Abstract: The reform of pension systems worldwide is driven by the need to balance the costs of social support for people. These costs increase regardless of the country’s financial capacity. Ukraine, like the rest of Europe, is facing a crisis in the state pension system. An important element of the pension system is non-state pension insurance. The article analyzes the current state, models, implementation and effectiveness of the non-state pension system of different countries. Conducted consistent analysis of the foreign experience of non-state pension insurance allowed to structure the problems of pension insurance to establish the relationship between them and to determine the sequence of their solution. It was considered the main aspects of the development of non-state pension insurance in Ukraine as the main form of supplementary pension insurance. In the course of the research, four models of pension insurance in the world were considered, their features were determined on a classification basis, and also were determined the prospects for the development of the nonstate pension insurance. Emphasis is placed on the presence of certain features in each of the current global pension models. The problem of pension provision is exacerbated every year: in the next 30 yearsin the country will double the number of pensioners, so the state may face a dilemma: either increase deductions from the payroll or reduce the number of pensions. A method of accounting that excludes the possibility of manipulation should be adopted.For example, the one which is based on the calculation of the value of the pension contribution unit used in international practice. The method of valuation of assets should also become more transparent.

It is necessary to consider reforming the current system of non-state pension insurance and finding effective tools for ensuring a stable and reliable source of pension funds. As a result of the conducted research, there were set the tasks to determine under which conditions life insurance insurers have the opportunities to use the prospects of development and the opportunity to take a leading role in the market of services provision for non-state pension insurance.