Pension increase from January 1 of the year. Individual pension capital (IPC)

Increase in pensions of non-working pensioners in 2018, Minister of Labor and Social Protection Maxim Topilin called it quite serious. But experts believe that the effect of the last months of the year can easily “eat up” the increase, and in fact we will see indexation comparable to the inflation rate.

Indexation above inflation

It is incorrect to call the indexation of pensions in Russia low, since it is indexed significantly higher than inflation, head of the Ministry of Labor Maxim Topilin said during a meeting on social policy in the Federation Council. He called the increase in pensions of non-working pensioners in 2018 quite serious, adding that nowhere in the world, unless it is Africa or some kind of crisis, are pensions indexed by 7%. Note that from January 1, 2018, pensions for non-working pensioners in the Russian Federation will be indexed by 3.7%.

“Mr. Topilin’s statement that Russian pensions will be indexed above inflation requires clarification. Only social pensions will be indexed higher than inflation. They will grow by 4.1%, which is higher than the level expected for annual inflation in 2017. As for the values ​​for non-working pensioners, disputes are already beginning here between official forecasters and expert feelings.

For example, the Ministry of Economic Development predicts annual inflation at the level of 3.3 - 3.4%, taking into account the fact that in September they expect to see its value of about 3.1 - 3.2% in annual terms. But the last months of the year are traditionally filled with inflation risks, so we will definitely see an acceleration. Mr. Topilin’s statement has a right to exist given the current expectations of the Ministry of Economic Development, but the expectations of the Central Bank itself are more cautious here,” comments FBA "Economy Today" Head of Finance and Economics at the Institute of Contemporary Development Nikita Maslennikov.

Indexation 2019

The regulator highly estimates the likelihood of seeing inflation below 4%, but most likely it will be at the level of 3.6-3.7%, and maybe even 3.8%, the expert suggests. In this case, indexation for non-working pensioners fits exactly into the inflation rate of 2017. As Maslennikov explains, such risks are associated with the traditional budget issue for the last month of the year.

“Reasonably good rates of wage growth can cause a certain revival of consumer demand, which can create a pre-inflationary effect. It is also impossible to exclude the influence of individual risks of the global economy, although they will probably still carry over into next year.

Next year the situation with inflation will be much more complicated. The Central Bank does not rule out the possibility that exceeding the target in annual terms could happen sometime in the first half of the year. And although the Central Bank never said that it would keep inflation at 4% forever, nevertheless, the inflation that we gain in 2018 will become the basis for indexation in 2019,” the economist sums up.

In 2019-2020 there will be significant changes in relation to pension legislation. The government has prepared a number of amendments that will be aimed mainly at optimizing pension contributions for people with disabilities of various categories.

Will there be an increase in pensions for disabled people on January 1, 2020?

According to statistics, today only 20 percent of people with disabilities can support themselves by earning money on their own. The rest depend on social income. In this regard, the issue of pensions in 2020 remains one of the most pressing.

From January, insurance pensions for non-working pensioners will increase by the inflation rate for 2019 – approximately 3.7%. As a result, the average annual old-age insurance pension, taking into account the fixed payment in 2020, will be 13,857 rubles. Along with the insurance pension, the size of the fixed payment to it will also increase to 5,123.35 rubles, as well as the cost of the pension point - up to 81.49 rubles (in 2019 - 78.58 rubles). State pension pensions, including social ones, will be increased from April 1 for both working and non-working pensioners by 4.1%. As a result, the average annual social pension will be 9,103 rubles. The average social pension for disabled children and people with disabilities from childhood of group I will be 12,577 rubles. From January 1, the size of the monthly cash payment (MCB) received by federal beneficiaries will be indexed by 4.1%. Pensioners who worked in 2019 will have their insurance pensions increase in March 2020. The maximum increase is the monetary equivalent of three pension points

How have pensions changed over the last 5 years?

