PRESS: PM says Russia to raise retirement age sooner or later - All News - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

PRESS: PM says Russia to raise retirement age sooner or later

Medvedev49MOSCOW, Nov 11 (PRIME) -- The Russian government will raise the retirement age sooner or later, Prime Minister Dmitry Medvedev told the official government gazette Rossiyskaya Gazeta newspaper in an interview published Wednesday.

“It is clear that we will have to decide on an increase of the retirement age sooner or later – life expectancy is growing across the globe, the age of a real retirement is rising as well,” the official said.

Economic Development Minister Alexei Ulyukayev said earlier that the retirement age must be raised to 63 for both men and women from 60 and 55 years, respectively. Deputy Prime Minister Olga Golodets, who is responsible for social issues, said that the government will not raise the retirement age in the next 10 years.

Medvedev said that a recent decision to increase government officials’ retirement age was met with criticism.

End

11.11.2015 09:58