The article considers the accounting of pension reserves in one of the core activities on state pension provision. In view of the upcoming reform of the pension, the question of safety of funds of depositors of non-state pension fund is becoming increasingly important. Pension reserves will be a guarantee of a sound, reliable and accounting will increase the transparency of operations with data and tools will enhance the credibility of non-state pension fund from potential participants. It should be noted that in the pension law the concept of “income” and “net financial result” is not disclosed to the extent that would definitely say that the result of the financial activities of non-state pension fund can be both profit and loss. Moreover, the interpretation of the concepts of “profit” and “loss” are absent in the pension legislation, and regulations on accounting, they also , in our opinion, is not disclosed to the fullest. Thus, we believe that the concept of “income” from the point of view of the special pension legislation, we believe that can be interpreted not only in the narrow sense, as the economic benefits , but also more broadly - as the financial results of non-state pension fund. The article assesses the use of the account 96 “Provisions for future expenses”. This recommendation is due to the lack of adapted chart of accounts for the non-state pension fund and is flawed and does not meet modern requirements of the law. The solution to this problem would be the formation of the adapted model chart of accounts in the preparation of which would be taken into account specifics of the non-state pension fund, as well as the opinions of experts in the field or making additions to the Ministry of Finance №110n. In our opinion the accounting for pension reserves must allocate a separate synthetic account with sub-accounts for these types of reserves.