Putin said the threat to the pension system

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Vladimir Putinto: Dmitry Azarov / Kommersant

Russian President Vladimir Putin said that without changes, the pension system in the future could burst. The corresponding statement he made at a meeting with volunteers in Kaliningrad on Friday, July 20, reports RIA Novosti.

“Five pensioners have six working and the situation will not change in favor of workers — their number will be reduced. And there will come a time quite quickly when the number of employees equal to the number of unemployed will decrease. And then either the pension system will burst, or the budget contingency Fund from which we today are funding the pension system deficit, or it will burst,” — said the head of state.

At the same time, he stressed that the government’s proposal — raising the age of retirement — he does not like. According to him, it is necessary to understand all the nuances, and the time for this is at least 10 years to reform pension legislation.

This is the first public statement of the President on pension reform, which Prime Minister Dmitry Medvedev announced in mid-June. Raise the retirement age up to 65 years for men and 63 years for women.

On 19 July, the bill passed its first reading in the state Duma. The document was supported by 327 deputies voted against 102 members of Parliament.

Video, photo All from Russia.

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