The Ministry denied discussing plans for raising the minimum seniority

The Ministry denied discussing plans for raising the minimum seniority

No changes in the pension system are not discussed, said the Ministry of labor. Previously, the newspaper “Vedomosti” reported that the authorities are inclined to increase the minimum threshold of seniority to receive old-age pension.

The Ministry of labour and social protection has denied the information on the development of a plan to raise threshold of the minimum work experience as an alternative to raising the retirement age. About it with reference to the press service of the Ministry, reports “Interfax”.

“There are no changes in the pension system, including minimum work experience, currently not discussed”, — said the press Secretary of the head of the Ministry of Maria Isanove.

Previously, the newspaper “Vedomosti” with reference to the three Federal officials said that such plans discusses the presidential administration and the government. The sources said that the idea of raising the retirement age is unpopular among the population, so the authorities are inclined to increase necessary for receiving old-age pension seniority.

According to one of the newspaper’s sources, this measure will encourage people to work longer and to get out of grey sector, which will bring more income to the Pension Fund (PFR) and overall improve the economy of the country.

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