The Russians have promised to increase pensions by 35 percent


Photo: Kirill Kallinikov / RIA Novosti

First Deputy Prime Minister and Minister of Finance Anton Siluanov has promised the Russians that the average size of pensions by 2024 will increase by 35 percent. Such a statement, Deputy head of the government made during parliamentary hearings, reports RIA Novosti.

In the next year, according to the Minister, the average size of old-age pensions will grow on one thousand roubles. “By the end of the six-year period in 2024 — we expect an average pension of about 20 thousand rubles, growth to the level 2018 by 35 percent,” — said Siluanov during his speech in the state Duma.

The official also recalled that the government currently faces the challenge of increasing pensions to a level above the rate of inflation. “The task set by the President, it is the pension increases rate above inflation. Prepared changes in the pension legislation which should improve the position of pensioners, to provide a decent pension,” said the Minister.

The start of the new pension reform which is to increase the retirement age, Prime Minister of Russia Dmitry Medvedev announced on June 14. The authorities explain extremely unpopular among the population the reform of the need and the inability of the current system to provide decent employment benefits.Following the reform, the retirement age for men will reach 65, and for women 63 years.

Video, photo All from Russia.


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