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Russian pensioner in military uniform looks on during a protest rally in Russia's southern city of Stavropol.
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Jan. 11, 2008
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Govt to Launch Pension Reform This Year
The current pension system is “extremely ineffectual” and the government intends to set to reforming it already this year, said Russia’s First Deputy Prime Minister Dmitry Medvedev.
“The pension system is really complicated, perhaps, the most complicated. We are targeted at changing this system,” Medvedev said at the Friday meeting with the crew of Captain Morgun shipping vessel.

“We will do it carefully not to unbalance anything,” the first deputy prime minister specified.

Asked to consider whether the retired sailors could be ranked equal to military pensioners, Medvedev said that the pension system does call for adjustment also in part of sailors’ pensions, but this issue couldn’t be tackled separately without changing the whole system.

According to Medvedev, the government should accelerate the process. “We have extremely ineffectual pension provision today,” Medvedev said.

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