Putin Makes Russian Pension Reforms Law
An extra $7.6 billion from the government will help finance the operation, which gradually raises the national retirement age over the next five years.
An extra $7.6 billion from the government will help finance the operation, which gradually raises the national retirement age over the next five years.
Controversial measure, which increases the retirement age, now goes to parliament’s upper house.
Measure’s third and final lower house reading to be held today.
Reforms must be approved in next two readings and upper house before president can make them law.
Russian leader would raise pension eligibility for women by only five years instead of eight.
After public outrage erupts, Russian president could speak on the proposal as early as today.
Russian president voices doubt about controversial proposal to raise retirement ages.
Putin’s silence leads to heavy criticism, harking back to his earlier pledge to not raise the eligibility level.