Raising the retirement age in Russia will begin since 2019

Raising the retirement age in Russia will begin since 2019

MOSCOW, June 14. /TASS/. The government proposes to gradually raise the retirement age to 65 years for men and 63 years for women, the transition period will begin in 2019 and will last until 2028 for men and 2034 for women.

This was stated by Prime Minister Dmitry Medvedev at a Cabinet meeting, which considered the bill.

It is proposed to introduce a sufficiently long transition period — it is proposed to start in 2019, to incrementally reach retirement at 65 years for men in 2028 and 63 years for women in 2034.Dmitry Medvedevputin-Minister

According to Medvedev, “this will allow us to direct additional funds to increase pensions above the rate of inflation.”

He assured that “the changes are smooth, the increase will take place gradually”. According to Medvedev, “this will allow us to direct additional funds to increase pensions above the rate of inflation.” The Prime Minister assured that current retirees will not affect the increase in the retirement age, a pension will annually rise by about 1 thousand rubles a year.

Scheme of increasing

The first increase in the retirement age will affect men born in 1959 and women born in 1964: they will be eligible to retire in 2020 at the age of respectively 61 and 56 years old. Men born in 1960 and women born in 1965 will be retiring in 2022 at the age of respectively 62 years and 57 years. Men born in 1961 and women born in 1966 in 2024 at the age of 63 years and 58 years; men born in 1962 and women born in 1967 in 2026 64 years and 59 years; men born in 1963 and women in 1968 can retire in 2028 at age 65 respectively 60 years.

At this, reaching 65 years, a transitional period of increasing the retirement age for men will end. Women born in 1969 will be eligible for retirement in 2030 the age of 61 years; women born in 1970 in 2032 at the age of 62 years; women born in 1971 in 2034 at the age of 63 years.

Increasing the retirement age does not affect current retirees is about 46.5 million people.

Age allowances

The Prime Minister proposed to keep the benefits age for retirement. “It is proposed to retain the existing incentives for early retirement for certain categories,” he said. In particular, this right will remain for those working at harmful and dangerous productions, for women with five or more children, a number of categories of disabled people “Chernobyl” and some other.

“Requirements to the service-teachers, medical and creative workers are also encouraged to leave the old: now these categories of workers should develop a specific experience from 15 to 30 years depending on the specific category of employees,” — said the head of the Cabinet. According to him, the age of retirement of these workers will be calculated on the basis of common approaches to raising the retirement age.

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