Under the bill, retirement age in the country is set to increase gradually between 2011 and 2015, from 59 to 60 for women, and from 64 to 65 for men. Also, retirement age for women will increase to 63 by 2030.
Starting 2035, both men and women may retire at the age of 65.
The required minimum contribution interval will increase from 13 years to 15 years in 2011-2015. The complete interval of contribution to the public pension system is 35 years.