The Minister of economic development Alexei Ulyukayev supported the proposal to raise the retirement age in Russia. This, in his opinion, need for balance within the pension system between the payers of contributions to the pension Fund and recipients of payments, according to the Agency TASS.

“I think this is a necessary condition. I have already explained that for reasons not so much fiscal as for demographic reasons, the problem of labor resources, but also because of the balance between pension recipients and payers, that is, it is necessary to maintain an appropriate level of replacement rate”, – he commented the statement of the world Bank about the need to raise the retirement age in Russia.

On the eve of the chief economist of the world Bank in Russia Apurva Sangi suggested that raising the retirement age in Russia can not be avoided due to the aging of the population, advising not to turn the improvement in shock therapy.

According to him, pensions have played an important role to ensure social stability in Russia. “But we see that this financial system is unstable, because not many people make their contributions to the pension system,” he said.

“Medium-term measures – still to raise the retirement age. But we understand that any of these measures are extremely sensitive. And it is necessary to take into account before taking such measures. Raising the retirement age is almost inevitable, but don’t need to do it as shock therapy, and to prepare in advance for this society,” – said the expert of the world Bank.

Recall now the Russian men retire at 60, women at 55. The idea of raising the retirement age officially appeared in the proposals of the Ministry of Finance developed after the February meeting, the Prime Minister dedicated to the improvement of the pension system in the conditions of new socio-economic challenges.

The office of Anton Siluanov is proposing to raise the retirement age to 65 years for both men and women. The increase will be in increments of 6-12 months. The issue of denial of payment of all pensions or its fixed part pensioners who are officially employed.

It is also proposed to refuse payment of pensions to working pensioners, to increase charges to the Pension Fund on all wages without limit in 796 thousand rubles a year and reduce budget transfers to the pension Fund by cutting benefits and deductions.

Raising the age for retirement, according to officials, will allow to reduce budget expenditures to reduce the deficit of labour resources in the market.

At the end of August 2016, Prime Minister Dmitry Medvedev saidthat decisions about raising the retirement age not been taken yet. He noted that against raising the retirement age in Russia are more than 90% of Russians.

About the need to raise retirement age, says former Finance Minister Alexei Kudrin, in may became Chairman of the Center for strategic research.

The Minister of economic development Alexei Ulyukayev also pointed outthat after 2018 it is necessary to gradually raise the retirement age to 63 years.

Deputy Prime Minister Olga Golodets, who oversees social bloc of the government, however, recently said that the Russian government is not considering raising the retirement age. “We are not now discussing in the government the question of raising the retirement age,” she replied to the question, does the Cabinet have to change the retirement age due to the fact that in July, according to Rosstat, the average life expectancy in Russia has exceeded 72 years.

The speaker: the retirement age needs to increase to balance 10.11.2016

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