Putin may announce position on retirement age hike on Wed - News Archive - 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

Putin may announce position on retirement age hike on Wed

OMSK, Aug 28 (PRIME) -- Russian President Vladimir Putin said on Tuesday he will articulate his position on pension changes in detail and could make a†statement already on Wednesday.

УIn the near future, maybe already tomorrow, I will articulate my attitude (to pension changes) and will make a relevant statement,Ф Putin said.

The State Duma, the Russian parliamentТs lower house, in late July approved in the first out of the three required readings a bill that gradually raises the retirement age to 65 years for men and 63 years for women from 60 years and 55 years, respectively. The bill, to take force from January 1, 2019, encompasses a transition period from 2019 till 2034 with an annual increase of the retirement age by one year.

Sharp discussions in the society around the proposed changes in the pension legislation were expected, as the issue is very sensitive, Putin said.

УAs you know, the Russian government put forward an initiative to make a reform in the pension system, submitted a relevant bill to the State DumaЕ Of course, all this evoked an expected response, quite sharp discussions in the society,Ф he said.

УFor every person, especially of the older generation, the issue of a retirement age hike, and this is envisaged in the reform proposed by the government, is very important and sensitive and hardly anyone can like it. Actually, this has always been the case during transformations of this kind.Ф

The government should not act mechanically and formally while making decisions on pension changes, Putin also said.

УPlease do not forget that all our decisions will concern hundreds of millions of people and should be fair, take into account interests of citizens, we cannot act mechanically, formally, and only carefully,Ф he said.


28.08.2018 11:54
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 75.5841 -0.0489 19 jan
USD 66.3309 -0.1129 19 jan
Stock Market Indices
1D 1W 1M 1Y
rtsi 1176.42 +1.67 18:50 18 jan
micex 2473.61 +1.06 18:50 18 jan
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 159.20 +1.34 18:49 18 jan
lkoh 5193.50 +0.17 18:49 18 jan
rosn 419.70 +0.91 18:48 18 jan
sber 208.44 +2.52 18:49 18 jan
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 75.6150 -0.1575 14:59 18 jan
USDTD 66.3225 -0.2800 17:44 18 jan