Government Tasked With Analysis And Investigation Of Indexing Pensions

Pensioners all over the world fear inflation, as it can erode those precious payments we depend upon in the later years of life. Russia is no different - this is why Prime Minister Dmitry Medvedev has tasked related branches of government to investigate and analyse how to effectively deal with the issue. The Ministry of Labour, Ministry of Finance, Ministry of Economic Development, and the Pension Fund of the Russian Federation have all been tapped to bring a solution to this urgent matter.

A pension that is not accurately indexed to inflation could become largely worthless as time passes.