Pensions for disabled people are calculated based on the established disability group, thus it is possible to increase pensions for those categories of citizens whose disability group is higher than the required degree of disability.

There are 2 types of disability pension payments:

• social disability pension;
• disability labor pension.

The fixed basic size of the disability pension in the Russian Federation was introduced in 2012, and it corresponds to the size of the basic parts of the labor pension. Depending on the income of the Pension Fund and on the growth of the average salary in the country, the government of the Russian Federation adopts resolutions on indexing the fixed amount of the pension.

Since 2016, the average pension for Russian pensioners is:

• for old age - 13045 rubles;
• for loss of a breadwinner - 8992 rubles;
• for disability - 8553 rubles.

The increase in disability pensions was carried out on April 1, 2016, they were increased by 4%, and social payments (DEMO, NSU, EDV) also increased by 7%. The increase in disability pension was:

• for disabled people of group I - 380 rubles;
• for disabled people of group II - 190 rubles;
• for disabled people of group III - 160 rubles;
• for disabled children - 450 rubles.

A social pension for disabled people is assigned if the citizen belongs to one of the following categories: disabled children, disabled children, elderly people (women 60 years old and men 65 years old), disabled people (I, II and III) groups who have not yet been insured in the unified pension insurance system and have not developed the required work experience, which gives the right to receive a labor pension for disability or old age.

Citizens from among the indigenous peoples of the North who have reached the required age (50 years for women, 55 years for men) also have the right to receive a social pension. Children who have lost one of their parents or orphans who were not insured in the pension insurance system and have not yet acquired the right to receive a labor pension (due to this circumstance) in the event of the loss of a breadwinner can still apply for a social pension. If a citizen was recognized as disabled before January 2011, then the amount of the pension is established without additional examination and he will be given the choice of the most profitable option for calculating the amount of the pension.

A labor pension for disabled people can be assigned only if there is at least 1 day of insurance experience. When a disabled person does not have such experience, a social pension is paid. For disabled people of group III, the pension is calculated taking into account the entire length of service that was completed before 2002. If disability was assigned earlier than this period, then the maximum length of service coefficient is set to 0.3.

A citizen can apply for recalculation of his pension if his disability group has changed:

• a higher disability group was established, the new pension amount is paid from the date of the relevant decision by the authorized body of the state medical and social examination service;
• a lower disability group was established, the pension is paid from the 1st day of the month following the month for which the previous disability group was established.

Based on the personal pension file of each disabled person, the amount of the disability pension is recalculated. To do this, it is necessary to provide additional necessary documents based on the results of the length of service to the territorial bodies of the Pension Fund of the Russian Federation at the place of residence.

What was the last increase in pensions for disabled people?

In 2019, there was a slight increase in pensions for disabled people. Disabled people of the first group and people with disabilities from childhood of the second group received 412 rubles more. Disabled people of group 2 for 206 rubles. The pension of disabled people of group 3 increased by 175 rubles. Group 1 disabled people since childhood and disabled children will receive 495 rubles more. We should also not forget that disabled people are also entitled to a Monthly Cash Payment or EDV; the amount of EDV depends on the disability group, as well as on whether the social package is monetized or in kind, that is, in the form of benefits (free medicines, sanatorium treatment, travel to the place of treatment). This payment is also indexed annually.

How much will pensions for disabled people be indexed in 2020?

Today, the economy of our country is going through difficult times due to the global crisis, which negatively affects the Russian budget. Sanctions and lower prices on the oil market have a negative impact on the economy and its stability. To overcome the consequences of the crisis, the authorities were forced to take a number of unpopular measures, reducing the amount of payments to specialists in the public sector, and abandoning indexation, which served as the main measure that made it possible to annually increase the size of pension payments. This became the cause of dissatisfaction among many pensioners.

However, already in 2020, disabled people receiving pensions will be able to count on an increase in the amount of payments due to indexation. The amount of indexation will correspond to the inflation rate budgeted for next year at 5 percent. Indexation will increase the amount of pension received by an average of 200-300 rubles.

