Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russians Should Expect the Increase in Retirement Age
28.07.2011 14:40
Russians Should Expect the Increase in Retirement Age
Sergey Shatalov

Once again the members of the Government have discussed the necessity of pension reform in Russia.
      

'Russia won't be able to avoid the increase of retirement age to 65 years', financial deputy minister Sergey Shatalov said.
      

'I am afraid we won't be able to avoid that question in the near future. Of course, that process will be gradual. We will be increasing the retirement age by small portions, maybe by half a year. And it will take us about 15 years to reach the age of 65 for retirement.',  he said during his interview for "Echo of Moscow" radio station. 
      

'If that decision becomes a law, the people of preretirement age won't feel any cardinal changes. And young people will able to see the perspectives and, I think, they will understand the concern', he added.
      

Mr Shatalov thinks such decision is necessary for the whole social system in Russia. 'There are many countries with such problems, but no government can manage without the pension reform'. 
      

Currently the retirement age in Russia is 60 years for men and 55 for women. The question about increasing the retirement age has been discussed for many years. Particularly, in 2010 Alexey Kudrin, the head of  the Ministry of Finance, said that decision should be made within 5 years. In May of 2011 prime minister Vladimir Putin said the Government could return to that retirement age question no earlier than in 5 years. 


      

Source: RIA News


      

More Russian Business and Law News


Author: Julia Shuvalova

Tags: Russian law interview Russian people   

Next Previous


You might also find interesting:

Fuel Spilled near Norilsk Fell into Lake Pyasino
09.06.2020
Dramatist Leonid Zorin Dies
10.04.2020
Abramovich Bought the Most Expensive Villa in Israel
02.06.2020
Jubilee Tour of Russian Actor Dmitry Kharatyan in Germany, Belarus, and Israel
21.01.2020
Two More Dollar Billionaires have been Recorded in Russia
31.01.2020







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Astrakhan  Russian Architecture  Sheremetyevo Airport  travel to Russia  Rocket and Space Corporation Energia  Aeroexpress  Konstantin Bogomolov  Petroleum  computer  Republic of Tatarstan  Ukraine crisis  Yugra  St. Petersburg  Exhibitions in Moscow  Russian society  Regional Cuisines  Arctic Expedition  Russian regions  Russian Museum Reserves  Philharmonic Concerts  Komi Republic  Russian business  Facets Chamber  Achinsk  Kalashnikov Gun  Samara Oblast  Woodwork  Atheism  Ufa  Russian tourism  Russian Theater  Stanislavsky and Nemirovich-Danchenko Musical Theater  Russian Cinema  Mercedes-Benz Fashion Week Russia  Rosneft  Starichkov Island  Denisova Cave  Smoking in Russia  Moscow elections 2013  Ecotourism  Festivals in Moscow  coronavirus  Concerts in Saint Petersburg  inventions  Pskov Region  Bank of Russia  Exhibitions in Ryazan  Adygea  vodka production  Moscow 


Travel Blogs
Top Traveling Sites