Moscow Counting on Russians Passively Accepting Raising Pension Age beyond Male Life Expectancy

Cash, Calculator, Pen

(Paul Goble – Window on Eurasia – Staunton, February 2, 2016) The Russian government doesn’t have to worry about widespread protests over its reported plans to raise the pension age of Russian males in 2018 to one older than their average life expectancy, a Russian scholar in Yakutsk says. The opposition will complain, but it doesn’t have the votes in […]

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Finance Ministry’s Nesterenko: retirement age increase ‘inevitable’

Two Babushkas file photo

KRASNOGORSK. Oct 9 (Interfax) – The interim decisions approved for next year in light of the budget deficit do not eliminate the need to raise the retirement age. The draft budget for 2016 approved by the government this week indexes pensions by just 4%, rather than the actual inflation rate in 2015 (about 12%), with an option to conduct a […]

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Reinventing the Babushka Concept

Two Babushkas file photo

(Russia Beyond the Headlines – www.rbth.ru – Natalia Yamnitskaya, special to RBTH – March 7, 2013) A “babushka” used to spend her time babysitting grandchildren and gardening, but today’s retirees are taking advantage of a wide range of opportunities. Olga Kuznetsova, who graces the floor of a dance studio in an elegant dress and heels, can hardly be described as […]

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