Alexey Madridfoto: Nina zotina / RIA Novosti
Raising the retirement age in Russia is inevitable, says former Minister of Finance, the head of the Board of the Center for strategic research (CSR) Alexei Kudrin. About it reports “Interfax”.
According to calculations of the International labor organization, which led to Kudrin, the amount of the pension must be at least 40 percent of the value of the previous earnings of the pensioner. Taking into account voluntary and funded up to 70 percent, he said. This level of payments is provided in the UK, Germany and Italy. In Russia, the pension amounts to little more than a third of wages, said Kudrin.
“So we have this software also identify. Let this happen in 10-15-20 years, but we have to enter these parameters. In particular, raising the retirement age, it is absolutely necessary”, — said the head of the Board.
He added that the priorities in Russia are education, health and transport infrastructure: “the three pillars of the budget and public policy — how to reallocate funds. We have estimated the models as it gives. This maneuver (raising the retirement age — primas’. «Tapes.ru») gives one percent of GDP for all other programs and institutions within five to six years”.
In December 2017 the President of Russia Vladimir Putin has promised a gradual increase in age of retirement.
In November, Kudrin said that the government has no money to pay pensions.
Video, photo All from Russia.