Published: 15 May 2014
Purpose. To study legal aspects of social risk management. Methods. The article considers the concept of social risk as a fundamental category of social security law; it analyzes regulatory acts on social security, and normative legal acts of other branches, confirming various stages of social risk management. Results. On the basis of the research it was concluded that the formation and functioning of the social security system can be regarded as a system of social risk management. This category is an independent subject of scientific research overlapping with several other branches of law. The results contribute to the enrichment of theoretical tools of social security law and improvement of legal regulation effectiveness in the social sphere. Scientific novelty. Scientific novelty lies in studying of social security from the point of formalization, evaluation, compensation (minimization), social risks prevention.