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Minimum subsistence level is the assessment of minimal set of food basket and non-food goods and services that are necessary for individual’s vital activity and health as well as compulsory payments and fees. Minimum subsistence level is set differently for children (0–15), the individuals of the active age (16–54/59 for women/men correspondingly) and the retirement-age persons (55/60 and over for women/men correspondingly) and varies across Russian regions.
Retirement-age individuals are persons at the age of 55/60 and over for women/men correspondingly.
Active age individuals are persons aged 16–54/59 for women/men correspondingly.
Disposable monetary income is the sum of monetary incomes from various sources except compulsory payments and fees.
Real pension benefits are the nominal pension benefits (in current prices) adjusted for consumer price index.
The absolute poverty conceptis based on the comparison of one’s...
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References
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Sinyavskaya, O., Ermolina, A. (2017). Retirement Income, Russia. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_329-1
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DOI: https://doi.org/10.1007/978-3-319-31816-5_329-1
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