By Susana Lima

Vladimir Putin, Russian Prime Minister reported on the increase in occupational pensions in order to lessen the impact of inflation on the economy of retirees.

The prime minister said that as of February 1st, pensions will rise by 7 percent, which ensured there are sufficient funds in the budget. Putin is in full campaign for the elections to be held on March 4th this year, and already has the support of senior citizens and low-income Russians.

In contrast to other European countries hit by the debt, Russia has defended his position not to reduce social spending. Putin has promised the public a general medical examination and a contribution to the air passages of the habitants of distant regions of the nation.

With more than 30 million retirees, life expectancy in Russia is 75 years for women and for men 63 years and the average retirement is close to 6.000 rubles (200 dollars).