Russia will begin to export pensions

The pension agreement in the EAEU provides that Russia will pay pensions to labor migrants from the countries of the Union, RBC reports.

According to the document prepared for signing, the country in which the migrant worked and made deductions to the pension fund will pay him a pension and upon his return to his homeland.

The draft agreement was posted by the Eurasian Economic Commission back in March, and in mid -May the Ministry of Labor of Russia sent for consideration by the expert council under the government the corresponding package of documents, asking them to coordinate them “as a short time”, follows from the letter of the Ministry of Labor.

“It is planned that the agreement will be signed in the fall and ratified by all states - members of the EAEU until the end of the year,” the Ministry of Labor noted.