Tigipko: the next stage of pension reform will start in 2014

8 July 2012 15:47  31016086 016571
Tigipko: the next stage of pension reform will start in 2014

The implementation of money deduction from wages to the pension account will start in 2014. This was announced by Vice Prime Minister - Minister of Social Policy Sergey Tigipko during a working visit to Kharkhiv.

Each person who has not reached 35 years will have a personal account on which a part of wages will be collected. After taking retirement, ‘people will receive a part of money that they paid’ - said Tigipko.

These deductions state, according to Tigipko will invest in shares and bonds for protection against devaluation and stealing at certain points. The first steps in this direction will be carried in 2014.

2013 will become the beginning of the fight against the shady wages, said Tigipko.

Source: http://www.newsmarket.com.ua

Tags: pension reform, Tigipko

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