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Putin suggests retirement pensions be increased by 7% against original 6% from Feb 1

January 26, 2012, 17:10 UTC+3
According to Putin, a total of 1.3 billion rubles will be allocated from the budget to this end
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MOSCOW, January 26 (Itar-Tass) —— Russian Prime Minister Vladimir Putin on Thursday suggested that retirement benefits be increased from February 1 by seven percent, instead of the originally planned 6.1 percent.

According to Putin, a total of 1.3 billion rubles will be allocated from the budget to this end.

“Another increase is planned for April 1. Also from April 1 social pensions will be increased by 14.1 percent,” he said at a government meeting. In his words, all funds to pay increased benefits and pensions are fixed in the federal budget.

 

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