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Government's policy in financing social sphere is becoming more and more topical. In this regard, managing pension system effectively, conducting research basing on "income distribution through the time" principle in its financing is of particular significance. In this article the possibility of applying the experience of European Union countries in the level of coverage of population by the pension plan and its development in Uzbekistan.doi:10.23958/ijsei/vol04-i05/82 fatcat:bl7mzhxl4bfq7l3pzzj7zsldci