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. source: Pension Fund of the Russian Federation

Retirement Age Men in Russia is expected to be 60.50 by the end of this quarter, 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 2020, 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 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.

Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.60 4.60 14.10 4.30 percent [+]
Employed Persons 72.70 72.10 74.10 60.40 Million [+]
Unemployed Persons 3.51 3.48 10.40 3.30 Million [+]
Employment Rate 60.00 59.50 66.60 58.80 percent [+]
Labor Force Participation Rate 68.20 68.30 70.30 64.20 percent [+]
Productivity 1.50 -0.30 7.50 -4.10 percent [+]
Job Offers 1651014.00 1721885.00 2197833.00 1000000.00 Persons [+]
Wages 46549.00 45541.00 55569.00 0.00 RUB/Month [+]
Wages in Manufacturing 44173.00 42597.00 47231.00 7397.00 RUB/Month [+]
Wage Growth 3.80 3.10 27.20 -41.40 percent [+]
Minimum Wages 11163.00 9489.00 11163.00 132.00 RUB/Month [+]
Population 146.90 146.80 148.69 119.90 Million [+]
Retirement Age Women 55.50 55.00 55.50 55.00 [+]
Retirement Age Men 60.50 60.00 60.50 60.00 [+]
Wages Low Skilled 19900.00 13100.00 19900.00 11800.00 RUB/Month [+]
Wages High Skilled 48300.00 37600.00 48300.00 33300.00 RUB/Month [+]
Living Wage Family 23700.00 23500.00 23700.00 23000.00 RUB/Month [+]
Living Wage Individual 14500.00 14800.00 14800.00 13900.00 RUB/Month [+]