In Russia want to raise the minimum labour experience

В РФ хотят повысить минимальный трудовой стаж

Become a pensioner in the Russian Federation can become more difficult

The decision will be the alternative to increasing retirement age

Russian authorities are considering increasing the minimum seniority entitling to old age pension, as an alternative to raising the retirement age. About this newspaper Vedomosti.

The newspaper’s sources said that the sharp increase in the retirement age did not receive a positive response from the Russian society, and will not give immediate desired effect for the state budget.

The increase in experience, in turn, prostimulirujte people to work longer and to leave the grey sector salary in order to receive a higher pension insurance. It should bring additional revenues to the Pension Fund, and also to give the Russian economy recovery, said the sources.

One source said that a sharp increase in the minimum length of service should not wait, in fact, it will delay pension reform, and raising the retirement age in the future is inevitable. Another interviewee thinks otherwise — he pointed out that the increase in seniority for accrual of pension can be replaced by raising the retirement age.

The newspaper’s sources did not indicate how much may increase the rate of minimum work experience. Today, now Russian men retire at 60, women at 55.

To be eligible for insurance old-age pension in 2017, you must have at least eight years of insurance, pension and 11.4 points. Pension legislation provides for a gradual increase in the minimum number of pension points up to 30 and the minimum insurance period to 15 years — by 2025.

Recall, 3 October, Parliament adopted a pension reform, which envisages the modernization of pensions since October, and raising the minimum insurance period for retirement from 15 to 25 years from 1 January 2018. Three days later, President Petro Poroshenko has signed this law.