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United Russia to study possibility of allowing people to decide when to retire

October 24, 2011, 18:51 UTC+3

Isayev is convinced that “this approach is justified and has a legislative framework”

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MOSCOW, October 24 (Itar-Tass) —— The ruling United Russia party is ready to study the possibility of allowing people themselves to decide when to retire upon reaching the retirement age or later, one of the party leaders and State Duma Committee on Labour and Social Policy Head Andrei Isayev said.

“There have been calls for raising the retirement age, but let me reiterate the position of our party one more time: we are categorically against that. One of the measures that would make the use of labour resources more effective and allow a person to form his own pension capital is based on the principle set forth in the People’s Programme worked out together with the All-Russia People’s Front,” Isayev said on Monday, October 24.

“After a certain age, a person can make his own decision as to when to retire. The later he retires, the bigger his pension will be,” he said.

Isayev is convinced that “this approach is justified and has a legislative framework”.

“We will certainly study this issue with all interested parties: members of the general public, the union of pensioners of Russia, trade unions, and employers,” he said.

The Programme of People’s Initiatives, also called People’s Programme and available at United Russia’s website, urges the government to “guarantee better and growing pension support to those who continue to work and retire three, five, seven or ten years later, as one chooses”.

“There should also be special training, employment and mentoring programmes for people of pre-retirement and retirement age who want to continue working. According to Russian and foreign experts, work extends one’s active life and lifespan considerably,” the document said.

United Russia says that the programme will become the basis for its legislative work in the next five years.


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