Russians are accusing their government of raising the retirement age close to men’s current average life expectancy while the country is distracted by its hosting of the World Cup. Prime minister Dmitry Medvedev announced on Thursday the Russian state pension age would be hiked from 60 to 65 for men by 2028 and 55 to 63 for women by 2034.
Expected to be officially adopted by next year, the new policy would mean the country’s retirement age for men would be only a year lower than the World Health Organisation’s estimated life expectancy for a Russian man of 66. World Bank estimates also had Russian male life expectancy at 66, while the CIA’s World Factbook had it at 65. Women can expect to live to about 77.
The Russian Confederation of Labour (KTR) said official statistics showed the average life expectancy of men was less than 65 in more than 60 regions of Russia. It estimated around 40 per cent of men and 20 per cent of women may not live long enough to claim their pensions under the new rules.