Russians warned about reducing pensions
Experts warned that by 2030, pensions will be only a quarter of the salary - the so-called replacement rate could fall to 23%. In order to avoid such a development of the situation, they call for taking the necessary measures to change the pension system.
Currently, the ratio of the average pension to wages in Russia is 33.7%, with an average salary of 36,746 rubles and an average pension of 12,391 rubles. According to the Director of the Research Financial Institute (NFI) under the Ministry of Finance, Vladimir Nazarov, in order to prevent the decline of pensions, it is necessary to carry out a number of structural reforms.
Another important factor is the popularization of later retirements among pensioners. According to the expert, if you postpone retirement for five years, the size of payments will increase by one and a half times.
“We must actively convey to citizens the peculiarity of the current pension formula. In it, the voluntary postponement of retirement leads to a significant increase in it,” the newspaper Izvestia quotes Nazarov.He believes that in conditions of low inflation, this is the most profitable investment for older people.
Another measure that will not reduce pensions is to raise the retirement age. Thus, raising to 63 years for men and women will increase insurance pensions by 30%. In view of inflation, the increase will be four thousand rubles. At the moment, half of pensioners up to 60 years old work in Russia. In general, about 30% of pensioners work in the country.
In turn, the government is preparing to take a number of measures to improve the current pension system. In particular, the Ministry of Finance and the Central Bank have prepared and submitted to the government a new concept of individual pension capital (IPC). According to it, citizens by default would pay from 1 to 6% of salary to non-state pension funds. A state program on the development of the pension system for 2018–2035 is also being prepared.
As Dni.ru wrote, tens of thousands of Russians have serious problems with their pensions due to the fact that non-state pension funds (NPF) do not let customers go to their competitors. Many citizens complained that they could not transfer funds to another organization.In total, about 12 million applications for changing the pension fund were filed in 2016, but only 6.5 million applications were satisfied.