Russians criticise pension reform after Putin's address

Record ID: 1354160

  • Title: Russians criticise pension reform after Putin's address
  • Date: 29th August 2018
  • Summary: MOSCOW, RUSSIA (AUGUST 29, 2018) (REUTERS) VARIOUS OF VIEWS OF RED SQUARE (SOUNDBITE) (Russian) OLGA KUZNETSOVA, AN ENTREPRENEUR, 56 YEARS OLD, SAYING: "Even three years, which he (Putin) reduced, that is good. Although I would leave (a retirement age) at 55 years. I believe that I'm lucky, because I'm 56 years old, I just retired, and I think it's good that I've escaped t
  • Embargoed: 12th September 2018 14:49
  • Keywords: Russian pension reform retirement age increase Vladimir Putin Duma draft on pensions reactions from Russians
  • Location: MOSCOW, RUSSIA
  • City: MOSCOW, RUSSIA
  • Country: Russia
  • Topics: Society/Social Issues
  • Reuters ID: LVA0018V8QHQF
  • Aspect Ratio: 16:9
  • Story Text: People on the streets of Moscow criticised pension reform after speech of President Vladimir Putin on Wednesday (August 29).
    Putin said he was cutting a proposed retirement age for women from 63 to 60 years as he watered down draft legislation to reform the pensions system which has hurt his popularity and stirred protests.
    In a TV address, Putin, who once promised to never raise the retirement age, took responsibility for the first time for the reforms which he said were needed to protect state finances, ensure stability in society and safeguard national security.
    Raising the retirement age would allow the government to pay out bigger pensions, whose current size he described as modest. The government says the average monthly pension will be 14,414 roubles ($212) by the end of the year.
  • Copyright Holder: REUTERS
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