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Protesters rally against Russia’s plan to raise retirement ages

Posted at 5:45 PM, Jul 28, 2018
and last updated 2018-07-28 19:45:51-04

Protesters packed part of Moscow on Saturday to protest a bill that would raise Russia’s retirement ages to 65 years for men and 63 for women.

Demonstrators with banners and signs rallied in the city center after the country’s Communist Party got permission from the mayor’s office for the protest, state media outlet RIA Novosti reported.

The Duma, or lower legislative house, passed the measure in a first reading earlier this month. The upper house has yet to consider it.

The current retirement ages are 60 for men and 55 for women. The government has cast raising the retirement ages as necessary to keep pension funds solvent because the proportion of retirees is rising.

Raising the retirement age, though, likely would mean more people will not live long enough to ever receive a pension. About 57% of Russian men were expected in 2016 to live past 65, according to the World Bank.