Vladimir Putin made a televised address on pension reform
In July the state Duma approved a bill that provides for raising the retirement age to 65 and 63 years for men and women respectively.
The President began at noon and will last about 35 minutes.
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Earlier at a meeting on socio-economic development in Omsk the President said he would make his proposal on August 29. The press Secretary of the President Dmitry Peskov said that the format of the editorials chosen because of the importance of the topic.
In July, Putin has already expressed its position on this issue. The President noted that he did not like any of the proposed options for raising the retirement age. However, the head of state stressed that the pension system in the future may burst if not to make the necessary changes.
The state Duma on 19 July approved in the first reading a government bill on the amendment in the pension system. The project involves increasing the age of retirement to 65 and 63 years for men and women respectively.
Full text of Vladimir Putin to citizens of Russia published on the official Kremlin website.