Contents tagged with pension

  • Most Russians will not live to new pension age proposed by Kremlin

    The pension reform proposed by the Russian government will leave most of the male population without a pension in every fourth Russian region.

    This conclusion was reached by Yakov Mirkin, head of international capital markets at IMEMO RAN (Institute of World Economy and International Relations), based on data from Russia’s State Statistics Service (Rosstat).

    The government is proposing to raise the retirement age for men from 60 to 65 by 2028. This is close to the average life expectancy for …