Retirement age may be raised in Russia

Retirement age may be raised in Russia

 

Russia may raise the retirement age by 5 years, said Minister for Economic Development Alexey Ulyukayev. One of the ways to do so, according to the minister, is to raise it in 10 years, by 6 months each year, TASS reports.The minister reminded that the government was correcting structural measures. In his words, anti-crisis measures should include further reforming of the pension system, sector benefits and functioning of the accumulative pensions system.

 

Russia may raise the retirement age by 5 years, said Minister for Economic Development Alexey Ulyukayev. One of the ways to do so, according to the minister, is to raise it in 10 years, by 6 months each year, TASS reports.

The minister reminded that the government was correcting structural measures. In his words, anti-crisis measures should include further reforming of the pension system, sector benefits and functioning of the accumulative pensions system.

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