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Retirement in Russia

You might have thought that you would be safe from discussion about Russia during a retirement segment.  You were wrong.  A newly proposed policy announced as many were watching the Russian national team defeat Saudi Arabia five to nil during the opening game of the World Cup would raise the Russian state pension age from sixty to sixty-five for men by twenty-twenty eight and from fifty five to sixty-three for women by twenty-thirty four.  Raising the retirement age to the mid-sixties hardly sounds like anything to be especially upset about, but many Russians are infuriated.  

Anirban tells us more. 

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.