Tuesday, July 3, 2018

‘I’m Scared I’ll Die Working'

I actually know for even worse scenario which is coming to Russia(the one in which you die in endless search for employment) - related to http://ausertimes.blogspot.com/2018/07/here-is-how-things-will-be-played-out.html

TVER — It was raining so heavily on Sunday afternoon that the clutch of umbrellas gathered in central Tver did little to prevent those huddled under them from being soaked through.

Still, at a main square in the small city some 180 kilometers northwest of Moscow, nearly 200 people weathered the summer shower to protest against their government’s plan to raise the pension age.

“I don’t think I’ll make it to the new retirement age,” said Vasily, a 50-year-old engineer, who declined to give his last name. “I want to travel and see some of the world before I die. Now I’m scared I’ll die working.”

Set at 60 for men and 55 for women under Josef Stalin, economists have long been urging for the age to be raised. But officials have also known that doing so could set off a firestorm. Indeed, the last time major changes were made, in 2005 — when a host of benefits were converted to cash payments — protests erupted en masse. Back then, President Vladimir Putin promised the age would not be raised so long as he was president.

So on the eve of the World Cup, on June 14, Prime Minister Dmitry Medvedev announced a rise in the ages, from 60 to 65 for men by 2028 and 55 to 63 for women by 2034. The authorities hoped, it seemed, that the festive football atmosphere would dampen the impact of the bad news.

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