PROSPECTS AND LIMITS OF THE PENSION FUNDS USAGE FOR INVESTMENT PROJECTS FINANCE IN THE TRANSPORT INFRASTRUCTURE SPHERE
One of the most acute problems for infrastructure companies in Russia today is the formation of the optimal structure of sources of financing large-scale investment projects in the field of development and infrastructure construction. Slowing economy and limiting the growth of natural monopolies’ tariffs to curb inflation exerts significant pressure on the cash flows of these companies. One of the sources can be pension funds, but today there are limitations of the legislative ( and not only) character to their full use. In this paper, a quantitative and qualitative assessment of the assets of the pension system in Russia, its structure, provides a comparison with international practice, the use of pension fund assets, analyzed and discussed the prospects of limiting the use of pension funds to finance investment projects of infrastructure companies.