Source Pravda.Ru

Putin lowers retirement age for women to 60 years, changes nothing for men

Russian President Vladimir Putin announced changes in pension reform in Russia. In a televised address to the nation, Putin announced that the retirement age for women would be raised by five years - to 60 years. Earlier, the Russian government suggested raising the retirement age for women by eight years - to 63 years.

"In our country, we share special and tactful attitude to women. We understand that not only they work at their jobs, but also usually take care of the household, the whole family, their children and grandchildren. The retirement age for women should not be raised higher than for men. Therefore, I consider it necessary to reduce the proposed raise in the retirement age for women from eight to five years," Putin said.

Until this week, President Putin has distanced himself from discussing the issue of raising the retirement age win Russia. On July 20, during a meeting with volunteers in Kaliningrad, the president said that the final decision on the matter had not been made yet. "I do not like any of the variants, and I assure you, there are few of those in the government, if there are any at all, who like it," he then said.

The Basmanny Court of Moscow arrested Michael Calvey, the founder of Baring Vostok investment fund, on allegations of embezzling 2.5 billion rubles from Vostochny Bank. Calvey will be held in custody until April 13

Putin informed about arrest of US investor Michael Calvey
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