Size of insured pension in old age in Russia after indexation

In Russia, the size of the inland pension in old age after indexing will be 18,984 rubles. This was announced by the head of the Ministry of Mint Anton Kotyakov, his words brings “Interfax.”

He clarified that the increase will affect 30.8 million Russians, and in general, an additional 170 billion rubles will be required to index. According to the plans of indexation, “the size of the insurance pension in 2023 – 20,047 rubles, in 2024 – 21 150 rubles,” the minister added.

Earlier, Russian President Vladimir Putin proposed to index pensions above the inflation level – by 8.6 percent. According to him, the decisions taken earlier are not sufficient and does not allow to cover the costs of pensioners caused by price increases.

In December, Putin also promised that in 2022 decisions on pensions of the power unit will be taken to align the income of law enforcement officers and power structures as a whole.

/Media reports.