Pension revolution is comming to Russia

VLADIVOSTOK. June 10. VOSTOK-MEDIA - Ministry of Health has prepared the Russians pension revolution. If the proposed agency would approve the government, then a new procedure for payment of pensions to pass in 2014.

As told Deputy Health Minister Yuri Voronin, pensions will be calculated on a new formula. First, the Health Ministry proposes to abandon the indexation of payments on inflation and instead link them to the average wage in the economy.
Second, to receive the pension will be required full time working experience of 30 years. In fact, we are talking about raising the retirement age. This is particularly true of women who frequently experience lower because of maternity leave and an earlier date of retirement.