Indexation of pensions in Russia from January 1, 2021: by how much?


Increase in pensions from January 1, 2021

Pension Fund specialists report that on January 1, 2021, pensions of those who stopped working will increase by 7.05%. The calculation was made on the basis of proposals voiced by Russian President Vladimir Putin in a televised address to Russian citizens on August 29, 2018.

“The average monthly increase in the old-age insurance pension for non-working pensioners by 1,000 rubles annually was taken into account, with indexation from January 1 by 7.05% in 2021, by 6.6% and 6.3% in 2021 and 2021, respectively, and ensuring growth to In 2024, pensions for this category of pensioners will be up to 20 thousand rubles,” said representatives of the Russian Pension Fund. It is noted that these figures are already included in the budget. In addition, expenses are allocated for social supplements to pensioners whose pensions are below the subsistence level established in the state.

Pension increase from January 1, 2021

From February 1, there will be an indexation of the amounts of monthly wages, social tax and other payments for federal beneficiaries. The indexation coefficient was determined in accordance with the actual consumer price growth index for the previous year. There is no exact data on the increase yet, but the plans are for an increase of 3.7%.

  • For disabled people of the first group, the daily allowance will increase from 3,897 rubles. up to 4,041 rub.
  • For disabled people of the second group and disabled children, payments will increase from 2,783 rubles to 2,886 rubles.
  • For disabled people of the third group, the daily allowance will increase from 2,228 to 2,310 rubles from February.

In addition to the old-age insurance pension, our country also has the so-called “social pension”. It is received by men and women who have reached 70 and 65 years of age, respectively, as well as disabled people.

It is planned that state pensions, including social ones, will increase by 2.6% from April 1, 2021 - in accordance with the increase in the cost of living of a pensioner for 2020. The exact amount of indexation will become known only at the beginning of the year.

For now, it is planned that the average social pension after indexation will be 10.1 thousand rubles. The average social pension for disabled children will increase to 14.8 thousand rubles, the social pension for disabled children of the first group - to 14.9 thousand rubles.

By the way, it is planned that in 2022 the increase in social pension should be 3.9%, and in 2023 - 3.7%.

Recalculation of pensions for working pensioners is usually carried out from August 1.

Pensioners who worked in 2021 will have their insurance pensions increased in August 2021 (non-declaration recalculation) based on the pension points accrued for 2021.

However, as usual, not all salary will be taken into account.

The maximum increase will be equal to the monetary equivalent of 3 pension points. If we consider that the cost of the pension coefficient in 2021 is equal to 98.86 rubles, then it is easy to calculate that the maximum increase in pensions in August 2021 will be approximately 296 rubles.

There is no need to apply for a promotion anywhere. Recalculation will be done automatically.

  • Indexation of the funded pension will also take place in August. However, the exact size of the increase is difficult to predict. Its value depends on the results of investing citizens’ pension savings at the end of 2020. This year, for example, funded pensions of Russians grew by 9.13%. I would like to believe that in 2021 the result will be no worse. The recalculation will take place without a request from August 1.
  • Participants in the pension savings co-financing program will also receive an increase. The funds generated are paid to them not as a funded pension, but as a fixed-term pension payment. That is, during a period determined by the person himself. Indexing parameters have also not yet been announced. We can only say that in 2020 the growth was 7.99%. In 2021, we hope there will be no less.

Note that the average funded pension today is 956 rubles per month. The average amount of urgent pension payment to participants in the pension co-financing program is 1,705 rubles per month. This money is an addition to the insurance pension that some categories of pensioners receive.

Since October, our country has traditionally been indexing the salaries of law enforcement officers. Accordingly, pensioners of the Ministry of Internal Affairs, the armed forces, and other structures also receive an increase.

The salary, and accordingly the pension, increases by the amount of inflation. Growth is forecast to be 3.7% from October 2021.

The exact size will be known closer to the time of indexing.

Adjustments to the amount of pension supplements for civil aviation flight crew members and coal industry workers occur 4 times a year: in February, May, August and November. The increase is not given to everyone, but only to those who have the required special experience.

Additional payments are established in an individual amount for each recipient, taking into account his average monthly earnings and length of service in the relevant types of work.

There is no need to contact the Pension Fund for money; additional payments are made automatically.

The minimum level of pension provision in Russia must always be no lower than the subsistence level of a pensioner in the region where he lives. If the amount of the pension, together with other payments due to a non-working pensioner, is below this subsistence level, then a social supplement will be established for him.

From January 1, 2021, the insurance pension of non-working pensioners will increase as a result of planned indexation. Such an increase is already enshrined in Law No. 350-FZ of October 3, 2018 and will amount to 6.3% . Since the increase will be made not by a fixed amount, but by a certain percentage, the amount of the increase will be determined individually.

You can independently calculate in advance how much your pension will increase from January 1. To do this, you need to multiply the current payment amount by 1.063 . In this case, you only need to multiply by this index the amount of pension provision (without the monthly allowance, compensation for utilities, social supplement, and so on).

Social pensions (assigned in case of non-receipt of a labor pension) will increase as follows: disabled people of group I, including disabled people since childhood - up to Br289.16, disabled people of group II since childhood - Br249.73, disabled people of group II (except for disabled people since childhood), children in case of loss of a breadwinner for each child - Br223.44, disabled people of group III - Br197.15, persons over the generally established retirement age - Br131.44, disabled children under 18 years of age with varying degrees of loss of health - from Br210.3 to Br289.16. In particular, now a social pension is assigned to mothers who have reached 60 years of age and 65 years of age to fathers who have cared for disabled children for at least 20 years who had III or IV degrees of health loss and were subsequently recognized as group I disabled children since childhood. From February 1, the social pension for such parents will be Br258.92.

