Thousands of people across the country have been on the streets against the planned increase in retirement age. The disappearance of the reform proposed by President Putin does not go far enough for them.
The Russian Government's pension plans drive young and old people on the streets: in the capital of Moscow, thousands of people participated in demonstrations against the planned increase.
A rally organized by the Communist Party attracted 6000 people, while another 1,500 participated in a event organized by the party "Just Russia".
Demonstrations were also reported from about a dozen cities across Russia, including Vladivostok in the Far East, Barnaul and Novosibirsk in Siberia and Simferopol in the Crimean Peninsula, annexed to Russia.
Fear of not living until retirement
Demonstrations had been approved by authorities ̵
Pension reform plans were introduced shortly after the start of the World Cup in June and have now been approved by the State Duma at first reading. They explain that women will retire at the age of 63 instead of 55 years and men only 65 years instead of 60 years.
Many Russians reacted with outrages, because the average life expectancy for women is 78 years, that of men 67 – many elderly people do not save to retire. However, young people who participate in the protests save labor market disadvantages, as they compete with the older workers.
Putin's approval values crashed through the reform
Russian President Vladimir Putin had offered a television show that the retirement age for women can only be raised to 60 years, and reforms are described as a necessity for the demographic change in the country.
Nevertheless, pension reform is extremely unpopular. According to surveys, more than 90 percent of Russians go against Putin's popularity by twelve percentage points to 67 percent approval.