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Russian Economic Development Minister thinks possible to raise retirement age by 5 years

"I personally think that we should consider a gradual raising of the retirement age for new pensioners, who still have no obligations," Ulyukaev said

Alexey Ulyukayev Dmitry Astakhov/press-service of the government of Russia/TASS

Alexey Ulyukayev

© Dmitry Astakhov/press-service of the government of Russia/TASS

MOSCOW, January 29. /TASS/. Russia’s Economic Development Minister Alexey Ulyukayev thinks it is possible to raise the retirement age for so-called "new pensioners", possibly by 5 years, he said on Thursday.

"I personally think that we should consider a gradual raising of the retirement age for new pensioners, who still have no obligations," Ulyukaev said, adding that possibly it should be raised by 5 years.

The anti-crisis plan reviews the government’s policy, meaning structural measures in the first place, Ulyukaev said.

"It should contain first of all further reforms in the pension system, meaning the retirement age, and the system of pensioning of the working pensioners, subsidies and implementation of the accumulative part of the pension system," the minister said, adding that he thinks the accumulative part of Russia’s pension system should remain intact.

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