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Retirement Age Increase: Demographic Facts

Victor Yu. Lyashok – Senior Researcher of the Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Growth in the share of the elderly people cannot but lead to a higher burden on the able-bodied population. In the meantime, families’ expenditures per child are increasing. In such a situation, it is inevitable either to increase insurance contributions or the retirement age.

Key words: pension age, pensions, demography, demographic burden of the population.