Date: 9 months ago   Category: Economy

The Central Bank has estimated influence of raising the retirement age on GDP growth — Rambler News Service


Photo: Kirill Kukhmar / TASS By estimates of the Bank of Russia, increase in a retirement age will make an additional contribution to increase in rate of a gain of GDP at the level of about 0,1 percentage points (items) in 2019 and 0,2–0,3 items in 2020-2021. It is said the report of the Bank of Russia on monetary policy for September about it. "Annual additional expansion of number occupied in economy and, respectively, increase in rates of a gain of GDP with other things being equal has to turn out to be consequence of realization of reform" — it is noted in the report of the Central Bank. According to the Central Bank, pension reform will exert "the smoothing impact" on potential pro-inflationary risks from dynamics of the salary. It, according to the Central Bank, will help to solve a staff deficit problem. On August 29 the President of Russia Vladimir Putin in the address to citizens of the country has proposed a number of measures for mitigation of the bill of raising the retirement age. Have entered decrease in retirement age for women from 63 to 60 years their number, the right of early retirement for mothers having many children, decrease in an experience for early retirement and preservation of all federal privileges. Later the corresponding amendments to the pension bill have been submitted by the president for consideration in the State Duma.

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