Already from January 1, the labor pension for non-working pensioners (for old age, disability and loss of a breadwinner) will increase by 3.7 percent. This indexation will be carried out one month earlier than usual, since the Government has decided to index these types of pension payments above the inflation rate, which in 2017 was at a record low level (less than 3%).

Attention

The moratorium on indexation of pensions in 2018 will be maintained - that is, employed citizens who are already retired will be able to count only for recalculation from August 1 based on accrued pension points for the previous year. They will be able to receive all the indexation missed during the moratorium.

Photo pixabay.com

In addition to the indexation of pension payments, in 2018 there will also be changes in the basics of pension provision for Russian citizens, which will affect the conditions for retirement upon reaching retirement age and the formation of pension rights of working citizens. Another question that concerns pensioners in connection with the onset of the new year is whether there will be such a payment (alas, but no - this time there will be no such payment).

Indexation of pensions in 2018

According to the provisions of Law No. 400-FZ of December 28, 2013, insurance (labor) pensions of citizens must be indexed annually from February 1 to the inflation level of the previous year, and if the Pension Fund has additional financial resources, indexation is carried out again on April 1. But the new year is traditional The procedure for indexing labor pensions will change: their increase will occur 1 month earlier - already.

Social pensions and other social payments made by the Pension Fund, will be promoted as usual to the actual level of price growth for 2017:

At the same time, an increase in insurance pensions. Let us recall that the indexation of pensions for working citizens was suspended in 2016 due to the difficult economic situation in the country. This freeze helped save the state 12 billion rubles. However, all missed indexations must be compensated to the citizen already.

Pension increase from January 1, 2018 (latest news)

In accordance with the law adopted by the State Duma on December 15, 2017 (introduced by the Government as bill No. 274624-7) on changing the procedure for indexing insurance pensions in 2018 all types of pensions (old age, disability, survivors) should increase from January 1, 2018 by 3.7%. The previous procedure for increasing labor pensions is suspended until the beginning of 2019, and this increase does not apply to working pensioners (see the text of the law below).

It should be borne in mind that any insurance pension consists of two parts:

• fixed payment(or FV) is a constant value guaranteed by the state (for all categories of recipients it is set in a fixed amount);
• directly insurance part- this is an individual calculated value, which depends on the number of pension points earned during work.

January indexation will affect both parts of the pension as follows:

1. The fixed payment will be increased by 3.7% and will remain unchanged 4982 rubles 90 kopecks, its increase or decrease is legally established for certain categories of citizens by Law No. 400-FZ of December 28, 2013;
2. The insurance part of the pension directly depends on the points earned by the pensioner, the cost of which will increase from January 1 by 3.7% and amount to 81 ruble 49 kopecks.

Attention

In 2017, actual inflation in the country was recorded at no more than 3%. Consequently, the increase in pensions proposed by the Government by 1.037 times in 2018 formally covers the increase in consumer prices (although, of course, in its absolute value this increase will be very small - the increase will be even less than in previous years).

Increase in social payments to pensioners in 2018 from February 1

From February 1, 2018, there will also be an increase (indexation) of all social payments of the Pension Fund provided for various categories of citizens (disabled people, veterans, heroes of Russia, etc.). They are provided in the form of monthly cash payments (MCB), an integral part of which is also a set of social services (NSS).

In general, NSU consists of three parts (medicines, travel and sanatorium treatment) and is provided at the choice of the pensioner in one of two ways:

• in kind (that is, directly by social services);
• in monetary terms when refusing natural food.

The cost of a set of such services (each part separately) is determined by law and increases in direct proportion to the growth of the monthly payment (EDV) - i.e. by the same percentage. In 2018, this increase is planned at a level of less than 3%, so beneficiaries will hardly feel such an increase. The preliminary values ​​of EDV and NSU in 2018 can be found in the table.

