Pensioners in Russia today not only must adjust to monumental political and social changes after decades of stagnation, but they must make ends meet with miserly pensions accumulated in the Soviet era.
Most monthly pensions (usually about $50-100) are well below the poverty level, and most pensioners survive thanks to the strong fabric of family and community.
Today’s pensioners will not benefit from current pension reforms. Only men born after 1953 and women born after 1958 will be directly affected.
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