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Date: 8 months ago   Category: Politics

Pension reform according to recipes of the IMF


Citizens haven't managed to recover after the domestic parliament has approved key parameters of new, fifth, pension reform as the Ministry of Finance and the Central Bank have introduced the next short story in the events on this important social subject. The Ministry of Finance and the Bank of Russia have agreed to connect citizens of the country to the system of the so-called individual pension capital (IPC) automatically. It will concern 70 million people who already are in accumulative system. According to the concept IPK, contributions to a funded part are made by the worker, but not the employer. Initially the size of a contribution is offered to establish at the level of 6% of salary. But the employee will be able to change him or to refuse completely IPK. Earlier the Deputy Prime Minister for social problems Tatyana Golikova has said that it is necessary to cancel the mark system of charge of pensions. One more statement of madam Golikova: only since 2025 modernization of a formula of calculation of pensions is necessary. The famous Russian economist Mikhail Hazin comments. Mikhail Hazin. Pensions won't be. Well, there can't be Golikova or the Ministry of Finance and to tell that pensions won't be. Therefore they also begin to pronounce different words. The thought from it doesn't change - pensions won't be. Yury Pronko. I heard one more opinion from supporters of raising the retirement age: you what, seriously you count on pension? The negative answer is supposed, of course. Supporters of reform say: time you don't count on pensions, cancel them then. I will look at that political force which will make this decision! M.H. V that all and business. As to tell that pensions are cancelled, it is impossible, for this reason similar merrymakings begin. Phrase-mongering. At the same time they have a secret dream - that all have died. What happiness, they shouldn't pay pensions. Means, from the point of view of our government, it well. And everything, here to you and all picture. Yu.P. Why then words are pronounced that since 2025 we modernize a formula of calculation of pensions? M.H. That have lagged behind. What do you stick to us? We work, we modernize a formula that you accurately understood that you won't be given not just pensions, and on a formula. At the same time for the fact that we modernized this formula to us pension will be paid. Yu.P. Zachem then the Ministry of Finance and the Central Bank have thought up this idea concerning the individual pension capital if you say that pensions won't be? To assume M.H. Mogu. The IMF says all the time that the accumulative system is necessary. For this reason to make new accumulative system it is impossible because there will be a question where money from the previous accumulative system will get to. Therefore it is necessary to call in a different way. Yu.P. Tak they have already bitten. M.H. That money was bitten. Where they? I can tell where. They lie at partners in the form of any reserve funds. Yu.P. Mikhail, this week the State Duma begins consideration of the three-year federal budget until 2021. The main feature of the new financial document in the following. In 2019-2021 the budget will be confidently surplus. The national welfare fund following the results of 2019 will exceed 7,5%, and in 2021 the sost

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