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:








Comment on our site


RSS   twitter      submit



TAGS:
Russian society  Book Tickets for Ballet  Crowdfunding  Russian visa  Zheleznodorozhny  Russian economy  migrant workers  Maria Sharapova  Baikal  Folk Arts  Exhibitions in Moscow  invest  space  Veliky Novgorod  Russian mobile operators  Luzhkov  cheese tour  Russian business  Online Events during Quarantine  third places Moscow  Museum of erotic art  Wedding Excursion  Easter  Music Festivals  Exhibition in Moscow  Vadim Sidur Museum  Russian tourist destinations  car premiers 2012  Moscow resorts  Russian winter  Russian Cinema  Pilorama Civic Forum  Zvyagintsev  St. Petersburg  Russian political parties  Ceramics Museum  Russian tourism  Moscow attractions  the Rostov Kremlin  Russian science  Mercedes-Benz Fashion Week Russia  Russian journalists  Russian oil companies  Russian scientists  Organ Music Concerts  Russian writers  Wings of Russia  Moscow  Eurovision  Visual Arts 


Travel Blogs
Top Traveling Sites