Attention

Thus, from February 1, 2018, it is planned to index social payments (including a set of social services) to the actual inflation level of last year. In the draft Government resolution, this value was fixed at 3.2%, but actual inflation will be less than 3%, so the increase will be even smaller (the same applies to child benefits in 2018).

Indexation of social pension in 2018 from April 1 by 4.1%

A social pension is a special type of pension, which is characterized by the pensioner’s lack of work experience for some reason. Such a pension is assigned in a fixed amount approved by law. And, as a rule, the size of social pensions is significantly lower than the calculated labor (insurance) pensions.

It should be noted that in the last two years there has been a decrease in the established growth rates of social pensions. So in April 2017, this type of pension was indexed by only 1.5%. In 2018, it is planned to reach the usual (pre-crisis) increase in the level of this type of pension provision - the projected growth of social pensions in April 2018 will be approximately 4.1%.

Thus, one of the positive changes in 2018 is a more noticeable increase in the cost of living (LS) in the country, including separately by region. At the same time, the established PM allows all non-working pensioners to receive additional payments (the so-called social supplements up to the subsistence level- federal and regional), if the size of their pensions is lower than the approved values.

Attention

According to the law, the level of a citizen’s pension should always be not lower than the subsistence level in the region, in which he lives (hence the seemingly strange statements of the Government that “There are no low-income pensioners in Russia”— they all receive pensions in combination with other social benefits in an amount not less than the monthly minimum wage.

Since 2010, pension applications have already included a section on receiving social benefits. If your pension was assigned before 2010, and you did not submit a separate application for an additional payment, and the amount of the pension is below the established subsistence level in the region, then you must independently contact the territorial bodies of the Pension Fund.

Pension increase in 2018 in Russia for working pensioners

The laws adopted in the State Duma do not provide for any changes for the working population receiving pensions for 2018. This means that working pensioners will continue to receive pension amounts without annual indexation.

This moratorium on pension indexation operates as follows:

• Those citizens who retired before February 1, 2016 and retained their jobs will remain without an increase in their pensions from February 2016.
• For citizens who became pensioners after February 1, 2016, when calculating the individual pension coefficient (IPC), all increases that took place on the date the right to a pension became available are taken into account.
• If you continue to work and simultaneously receive a pension, all subsequent indexations from the date of employment will again not be applied.

Attention

Working pensioners have the right to increase their pension only through annual recalculation according to the employer. From August 1 of each year, the pensions of such citizens increase by the number of points taken into account in the previous year for the period of labor activity and payment of insurance contributions during this period. But no more than 3 points per year!

An example of how working pensioners will recalculate pension indexation in the Pension Fund

A woman born on May 1, 1962, retired in 2017 within the period established by law and continues to work. What indexations will be taken into account when determining the size of the pension? And from what time will the pension stop being indexed?

The calculation of the pension for this woman will be made on the date May 1, 2017. When calculating the IPC, all approved pension growth indices will be taken into account, starting from 2015 to 05/01/2017.

• The cost of one pension coefficient will be taken as of 05/01/2017 - this is 78.58 rubles.
• The fixed payment included in the insurance pension will be taken into account taking into account indexation as of May 1, 2017 and is equal to 4805.11 rubles.

Further, subject to continued performance of paid work, all subsequent indexations of singing after appointment will be suspended. Those. the indexation carried out will no longer be applied to this woman’s pension. And this will continue until she quits her job or is fired by her employer.

Indexation of pension after dismissal of a working pensioner in 2018

In 2017, a law was adopted according to which the period for recalculating pensions after dismissal was changed. In 2018, working pensioners will be able to receive a pension with all missing indexes from the next month after dismissal. At the same time, the pensioner himself will not need to additionally apply to the Pension Fund, since this recalculation is entirely based on the monthly reporting of employers!

Previously, after leaving work, the pensioner received a recalculation of the pension received, taking into account all indexations in three months:

• the first month is the submission of reports to employers to the Pension Fund about citizens working in the organization;
• the second month - data on the fact of work was loaded into a single software package operating nationwide;
• the third is the adoption by the territorial body of the Pension Fund of the Russian Federation of a decision on recalculation.

