Go to ...

The Newspapers

Gathering and spreading news from various Russian Newspapers

The Newspapers on Google+The Newspapers on LinkedInRSS Feed

Wednesday, March 14, 2018

“No money”: the government has come up with to save for retirement in 2017

The government is discussing the possibility to “freeze” the law on the indexation of pensions to inflation in 2017, according to “Vedomosti” with reference to three Federal officials.

photo: Gennady Cherkasov

Recall that expected inflation next year will amount to 6.5%, but such increase of pensions can be daunting for the budget. So, this year, pensions is indexed only by 4%, and the following increase remains in question.

This, in particular, and was linked to the famous phrase of the Prime Minister Dmitry Medvedev, spoken in the Crimea in response to a complaint by a pensioner on a low level of payments: “You stay here, you all the best, good mood and health.”

Assuming that pensions will be increased in 2017 according to the law, it will cost the budget of 410 billion rubles.

Also “sheet” lead a polemic two Federal officials, one of whom alleges that economy of budgetary funds it is possible to reduce social spending, and the second notes that in this case, despite the faster growth of expenditure on this area in the past seven years, spending on medicine and education would be abolished.

Watch the video on “Medvedev’s Remark about the lack of money for the indexation of pensions has become videoitem”

The Russian Prime Minister during a trip to the Crimea and talked with the local population and, in particular, listened to the complaint of an elderly lady on a small pension. Dmitry Medvedev urged the pensioner to “stick” because despite all the desire of the government to help this category of citizens, money in the budget to index no. Video published on the website youtube.com user Alim Aydamak

Related posts:
The Euro is in for a long fall
"Changing of the guard" in the bureaucratic mill
Telecom operators in Russia will go to domestic equipment
The head of Ryanair has promised the imminent appearance of free tickets


More Stories From Economy