IMF tells Russia to raise retirement age by 2030
YEREVAN, June 13. /ARKA/. The International Monetary Fund (IMF) thinks the retirement age in Russia should be raised to 63 years for both men and women, IMF Advisor Antonio Spilimbergo said on Wednesday, as RIA Novosti reports.
Russia’s Finance Ministry has proposed increasing the pension age in Russia from 2015. The ministry said the age should be raised gradually, by six months for women and three months for men annually until both categories reach an equal retirement age. Currently, women retire at the age of 55 and men at the age of 60 in Russia.
The retirement age in Russia is much lower than in other European countries. -0-