Russia: recalculate pensions working retirees

From August 1, working pensioners recalculate an inching pension in old age or disability in progressive order. This concerns Russians who have retired not later than January 1 of this year. This is stated on the website of the Pension Fund Rossi (FFR).

PFR Consider accumulated years of experience and insurance premiums paid from wages. The more salary, the greater will be the increase. The increase is calculated based on the value of the individual pension coefficient. From January 1, 2021, the cost of one pension score is 98.86 rubles. The maximum size of the increase will be 279 rubles per month.

Pensioners working unofficially, this recalculation is not relying. The August adjustment will affect almost ten million Russians. The amount of cash payments recalculate automatically.

In June of this year, the average size of the appointed pensions in Russia amounted to 15,822 rubles. Compared with the previous month, the growth amounted to 5.6 percent, but in real terms in the first half of the year the payment decreased. In January, the real size of the average pension increased by 0.4 percent in annual terms. Then the indicator began to fall.

/Media reports.