Abstract

In the Article: " Pension system reforms in Georgia", there have been discussed the essence of the pension system and pension in general, necessity of its presence, periods of development, its first founder in the world, the types of the pension system and etc.

In the Article there have been explained the implementation of the pension reform in Georgia, in 2018 (that was expressed by the introduction of the accumulative pension system) by significant growth of the old-age population, which have increased the pension funds to be paid to them. Due to this, the introduction of the accumulative pension system is deemed in the Article as an effective measure. There is only expressed a doubt about the positive expectations. Such doubt is based on the results of the research conducted in Tbilisi population. As these results showed, the 57, 5% of the per-sons interviewed did not trust a new pension system, 29,5% - trust partially, and 20% of them - trust it.

The author deems that such great share of the people of negative attitude is caused by the insta-bility and high inflation in the country, which may entail the devaluation of the pension funds.

Key word: pension, distributive pension system, ageing of the population