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The head of the Ministry of Finance called the conditions for the abolition of the funded part of the pension

The head of the Ministry of Finance called the conditions for the abolition of the funded part of the pension
Photo: pixabay.com

Russian Finance Minister Anton Siluanov told when and under what conditions it will be possible to abandon the funded part of the pension. According to him, for this it is necessary to change the pension system.

According to RIA News, the question of canceling the funded part of the pension can be considered only after the introduction of a voluntary savings system. According to Anton Siluanov, people need to create conditions and opportunities under which they can save up for retirement with a minimum reduction in income. Therefore, it is too early to talk about canceling the funded part of the pension.

Earlier, the Federation of Independent Trade Unions of Russia proposed cancel the funded part of the pension, since the current system infringes upon the rights of citizens. They get paid less than they could.

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