That's the whole reform for you

Mikhail Zurabov proposes to return to the previous system after 2013, in which pensions are paid at the expense of those currently employed. This is stated in the document of the Ministry of Health and Social Development, which Kommersant quotes today. “Taking into account the problems... it is proposed in the future to separate the institution of pension savings from the institution of compulsory pension insurance.” That is, they want to cancel the funded part of the pension, which they have been proud of for so long. Pensions will continue to be “assigned”, and the funded system will become commercial. And no guarantees.