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THE ROLE OF SOCIAL SECURITY CONTRIBUTIONS IN PENSION PROVISION

Aliyev Ma’ruf, Shodmonov Tilovbek

Social security contributions play a vital role in the provision of pensions, serving as a cornerstone of retirement income for millions of individuals worldwide. The significance of social security contributions in pension provision cannot be overstated, as they provide a safety net for workers, ensuring that they are financially secure in their golden years. This article will delve into the role of social security contributions in pension provision, examining their importance, benefits, and challenges, as well as exploring potential reforms to strengthen their efficacy.

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