Golodets called a “myth” the problem of Pension Fund deficit

The problem of the deficit of the Pension Fund of Russia is exaggerated, said Deputy Prime Minister Olga Golodets. She also said that the government has no plans to raise the retirement age and criticized the idea of capping salaries for economic growth.

“The topic of the Pension Fund deficit, it is, of course, exaggerated. This is some myth. For example, in comparison with the twelfth year the Pension Fund is balanced, better balanced half a trillion rubles”, — said the Golodets in the program “Vesti on Saturday” with Sergei Brilev (quoted by RIA news).

According to the Vice Prime Minister, the government has no plans to raise the retirement age. “Well, in the near future we do not plan to do,” she said. “In order to have a serious conversation about raising the retirement age, need to begin to move through the execution including the may decrees of a lifetime”, she said.

In addition, Golodets spoke out against the restriction of incomes of the population, as this will prevent the development of the economy. “Without the support of consumption today it is impossible to further the development of the economy. And the topic of salaries is not only the subject of execution of decrees of the President, it is a basic condition for the further economic development of Russia. When we withdraw money from wages, then, no matter how much we have produced in the absence of the end user, nothing happens,” she explained and urged not to be afraid. “No need to be afraid. We need to support the public sector today, need to support various sectors to the economy structurally reconstructed”, — summed up Vice-the Prime Minister.

Previously, the Ministry proposed a scenario out of the crisis, which is based on the reduced income and purchasing power of the population, it is assumed that the reduction in income will be accompanied by the accelerating growth of investments by corporations, which profit will increase. Press Secretary of the President of Russia Dmitry Peskov said that this is only one of the proposals that is being discussed by the authorities, and it is impossible to speak of a “clearly expressed position”.