Attention

For citizens who stopped working in 2018, the period for calculating pensions is reduced, taking into account indexations missed during work. This will be possible after entry into force from January 1, 2018 Federal Law No. 134-FZ of July 1, 2017.

However, the process of additional accrual of missed increases will be the same for technical reasons will also take several months. But after this, when paying an already recalculated pension after 3 months, an additional payment will be made for the entire period following dismissal.

This innovation applies only to those who have been laid off. after January 1, 2018. If a pensioner quit, for example, in December 2017, then the indexation of his pension will be carried out only from April 1, 2018 - without additional payment for the period from January to March (in other words, these months will be lost).

Latest news and latest changes in pensions

As has already become clear, the increase in pensions in the new year for most categories of pensioners (barely noticeable) or, as for the large category of working pensioners - . But in the new year demands will increase to already formed pension rights and the level of wages of Russian citizens for retirement:

No other significant changes are expected in the Russian pension system in 2018. In particular, the amount expected by many in the amount of 5,000 rubles will not be paid in 2018- this was a one-time, one-time additional payment that was due to all pensioners in January 2017 in return for the additional indexation required by law that was missed in 2016 (and there is simply no reason to pay it in 2018).

Attention

And one of the few truly good news for Russians is that no decision has yet been made on what is relevant for those who are still working or planning to retire (including men born in 1958 and women born in 1963).

Will there be a one-time payment of 5,000 rubles to pensioners in 2018?

At the beginning of 2017, recipients of all types of pensions, regardless of the fact of work, received an additional payment in the amount of 5,000 rubles. This measure was necessary in the current economically unstable situation.

Against the backdrop of a high level of inflation and the impossibility of carrying out additional indexation of pensions, in 2016 a decision was made to make a one-time payment to citizens’ pensions (Law No. 385-FZ of November 22, 2016). Thus, the pensions of Russians were “conditionally re-indexed”, many of whom perceived this simply as a New Year’s gift.

Currently, according to the Government, the economic situation in the country is normalizing. Over the past 12 months, the increase in consumer prices (inflation) does not exceed 3%, and pensions in 2017 rose in total according to two indexations by 5.78%.

Will there be an increase in the retirement age in 2018 (latest news)

In the last few years, the most discussed and acute issue for Russians is question of increasing the retirement age. In many other countries, including post-Soviet ones, corresponding decisions have already been made and are being implemented.

• For example, from January 2017 in Belarus the retirement age will be increased annually by six months until women reach 58 years and men 63 years. In Kazakhstan, the same values ​​apply - for women at 58 years old, for men at 63 years old.
• In many developed countries, such as Germany, men become pensioners at 65 years old, and women at 60 years old.
• In Ukraine, the Verkhovna Rada adopted a law on pension reform, which also included an increase in the current retirement age.

Attention

Now this issue has come to a head in Russia. According to the Government, it is primarily due to the fact that the working age in the country is increasing - i.e. About a third of Russians already stop working later than retirement.

However, due to the great unpopularity of this measure, the Russian Government has not yet made a final decision on extending the retirement age (although many consider this issue resolved and note that it will most likely begin to be implemented after the next presidential elections, which will be held in March 2018 — but for now these are just rumors).

How many points and work experience do you need to retire in 2018?

Since 2015, a point system for calculating labor (insurance) pensions for citizens has been in effect, in which insurance premiums paid to the Pension Fund by the employer for its employees are transferred from rubles to relative values ​​(points). The amount of contributions taken into account for the year is correlated with the maximum accountable amount of contributions approved by the Government, which corresponds to 10 pension points(this is the maximum you can get in one year).

But to obtain the right to an old-age pension within the generally established time frame, it is necessary to comply three mandatory conditions:

• reaching the legal age;
• availability of insurance (work) experience;
• the presence of an established value of the individual pension coefficient (IPC) or, in other words, the size of pension points.

