The Russian Government has rejected plans for the “unfreezing” of pension savings

The Russian Government has rejected plans for the “unfreezing” of pension savings


Moscow. June 8. The Russian government has no plans to ‘defrosting’ of pension savings, told reporters Deputy Prime Minister Olga Golodets.

“Plans “thawing” (pension savings) is not” – said the Golodets.

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Golodets noted that the issue of gradual increase of the retirement age is also not yet discussed.

Answering the question of whether the government of the Russian Federation after the parliamentary elections to return to the topic of raising the retirement age, Golodets noted that “it is a question not so much political, as economic and social”.

“It’s a question of system balance. As far as funds which the number of pensioners. And it’s all of the counting model”, – said Deputy Prime Minister.

The government of the Russian Federation for the past three years has imposed a moratorium on formation of pension savings.

Earlier it was reported that the Ministry of Finance for another year to extend the moratorium on formation of accumulative pensions, it would save 400 billion rubles by reducing transfer.

The head of the CBR Elvira Nabiullina acknowledged that there is a risk of freezing of pension savings in 2017 as external conditions are quite negative, and it takes time to budget to adapt during control of the deficit and cost optimization.

The Central Bank and the Finance Ministry are working on proposals to improve the pension system in order to keep the cumulative part, but to a lesser extent was dependent on the budget.