Issues of Diversifying Funding Sources and Managing Fiscal Risks in Ensuring the Financial Sustainability of the Pension System

The article analyzes the issue of strengthening the financial sustainability of the pension system from the perspective of diversifying funding sources and managing fiscal risks. It substantiates that the sustainability of the pension system should not be limited solely to increasing contributions or reducing expenditures, but should also be ensured through expanding revenue sources, reducing their sensitivity to cyclical fluctuations, forecasting liabilities, and proactively managing budgetary risks.