The failure of the reform: the Millions of Russians pensions will not see at all

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Провал реформы: Миллионы россиян пенсии не увидят вообще

The President instructed the government to improve the welfare of pensioners, of which there are in the country 43 million. While some care about the future of the reform was to deprive the livelihood of millions of people, who were preparing to retire and are forced to stay due to the increase in the retirement age.

What will happen to millions of “new elderly”

On Wednesday at session of the government of Russia will be offered a new pension reform concept, the essence of which is to gradually raise the retirement age. American Agency Bloomberg, citing its sources in the Kremlin reported that it was initially discussed three possible scenarios for reform, of which Prime Minister Dmitry Medvedev chose the most “hard”.

The retirement age for women will be increased from eight years — from 55 to 63 years; for men it will grow by five years from 60 to 65 years. In this case, however, the reform will remain unchanged the number of existing privileges for certain categories of retired military, doctors, employees of hazardous industries.

The discussion about what Russia should raise the retirement age, is already not the first year. But the special poignancy she acquired immediately after the presidential address to the Federal Assembly: Vladimir Putin said that the average life expectancy to 72.5 years, and by 2024, is expected to grow to 78 years. Although if you look at the majority of Russian regions, where the average age of men was only 61(!) year.

The idea of raising the retirement age is supported by only one in ten Russians, according to opinion polls. But “for” many economists, including former economy Minister and current head of Sberbank German Gref in his words, the retirement age must “move” synchronously with the increase in the average age in the country. Otherwise, they say, to overcome the deficit of the Pension Fund.

Today it is 265 billion rubles, while for all Russian pensioners required amount of 7 trillion. rubles (only half covered by the employer’s contributions).

However, despite the constant growth of deficit of the Pension Fund, there was an unspoken moratorium on a formal discussion of the issue of raising the retirement age. In fact, practice shows that in recent years, retirees were the social group that Moscow preferred not to touch.

In the present situation, they are unhappy and will not, after all, the President instructed the government to improve their well-being. Maybe even ensure some sort of lump sum payment, as it was in the spring. Unhappy will it be a “new old” or young pensioners — women at the age of 56-62 years and men aged 61-64 years. That is, they worked most of his life, as it turns out, no pension they are not supposed to… And not only them, younger people in General are at risk not to survive until retirement.

Not ready to call time

In the midst of a public discussion about raising the retirement age came the report of the Central Bank, in which the blame for the failure of the pension reform lies with… No, not to employees of the Pension Fund, to build in each district a giant marble palaces with chandeliers and palm trees. And not even the tax office, which focus not see a giant informal sector, where pay salaries “in envelopes”.

The perpetrators of the failure of the pension reform, according to experts, banking system is the generation of Millennials: those who are now from 20 to 40 years. These people, according to banking analysts, are set for immediate spending, not savings and the purchase of goods.

“Despite the relative activity of the Russian youth in the formation of savings, it is most inclined to invest available funds in high-quality experiences, the motivations are not always future-oriented. This can undermine the sustainability of the existing pension system,” the report said.

According to analysts, the Millennials most of the money spend on entertainment and other services; instead of buying a new apartment prefer to rent instead of buying a new car — you use the service of car sharing. However, as stated in the report, the same tendency exists in other countries.

Only after the authorities of Germany or France do not blame his youth in that it undermines the economic foundations.

— Maybe our banking system is not ready to modern realities — said the Director of the research Institute of political sociology Vyacheslav Smirnov. — Modern Russian people, accustomed since the collapse of the Soviet Union to the fact that to save unprofitable. Too low wages and too great a chance of losing everything, as his time in the savings Bank, “Chara” or “the Russian house Selenga”. Here live mostly from paycheck to paycheck. And if the money appears crazy (inheritance, for example), then immediately sell the inherited apartment in order to repair their make and to buy a new car.

Firsov: the main problem is the weakness of the Russian economy

Generally, is it fair to draw the analogy between problems of the Russian millenials who do not want to save money for future retirement, and their Western peers? This question “Free press” asked the head of the Center for social projecting “Platform” Alexey Firsov.

— There are cultural factors: to own is becoming less fashionable. But I don’t think it is necessary to reduce only to a change of the cultural code. There are economic reasons: tax policy, or the fact that cheap loans make more profitable real estate purchase on credit.

But I think in Russia more significant factor is the decline in living standards. The share of expenditure on food in Russia is quite high and continues to grow, and is a characteristic of a weak economy. But the decline in living standards in fact occurs in Western Europe (several countries, except Germany, Switzerland), and the United States, if you take the lower level of the middle class and below. The problem is that there is no universal “master keys” no. In that position, which is our banking system, the refusal of young people from savings — this is probably the problem. But from the standpoint of the real sector can be absolutely the opposite in fact, if modern people don’t hoard and spend. In General, it is always a balance. And maybe the third position — the main problem is the weakness of microinstitutions in Russia, in excess of the share of the public sector.

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