Indexation of benefits taking into account inflation and provision of social assistance within the limits of availability budget funds

Abstract

The article discusses the issues of the intention of benefits taking into account inflation and the provision of social assistance within the framework of capabilities and the economic limit of budget resources. In particular, the legal basis for distinguishing the social security program by functions and purposes (for example, old-age, disability and survivors' pensions, unemployment benefits, medical services and financial assistance to those in need) is outlined. It is noted that the social security program is intended to provide assistance, and as part of this, the article highlights its characteristic features so that the public can better understand the goals of each program, as well as promote accountability within each program. A proposal is made on the need to soften the differentiation of state pensions by establishing a low retirement age, early retirement and disability benefits.