WORLD Putin proposes softening retirement age increase for women to 60

WORLD

Putin proposes softening retirement age increase for women to 60

Xinhua

20:27, August 29, 2018

俄罗斯退休年龄.jpg

An elderly woman casts her ballot at a polling station during Russia's presidential election in Moscow on March 18. (Photo: AFP)

MOSCOW, Aug. 29 (Xinhua) -- Russian President Vladimir Putin on Wednesday proposed softening the increase of retirement age for women, suggesting that it should be raised from 55 to 60 instead of 63, as in the original proposal.

"The retirement age for women should not increase more than for men. Therefore, I consider it necessary to reduce the proposed increase in the retirement age for women to five from eight years proposed by the bill," Putin said in a televised address to the nation.

The Russian State Duma, or the lower house of the Federal Assembly, passed in the first reading a bill on gradually extending the age of retirement to 65 from 60 for men and to 63 from 55 for women from 2019.

The president said a mother of three children should be allowed to retire three years earlier, a mother of four -- four years earlier. Women with five or more children should be able to retire at 50.

Putin also proposed keeping the retirement age for men set in the bill at 65.  

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