The Ministry promised “serious boost” to pension after the reform

The Ministry promised “serious boost” to pension after the reform

Moscow. June 18. INTERFAX.RU — Pensions in real terms for five or six years will grow at an average 8-10% after the increase in the retirement age, said labor Minister Maxim Topilin.

“That is a serious gain, this growth we have real pensions did not exist never, especially in recent years,” the Minister added. He noted that “all the gains here, of course, will get those people who are on pensions.” “Otherwise, we just will not be able to balance the system or to leave this improvement for pensioners”, — said Topilin.

The Minister recalled that the government, offering a pension reform poses a challenge for those pensioners who retired today, to add 1 thousand roubles taking into account the current inflation rate to the pension each year.

Earlier, Deputy Prime Minister Tatiana Golikova said that after raising the retirement age from 2019, the annual income of pensioners is expected to increase by an average of 12 thousand rubles.

A bill to raise the retirement age was approved by Cabinet on June 14. On 16 June the government submitted to the state Duma a bill on amendments to the pension system.