It should be noted that this only applies to old age pensions! Other types of pensions for compulsory pension insurance (disability, survivors) are appointed independently on the length of work (insurance) experience and the number of points received.

Attention

Since 2018, a mandatory condition for granting a pension upon reaching retirement age (currently 55 years for women and 60 years for men) is the availability of 9 years of experience and 13.8 points individual pension coefficient (IPC).

An example of calculating pension points from 2015 to 2018

For a man born in 1965, he has an official salary before income tax (NDFL) of 30,000 rubles (accordingly, annual earnings are 360,000 rubles). Let’s assume that this citizen’s salary has never increased since 2015. At the same time, deductions are not made for him to the funded part of the pension, since he was born before 1967. Thus, the employer pays insurance premiums for this man to an individual personal account in the amount of 16% of earnings before personal income tax - that is, 16% × 360,000 = 57,600 rubles per year. Let's calculate how many points this man has earned since 2015, when the new pension formula came into effect.

Every year the Government approves for these purposes the so-called salary cap, the amount of mandatory contributions from which to the Pension Fund of the Russian Federation to a citizen’s individual personal account is 16%. Thus, the maximum established salary in the country from 2015 to 2018 is the following values ​​(see table below).

In 2018, the insurance base for contributions to the Pension Fund will be 1,021,000 rubles according to Government Decree No. 1378 dated November 15, 2017. Then the maximum amount of insurance premiums taken into account for the year, accepted for 10 points, will be 163,360 rubles (an increase of almost 17% compared to 2017).

Attention

Therefore, every ruble earned in 2018 will “depreciate” when transferred to pension points relative to 2017 by immediately 1 - (1 / 1.17) = 15%, and relative to the level of 2015 - by more than 30! Therefore, it is not enough to have only a constant high salary to form decent pension rights. So that their volume does not decrease from year to year, according to the new pension formula salary must grow by at least 10% per year(see table above).

Let's return to our example. To convert monthly earnings of 30,000 rubles into points, you need to correlate the salary data (taking 16% of annual earnings, which in the example under consideration will be 57,600 rubles per year) to the established limit values ​​and multiply by 10:

• 57600 / 113760 × 10 = 5.06 points earned by a citizen in 2015;
• 57600 / 127360 × 10 = 4.52 points in 2016;
• 57600 / 140160 × 10 = 4.11 points in 2017;
• 57600 / 163360 × 10 = 3.53 points will be earned in 2018.

The increase in pensions in Russia in 2018 will occur in three stages, separately for each category of pensioners.

The issue of raising pensions next year worries many, and with good reason. In 2017, unlike the previous year, indexation was carried out in full, but pensioners said that they hoped to receive more.

Based on the increased attention to this issue, Sputnik Georgia asked when indexation will be carried out in the new year, 2018, and how much pensions will increase.

Pension indexation

The indexation of state pensions, including social ones, will be carried out taking into account the growth index of the pensioner’s cost of living for 2017, in accordance with current legislation.

In Russia, pension indexation in the new year is planned at 3.7%, which will exceed the inflation rate, which is expected to be 3% or lower in 2017.

The Russian authorities consider the indexation of pensions to the level of inflation or higher than it as a return of the country to a normal state.

The indexation itself will be carried out in January, and not in February, as previously planned, in order to ensure a more significant increase in real pensions next year.

Money for indexation has already been allocated - the State Duma in November adopted the law "On the budget of the Pension Fund of the Russian Federation for 2018 and for the planning period of 2019 and 2020", according to which pension payments next year will increase by 279 billion rubles, and social payments - by 11.8 billion rubles.

In Russia, the main type of pension in 2018 will remain the insurance pension. Today, more than 40 million people receive it. Around 3.7 million people receive state pension benefits. Among them are civil servants, military personnel, and astronauts.

How much will pensions increase?

