Abstract:

Creating a system of interaction and active participation of elderly people in forming their incomes by using various planning and finance mechanisms acts as an important factor to improve their living standard, to increase incomes of regional and municipal budgets through service industries and to stabilize the costs of services in the conditions of inflation processes.

In this research study, according to the reviewed results of surveys conducted in 2017, primary and secondary statistics about the living standard of elderly people over the period 2011-2016, recommendations are suggested aimed at searching for and applying planning and finance mechanisms to increase their living standard under the conditions of accelerating inflation.