Pension systems centered exclusively around state insurance schemes have often proven inadequate, and most major economies have developed corporate pension plans as well as voluntary private pension schemes to provide a more balanced approach. In Russia, less than 10% of the population are enrolled in corporate or private pension programmes, compared to over 70% in Europe and the United States. To what degree can international pension models be effectively adapted to the Russian market? What is the potential for expanding corporate pensions? What are the right incentives to encourage workers and individuals to save for their old age?