The increase in insurance pensions, taking into account the temporary change in the order of their indexation, is provided for by the budget of the Pension Fund of Russia (PFR).

Pensions of non-working pensioners, including fixed payments, will be increased by 3.7% from January 1.

According to the Pension Fund of the Russian Federation, the average annual old-age insurance pension will increase to 14,075 rubles (161.3% of the pension subsistence minimum).

In 2017, it is 13,657 rubles, so the average increase will be about 400 rubles. By the way, in 2019 and 2020, the old-age pension is planned to be increased by 4% per year.

For working and non-working pensioners, state pension pensions, including social ones, will increase from April 1, 2018 by 4.1%.

As a result, the average social pension will increase to 9,045 rubles (103.7% of the cost of living of pensioners), and for disabled children and people with disabilities from childhood of the first group will be 13,699 rubles.

More than four million people receive a social pension in Russia, including disabled people, war veterans, children left without a breadwinner in the family and other beneficiaries, as well as those who have not earned the required length of service.

The social pension is planned to be increased by 3.9% in 2019, and by 3.5% in 2020.

Indexation will not affect

From August 1, 2018, working pensioners will receive an increase only due to an increase in their length of service. Indexation of pensions in this category was canceled several years ago, and no changes are expected in the next couple of years.

The increase in pensions, in contrast to the traditional indexation of insurance, is individual in nature - it depends on the level of wages of the pensioner who worked in 2017, recalculated into pension points, the number of which is no more than three.

One point in 2017 is valued at 78.58 rubles, and in 2018 it will be 81.49 rubles. Over the course of 12 months, the increase can be up to a maximum of three pension points - approximately 245 rubles.

By the way, pensioners, if they wish, can “refuse” to receive a pension for the duration of their work in order to later receive an increased coefficient.

How was it indexed before?

In February 2016, Russian pensioners' pensions were increased by only 4%. The elderly did not receive the second indexation promised by the government in the second half of the year. In return, they were given a one-time payment of 5 thousand rubles, but already in January 2017.

The authorities promised to index pensions in full in 2017 - according to the inflation rate in 2016, and they kept their promise in full. The insurance pension was raised by 5.4% in February 2017, and by another 0.38% in April. Inflation in Russia in 2016, according to official data from Rosstat, amounted to 5.6%.

The authorities promise that in 2018 there will be no pensioners in Russia whose monthly income will be lower than the subsistence level of pensioners in their region of residence.

The material was prepared based on open sources

Pension provision is the most pressing problem in the Russian Federation, because today the level of this payment can hardly satisfy at least the basic needs of its recipients, and the majority of Russian pensioners belong to the category of socially vulnerable citizens.

Of course, there is a small percentage of those for whom the increased level of pension payments gives the opportunity to live like a human being. But for the majority of Russians who have retired, the day they receive their pension is accompanied by careful budget planning, and there is no talk of getting healthy in boarding houses or purchasing new clothes. The main question is how to distribute the monthly amount between utilities, food and the purchase of the most necessary medicines.

Of course, on the eve of the elections, the government is doing everything to enlist the support of the electorate - information is constantly heard from the stands, television screens and printed pages that pensioners will receive an increase in cash payments. However, in parallel with the increase, reforms are planned that will affect still working Russians. For them, these innovations mean new principles for the formation of funds from which payments will be made, and a potential increase in the retirement age. Let's find out what's new for current and future retirees in 2019.

Current pensions for Russians are barely enough for food, medicine and housing and communal services!