The allowance for caring for a group I disabled person or a person who has reached the age of 80 will increase to Br262.87 (in the case of caring for one such person) and to Br315.44 (for two or more).

An increase in the size of the pension will also await other categories of recipients: Heroes of Belarus, the Soviet Union, Socialist Labor, blockade survivors, former prisoners of fascist concentration camps, disabled people from childhood due to injury, concussion or injury associated with combat operations during the Great Patriotic War (or with the consequences of military operations ) and so on.-0-

Indexation of pensions for social pensioners

Citizens receiving social pensions, according to the latest news from the Pension Fund, can count on their increase from April 1, 2019. It is planned that the average amount of such payments next year will be 9,125 rubles (currently the average size of a social pension is 9,052 rubles).

In Russia, a pension reform will start in 2021, according to which the retirement age will gradually increase to 65 years for men and 60 years for women (by 2024). This will significantly improve the material well-being of pensioners: by the time the reform is completed, Russians’ pensions should increase to an average of 20 thousand rubles.

Indexation of pensions: to whom and by how much will payments be increased in 2021

The increase in military pensions in Russia is carried out in October. In 2021 this will happen on October 1st . It is planned that the increase in pensions for all representatives of security forces and similar structures will be 3.7% .

Who else will receive the bonus?

Also in 2021, the Pension Fund will index the cost of a set of social services (NSS), in addition, the increase will affect monthly cash payments (MCB), funeral benefits for a pensioner and other social payments. This increase is scheduled for February 1 , its size is related to the percentage of inflation, which last year was 4.9% .

Non-working Russian pensioners will receive an increase from January 1, 2021. The pension increase is an annual measure: next year the indexation will be 6.3%. At the same time, the inflation rate predicted by the Central Bank is about 4%. Thus, non-working pensioners will receive an average of 17,444 rubles.

- This will be almost one and a half times higher than inflation - according to forecasts, this year it will be 3.7-4 percent. That is, the pension will increase by a thousand rubles on average,” said Elena Bibikova, Deputy Chairman of the Federation Council Committee on Social Policy.

As part of the pension reform, such a measure is planned for 2021. The grace period will continue, when Russians can retire 6 months earlier than the new period. Women born in 1965 will be able to take advantage of this right. and men born in 1960

Russian pensioners will have to switch to electronic work books

In 2021, Russian pensioners will be completely transferred to the ETC (electronic work book). New employees will no longer be given paper copies. For already working pensioners, both electronic and paper work books will be valid. Only new entries will be entered into the ETC, so it is important not to lose paper media. Otherwise, it will be difficult to prove the existence of work experience; you will have to visit former employers and collect certificates.

Pensioners need to submit an application to the Pension Fund in order to enter absolutely all data into the ETC,” said Mikhail Mishustin.

According to recently adopted amendments to the Constitution, pensions must be indexed annually. In fact, this norm has been working for more than one year - it just worked in “manual mode”. However, while mandatory indexation of pensions is not included in federal law, the same indexation procedure applies as before.

Thus, in 2021, along with an increase in the retirement age, pensions and insurance pensions for non-working pensioners were increased - they increased by 7,05

%.
In 2021 there was also an increase – by 6.6
%. Each time, indexation is planned 3 years in advance, which means that the amount of pension indexation in 2021 is already known:

  • in 2021
    , pensions will increase by
    6.3
    %;
  • in 2022
    , pensions will increase by
    5.9
    %;
  • in 2023
    , pensions will increase by
    5.6
    %;
  • in 2024
    , pensions will increase by approximately
    5.5%
    (judging by law 350-FZ).

Indexing on 2025

1st and subsequent years for now - its size will be announced in 2022, but it will clearly be no less than the inflation target (4%).

Increase in pension in 2021

As a guideline, starting from 2021, the Government has determined an increase in the average size of pensions in Russia by 1000 rubles (for comparison: in previous years, inflation did not increase by an average of 500 rubles annually, i.e. twice as slow). Thanks to this, starting from 2019, the income of the average Russian pensioner will increase by 1,000 per month or 12,000 rubles. in year. The Government expects that with the help of such measures, by 2024 the average pension in Russia will increase from 14 to 20 thousand rubles.

However, it must be added that starting from 2021, not everyone will receive an increase of one thousand - only non-working pensioners will receive an increase. Working citizens, due to indexation “frozen” since 2016, will not be able to receive an increased amount of payments as long as they continue to work. However, for them, all missed indexations (including in an increased amount from 2021) will be taken into account only after dismissal.

An increase in pension by 1000 rubles - per year or per month?

The fact that the income of pensioners in 2021 will be increased by 1,000 per month or 12,000 rubles per year was first detailed on June 16, 2021 by Deputy Prime Minister for Social Affairs Tatyana Golikova at a meeting of the Russian Tripartite Commission for the Regulation of Social and Labor Relations, in during which the Government's proposed bill on raising the retirement age was discussed.

Unfortunately, this statement turned out to be not entirely clear to the population of the country, and even confused many. The announced scheme was not obvious, and many clarifying questions arose - in particular, did they really mean a monthly increase in pensions by 1000 rubles? from 2019, what in a year will allow you to increase its size by 12,000 rubles?

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