MOSCOW, Jul 16 (PRIME) -- The Russian government plans to allot 5 billion rubles annually to improve the qualification of citizens of a preretirement age, Labor and Social Protection Minister Maxim Topilin said Monday at a meeting of the State Duma’s committee on budget and taxes.
“We are developing a program of skills upgrade for those people who will be in a preretirement age. The government will allocate relevant funds for this, now we assume that it can be around 5 billion rubles annually,” he said.
The government currently plans to raise the retirement age to 65 years from 60 years for men and to 63 years from 55 years for women.
(62.2934 rubles – U.S. $1)
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