How does a pension depend on salary?

Pension rights of citizens

The insurance (labor) pension ceases to be just a social subsidy “for old age”. The state's systematic policy related to pension provision allows every person to earn money for a dignified old age. After all, a modern pension consists of 3 components.

A fixed payment is a certain amount paid by the state to each pensioner, regardless of his pension savings. The size of the fixed payment is set by the state and is annually indexed at least by the inflation rate for the previous year.
Individual pension coefficient – pension point. The number of points is determined by the amount of contributions to the pension fund by the employer for the employee. The cost of a point is determined by the state and is subject to mandatory indexation at least according to the inflation rate for the year preceding indexation.
The funded part of the pension, the volume of which depends on the amount accumulated during the citizen’s working life and the income from the investment of this amount. The funded part can be paid to the pensioner in a lump sum, urgently or for the rest of his life.

All these components are part of pension law. Each citizen will receive a “unique” pension, since 2/3 of its size is formed by payments to the Pension Fund and (or) NPF. Insurance contributions for a labor pension depend only on salary, or more precisely on its official part. And the higher the salary, the more pension points you can accumulate in the Pension Fund and the greater the amount accumulated in the funded part of the pension.

Pension calculator

When the Pension Fund's current formulas are used, the pension calculator displays the amount of pension you would receive in 2021. On the one hand, you will know the minimum old-age pension in 2021, on the other, you will know the maximum old-age pension in 2021 in rubles, which is available to you.

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The 2021 pension calculator will also allow you to determine the optimal amount of work experience that will be needed so that your funded pension is as large as possible and the overall pension amount is optimal. Using the Ministry of Labor's pension calculator , you will learn how to get the maximum old-age pension in 2021 in rubles.

What is more important – experience or salary?

Ideally, a citizen should receive a high salary throughout his entire working life. But this does not happen to everyone, and many are interested in whether it is possible to earn a decent pension by receiving the “minimum wage”. If you do not consider the funded part of the pension and pay attention only to the insurance part, then you can trace a rather interesting trend here.

Let's consider abstract citizen "A", who served in the army and worked in Moscow for a very modest 20,000 rubles. per month. Let's assume that his work experience is 40 years. Therefore, he will receive 12,773 rubles. This amount is formed:

RUB 5,334 – fixed payment;
RUR 7,439 – individual pension coefficient.

IPK (pension points), in turn, are formed, among other things, by military service in the Armed Forces of the Russian Federation, for which an additional 1.8 points are awarded. In monetary terms, this is only 157 rubles. The remaining 7,282 rubles. formed exclusively by insurance contributions to the Pension Fund.

Another abstract citizen “B” worked for only 20 years, did not serve in the army, but received a salary of 50,000 rubles. His pension from contributions will be 14,437 rubles, that is, by 1,664 rubles. more.

But why? After all, the length of service of citizen “B” is half as long as that of “A”, so it seems that he will receive less... But the answer “lies on the surface”: contributions to the Pension Fund for citizen “B” turned out to be higher simply because his salary was higher . His pension also consists of 2 amounts, but if “A” earned only 85.28, then “B” received 104.35.

This means that 1 year of work excluding military service of citizen “A” earned 2,087 points. But “B” received 5.2175 points for his year, that is, 2.5 times more. But is it possible to earn a million-dollar pension?

Early registration of an old-age pension - grounds

When a person of pre-retirement age unexpectedly loses his job and cannot find a new job, then under certain conditions he has the right to receive early retirement benefits.

To do this you need to meet certain conditions:

You must register as an unemployed citizen with the state employment service.
You must confirm your work history, which allows you to receive full pension benefits due to old age. According to the legislation of the Russian Federation, this length of service is at least 20 years for women and at least 25 years for men.
An unemployed person must reach a certain age: a woman must be at least 53 years old, and a man must be at least 58 years old.
The social employment service must confirm that this person cannot find employment and find a new job.
There is a requirement regarding dismissal. A citizen should be dismissed from his last place of employment only if the organization is liquidated or due to a reduction in the number of employees.
The last condition is that the person must give written consent to receive early retirement benefits.

When at least one of the listed conditions is not met, early registration of pension provision is impossible.

What will be the pension for a citizen who has never worked a day in his life? Let's find out!

How many points can you earn?

Since the amount of pension benefits depends entirely on salary, people have a reasonable question: what salary should be for calculating a pension in order to receive as much as possible?

The law provides for a restriction on the accrual of pension points. Starting from 2015, the maximum salary taken into account when calculating points has been systematically increased. In 2019, it is expected that the maximum base for contributions to the Pension Fund will be set at 1,150,00 rubles. For equal (or higher) contributions, 9.13 points will be awarded (since funded pensions are frozen). Well, starting from 2021, a citizen will be able to claim 10 points per year, regardless of the size of their salary and the amount of deductions.

