Mistura says Homs terror attacks attempt to derail Geneva talksWorld February 26, 5:49
Annular eclipse will be visible in South America, Africa on Feb 26Science & Space February 26, 3:24
HNC expects Trump to correct Obama's mistakes in Syria - delegation headWorld February 26, 3:08
War on terror to dominate Geneva talks — Syrian UN envoyWorld February 25, 23:48
Russian skier wins gold in skiathlon at 2017 FIS Nordic World Ski ChampionshipsSport February 25, 17:46
Top US Air Force general points to growing conflict potential in Syrian airspaceWorld February 25, 17:17
Iran relies on Russia’s support in production of fuel for nuclear power plantsBusiness & Economy February 25, 16:20
Ukrainian military capture Donetsk water purification plant — spokesmanWorld February 25, 15:05
Azerbaijan and Armenia report armed clashes in Karabakh conflict areaWorld February 25, 11:45
VLADIVOSTOK, September 2. /TASS/. Cancelling retirement savings is out of the question, the system should be supported by all development institutions, Deputy Prime Minister Olga Golodets told TASS on Friday.
"Our pension strategy, adopted by the government in 2012, has a separate section - development of private pension coverage. It is a very important component of the entire pension reform and the pension system. This system has the right to life, it must be supported by all development institutions," Golodets said.
According to her, more than 8 million people in Russia are currently covered with private pension provision.
However, according to Golodets, the system needs to be reformed. "We must transition to an individual system contracts system. The state system cannot be involved in this, because every person must choose solutions, build contracts with private pension funds. It should be completely separate from the state system," Golodets said.
Deputy Prime Minister Olga Golodets told journalists earlier that it was decided to freeze retirement savings.
"Retirement savings will be frozen," Golodets said adding that transfer to the pension fund is not planned. "We have not planned it, extreme limits have already been reached," Golodets said.
The decision on freezing of retirement savings was announced for the first time in September 2013 in preparation of the state budget for 2014.