Third of Russians do not have money
A third of the Russian population does not have any savings, TASS reported citing Visa survey. The survey results say that 34% of respondents do not have any savings, and 21% do not keep details of their budget. …
Elena Grishina
Bill on changes into pension system passes first reading in Russia's State Duma
The government’s bill on changes into the Russia pension system has passed its first reading in the State Duma today, as 327 lawmakers supported the draft legislation, 102 deputies voted against, and one deputy abstained from the voting, …
Will Russia raise retirement age?
Russia's government is discussing the issue of raising retirement age, but it is too early to talk about concrete decisions, the Russian Minister of Labor and Social Protection Maxim Topilin said. "The …
Economic optimism prevails in Russia
The share of Russians expecting economic stabilization in the near future increased to 32.4% in March, according to the results of the RANEPA survey, the Izvestia newspaper reported. In March 2015, it was expected by 24% of respondents, …
New pension system being developed in Russia
Russian Finance Minister Anton Siluanov said at the Moscow Financial Forum that the Russian Central Bank and the Finance Ministry are jointly developing a new mechanism for voluntary contribution pension system. …