Updated retirement schedule published

In 2018, Russia adopted a consistent increase in the retirement age. This significant change affected all age groups, starting with those born in the mid-1950s and younger. Until this point, the retirement age had not changed since 1932, necessitating reform of the pension system to reflect current economic and demographic realities.

New provisions were introduced gradually, giving citizens time to adapt to new conditions. The Russian authorities took into account the importance of maintaining social justice and maintaining benefits for certain categories of citizens, such as mothers of many children and workers with long work experience. These measures are designed to ensure the stability of the pension system and contribute to a longer and…