Therefore, if we consider the option of receiving the maximum salary throughout the entire working life, and the length of service began on January 1, 2015, then over 40 years of work the citizen will earn 390.88 points. In monetary terms at 2021 prices, a citizen’s pension will be 34,100.37 rubles. for points and 5,334.19 fixed payment. Total – 39,434.56 rubles.

What will be the pension now with a salary of 25,000 rubles and an average length of service of 35 years?

Today, social pension payments are calculated according to the formula: multiply pension points by the cost of one point and add a fixed payment - this will be the insurance part of the pension.

The total amount is 66,000 rubles. is divided into 2 pension categories: insurance and funded. The insurance amount is 48,000 rubles, the savings amount is 18,000 rubles. Parts of the pension must be converted into points, for which the number of contributions sent to the pension from the maximum salary per year is determined.

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Requirements for experience and IPK

Salary for calculating a pension is not just important, but “vital” if a citizen is going to retire upon reaching retirement age - 65 or 60 years (men/women). It's all about the requirements set by the state not only for length of service, but also for the amount of accumulated points.

From 2025, the IPC amount must be at least 30 points with 15 years of experience. But such a high point score cannot be achieved if you work these 15 years for the “minimum wage”. To earn the minimum old-age insurance pension when working for the minimum wage, a citizen will need 26 years.

A Muscovite, 36-year-old Alexander F, contacted a lawyer. The man asked for the lawyer’s help in calculating his pension rights, provided that Alexander received a “gray” salary. The employer makes all deductions based on the minimum wage, and the citizen’s account has accumulated only 11 points over 14.5 years of work. The lawyer explained that if Alexander does not take action to increase the volume of deductions, his account will accumulate only 45.13 points by the end of his working career at 65 years old, and the size of the pension in 2021 prices will be 9,271.33 rubles, that is, slightly higher living wage for a pensioner.

Due to frequent updates to legislation and the legal uniqueness of each situation, we recommend obtaining a free telephone consultation with a lawyer. You can ask your question by calling the hotline number 8 (800) 555-40-36 or write it in the form below.

We accrued a pension of 13 thousand with a salary of 90

My dad was in shock, the salary was white and about 90 thousand. That’s when he told me that he regretted it, if he had those 13% in his hands, he would have bought another apartment. And he angrily patted me on the shoulder with my eternal salary at the subsistence level :)) I never regretted it, it’s even nice that the state doesn’t care about me. It would be a shame to pay and allow us to pay for treatment. That is, donate your money.

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How do you think pensions are paid all over the world? Only in private companies, where the company takes care of its employees, pensions are close to the last salary, and if neither the company nor the employee invested in a private pension, the minimum wage is slightly higher than unemployment benefits. In England, this is about 500 pounds a month, which is enough for a couple for a 3-room apartment and 80-100 remains for food. Smart people think about how they will live in retirement, regardless of the State

How many pension points is your salary worth?

Information on potential pension points based on salary level will not be entirely complete if one circumstance is not taken into account. Now we have at least two “average” salaries. One is forecast, which is not officially announced, but is included in the pension formula through the contribution base established annually by the state. The second is the actual calculation, which is announced ex post facto by Rosstat at the end of the calendar year. For 2015, the forecast average salary included in the pension formula was set at 34,852.94 rubles, and the actual one, according to Rosstat, was 34,030 rubles. The difference is not big, but instead of the 5.882 points included in the pension formula with the forecast average salary, the employee for whom contributions were paid based on the actual average will receive only 5.743 points, because the coefficient to the contribution base calculated from the average salary after the fact increased from 1.7 to 1.741. Thus, overestimating the forecast average salary is beneficial to the state, because for the same amount of contributions received by the state, the total amount of accrued pension points will be less. The forecast average salary for 2021 was set at 36,851.85 rubles, and the actual average salary for 2021 was announced by Rosstat at 36,709 rubles.

In Russia, of course, everything should not be like this. With us, points are not earned - they are given. It's different for every year. For the average salary (when converted into points according to the new pension formula) they gave: - for 1980, men - 2.334 points, and women - 2.197 points; - for 1990, men - 2.005 points, and women - 2.506 points; - for 2000, men - 1.808 points, and women - 2.26 points; Obviously, in 1980, men were respected more, and in 1990 and 2000, women were held in high esteem, but both turned out to be much less valuable than the workers of 2021. Since 2002, gender inequality in the distribution of pension points has been ended; points have begun to be distributed regardless of gender, but just as before, they are distributed differently for each year.

10 Jun 2021 lawurist7 561

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