In Russia plan to increase old age pensions

The average size of pension in Russia old-age pensioners in 2021 could reach 17 432 of the ruble, in 2022 — 18 357 virtually any in 2023 — 19 283 virtually any. This is stated in the draft of the basic characteristics of the budget of the Pension Fund of Russia in 2021 and for the planning period in 2022 and 2023 years, updated on the basis of indicators of the medium-term forecast of socio-economic development of the Russian Federation till 2023 in the baseline the MAYOR at the disposal of TASS.

The updated macroeconomic forecast was submitted to the government. According to the forecast insurance old-age pension for pensioners can be indexed by 5,7% — up to 17 432 virtually any in 2021, by 5.3% — up to 18 357 virtually any in 2022 and 5% to 19 283 virtually any in 2023. It is noted that the subsistence minimum of a pensioner in 2021 could be virtually any 498 9, 2022 — 9 840 virtually any, 2023 — 10 193 virtually any.

As stated in the document, the size of the social pension in 2021 will be 10 044 virtually any in 2022 — 10 of 338 virtually any, 2023 — 10 697 virtually any.

According to the labor Ministry, the average size of pension of old-age pensioners increased on average by 1.1 thousand virtually any in 2019 and amounted to 15.5 thousand for virtually any the year. From 1 January 2019 held the indexation of pensions for old age pensioners to 7.05 percent, which exceeded the increase in consumer prices, which amounted to 2018 is 4.3%. In addition, from 1 April 2019 held the indexation of social pensions by 2% given the growth rate of the subsistence level in Russia in 2018. In August 2019 were adjusted insurance pensions of retirees who worked in 2018.