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Russians will be able to retire early - EastRussia | Far East

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Russians will be able to retire early

Russians will be able to retire early
Photo: pixabay.com

The Pension Fund of Russia said in what cases citizens can retire ahead of schedule. The law provides for this right for those who cannot find a job and are ready to confirm this fact with documents. In these cases, a passion allowance may be assigned two years ahead of schedule.

As the "Russian newspaper", for the payments of this category of citizens to the federal budget for next year, 4,4 billion rubles were laid. To confirm the lack of employment opportunities, citizens of pre-retirement age must provide a certificate from the employment center.

This is not an innovation, the pension fund explains, the Russians had such an opportunity before. So in 2019, 23,5 thousand people retired two years earlier than expected due to lack of work. Dates will be calculated taking into account the transitional period of the pension reform. So next year by age, women retire at 55,5 years, and men at 60,5 years. From 2021, the age threshold will increase by one year.