The adjustment of the pension reform will require 500 billion rubles
Moscow. August 29. INTERFAX.RU — the Proposal of Russian President Vladimir Putin for the adjustment of the pension reform will require financial expenses amounting to about 500 billion rubles for six years, said first Vice Premier, Finance Minister Anton Siluanov reporters in Moscow.
Earlier Wednesday, Putin made several initiatives to clarify the proposals to change pension legislation prepared by the government of the Russian Federation and in the state Duma. He proposed to raise the retirement age for women for five years instead of eight, the people of retirement age — to provide benefits.
“According to our estimates, the volume of financial resources on the proposals in a six-year period is about 500 billion rubles. This will require clarification of our budget plans. This will require further planning of the budget of the Pension Fund, which we will implement in the coming three years and six years.” — said Siluanov.
The necessary resources will be sought in the budget of the FIU and, accordingly, the volume of transfers from the Federal budget to the Pension Fund will also ensure that all the points made today by the President of the Russian Federation initiative.Anton Silvanawyat Finance of the Russian Federation
He stressed that pension reform will not lead to the reduction of transfers from the Federal budget to the Pension Fund. “Many believed that the government’s initiative stems from the fact that to save on transfers to the Pension Fund, finding resources in the budget for extra solutions that we take. I want to say that all the changes in the pension legislation do not lead to the reduction of the transfer to the Pension Fund. In some years, for example, next year the Pension Fund transfer will be even larger than previously planned.” — assured the first Deputy Prime Minister.
Therefore, all the resources that the Pension Fund will receive from changes in the pension legislation, will be directed on increase of pensions, increase pensions for our citizens.Anton Siluanov Minister of Finance of the Russian Federation
The state Duma on 19 July 2018 adopted in the first reading a government bill on the gradual increase in the retirement age to 65 years for men (to 2028) and 63 years for women (to 2034). Currently, the age of retirement for men is 60 years for women — 55 years.
See also: How Vladimir Putin changed the pension reform