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Putin did not approve a disputed draft of the pension reform

October 02, 2012, 12:21 UTC+3
The president refused to take a political decision, which settles the dispute between the Finance Ministry and the Labour Ministry
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On October 1, the government approved a development strategy of the pension reform through 2030 and passed it to the president for consideration. But Vladimir Putin refused to take a political decision, which settles the dispute between the Finance Ministry and the Labour Ministry. The Open Government will discuss the strategy.

The Novye Izvestia daily reported that, according to deputy chairperson of the State Duma Committee for Budget and Taxes Oksana Dmitriyeva, the reform is incomplete, “The saving part of the pensions should be abolished completely rather than partially. The funds, which will be saved from financial mediators, can be allocated for higher pensions or making the deficit of the pension fund lower. The repeated indexation is needed for the contributions in the saving part of pensions that the younger generation had made. They were affected from the abortive pension reform in 2001. Secondly, the ageing factor should not be changed. The lifespan did not increase in our country. The lifespan remains at the level of 50 years ago,” Dmitriyeva stated.

The Moskovsky Komsomolets daily recalled that the state authorities have been trying to reform the pension system already for a long time, but not consistently: neither the money-for-benefit system, nor the introduction of the saving part of pensions, nor other changes made it possible to consider the pension system incomplete. The pension is expected to reach 40% of salary by 2030. But only if the average salary has been received for 40 years. So, 40 years of the length of service can be achieved by 60-65 years with the beginning of the career at 20-25 years.

 

 

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