Retirement Age Men in Russia increased to 60.50 in 2019 from 60 in 2018. In 2018, the Russian Government approved a bill to gradually increase the retirement age for men to 65, starting from the begin of 2019 until 2028.

Retirement Age Men in Russia averaged 60.03 from 2004 until 2019, reaching an all time high of 60.50 in 2019 and a record low of 60 in 2005. This page provides - Russia Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Retirement Age - Men - values, historical data and charts - was last updated on July of 2020. source: Pension Fund of the Russian Federation

Retirement Age Men in Russia is expected to reach 61.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Retirement Age - Men is projected to trend around 61.50 in 2021, according to our econometric models.

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Russia Retirement Age - Men

Actual Previous Highest Lowest Dates Unit Frequency
60.50 60.00 60.50 60.00 2004 - 2019 Yearly

Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.10 5.80 14.10 4.30 percent [+]
Employed Persons 70.20 71.40 74.10 60.40 Million [+]
Unemployed Persons 4.50 4.30 10.40 3.30 Million [+]
Employment Rate 58.10 59.10 66.60 58.10 percent [+]
Labor Force Participation Rate 62.00 61.70 70.30 61.70 percent [+]
Productivity 2.80 2.10 7.50 -4.10 percent [+]
Job Offers 1651014.00 1721885.00 2197833.00 1000000.00 Persons [+]
Wages 49306.00 50926.00 62239.00 0.00 RUB/Month [+]
Wages in Manufacturing 43243.00 44173.00 47231.00 7397.00 RUB/Month [+]
Minimum Wages 12130.00 11280.00 12130.00 132.00 RUB/Month [+]
Wage Growth -2.00 5.90 27.20 -41.40 percent [+]
Population 146.80 146.90 148.69 119.90 Million [+]
Retirement Age Women 55.50 55.00 55.50 55.00 [+]
Retirement Age Men 60.50 60.00 60.50 60.00 [+]


Russia Retirement Age - Men
In 2018, the Russian Government approved a bill to gradually increase the retirement age for men to 65, starting from the begin of 2019 until 2028.