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The Russian State Duma (lower chamber of the Russian parliament) advises pensioners not to rely on the state and to “become self-sufficient”, while only 17% of Russians believe that pension payments are enough for a decent life.
Source: Foreign Intelligence Service of Ukraine (FISU)
Quote from FISU: “In modern Russia, one’s pension is not a guarantee of a dignified old age, but rather a symbol of poverty and survival. Only 17% of Russians believe that state payments will be enough for a normal life, while the vast majority (76 %) are convinced of the opposite.
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In order not to be left below the poverty line, Russians are forced to think about saving while they are still young.”
Details: Around 30% believe that saving for old age should start before the age of 25. One in four considers 25-35 the optimal period, while another 14% cite 36-45 years.
Meanwhile, two-thirds of respondents (65%) are already planning additional ways to earn money in retirement.
Among them, 40% expect to take up physically manageable jobs, 33% plan to continue working in their professions, and 28% rely solely on personal savings.
Some openly plan to live off produce from their own vegetable gardens (21%) or expect help from their children (15%).
The FISU drew attention to the position of the Russian parliament. In particular, Irina Rodnina, a State Duma MP from United Russia party, advised pensioners to “become self-sufficient”. She said that they should not rely on the state, since a pension is merely “old-age assistance” rather than a full-fledged income.
Read more: Stagflation and an impoverished population: how the Kremlin is paying for the war against Ukraine
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