Principles of reforming the pension system

The country's authorities have announced that further pension innovations will be introduced in 2018, and all categories of pensioners should prepare for them. The basic principles of the updated pension system in the Russian Federation look like this:

• Development and implementation of a new deduction program. It is expected that citizens will make additional transfers of funds to special funds on a voluntary basis, so that in the future they do not rely only on the state, but create a financial cushion for themselves today. Today, Russian employers are required to transfer 22% of the amount given to the employee in the form of salary to the Pension Fund accounts. Of these, 6% goes to the savings portion (remember that these funds have been in a “frozen” state since 2014). You can spend these savings only after retirement. Today the authorities propose to revise this norm by introducing the concept of “individual pension capital”. Russians will be able to make additional transfers, forming a normal pension for themselves. However, for this to happen, at least two conditions must be met: citizens must believe in the reliability of the funds and have money that can be transferred to them. So far, people working for the minimum wage do not have this opportunity;
• The ability to manage part of the funded pension. The question of when the funded parts of pensions will be “unfrozen” remains one of the most pressing. The government says it will be reviewed again in 2018. The proposed scheme will allow Russians to use their money if they need to pay for treatment. The Ministry of Economic Development proposed to unfreeze 1-6% in accounts and then transfer them to private pension funds chosen by Russians;
• Changes in state pension payments. The government, represented by Elvira Nabiullina, who chairs the Central Bank of the Russian Federation, announced that government payments will be maintained, and they are going to be raised enough to provide pensioners with a normal life. However, it is very likely that this part of the pension will be the same for all social pensioners;
• Increasing the retirement age. There are discussions in the government regarding increasing the age at which people can switch to pensions. The prospect of gradually raising this bar by 6-12 months over the coming years is being considered. Now they are talking about retiring at 63. Naturally, this information caused grumbling among the inhabitants of the country, so that on the eve of the elections they practically do not mention him. However, there is information that the bar will soon be raised for. By the way, there are other proposals - for example, some people in the Ministry of Finance believe that men and women should continue to work until they are 65. Calculations by government experts show that increasing the retirement age will make it possible to increase pensions by 30% by 2024. At the same time, the insurance payment will reach 185% of the living wage fixed for pensioners, and by 2035 it will become equal to 233% of the specified value;
• Increasing the share of employers in pension financing. This norm began to be implemented in 2017. Over a three-year period (from 2017 to 2019), the burden on employers will increase by 1.5%. The reason for this step is said to be a gradual decrease in the share of state funds in the formation of the Pension Fund - it will be kept at around 1/3 of the full amount of social pensions;
• Tightening measures against shadow entrepreneurship. The Ministry of Finance stated that today part of the “gray” salaries can be estimated at about a quarter of the country’s entire salary fund, which is about 5 trillion in national currency. Bringing shadow wages into the light will replenish the budget by up to 70 billion rubles every year. However, specific steps have not yet been announced, except that there will be some benefits for law-abiding employers.

What will pension payments be in 2019?

Not long ago, the president signed a regulatory document regulating the functioning of the Pension Fund for 2018-2020. The main postulates of this legislative act are as follows:

• the expenditure side of the fund in 2018 will increase by 279 billion rubles, reaching 7.15 trillion in national currency;
• an increase in the amount of insurance pension payments is provided for pensioners who have stopped working. Since January 1, 2018, they have grown by 3.7%, i.e. up to 4982 rubles 90 kopecks per month;
• each pension point is now equal to 81 rubles 49 kopecks (last year its value was 78 rubles 58 kopecks);
• from 04/01/2018 they plan to revise pension payments by 4.1%, both for working pensioners and those who left work. The average amount of a social pension will be 9,045 rubles, which is 3.7% higher than the minimum cost of living established for pensioners;
• additional funds were allocated for payments to pensioners whose monthly income is less than the established minimum for this category of Russians. If the regional budget cannot provide additional payment, then the funds will be accrued in the form of a federal payment. The budget includes 94.5 billion rubles for this;
• Russians who care for disabled citizens will be paid a monthly compensation of 1,200 rubles, and for parents of disabled children a payment of 5,500 rubles will be provided;
• a part of the Fund has been formed, which will receive money from maternity capital. Let us remind you that this amount will not change and will still be equal to 453,026 rubles, and it will still be possible to form a pension for the mother from it;
• Today, 40 million people are recipients of insurance pensions in the country, and 3.7 million Russians are recipients of state security pensions.

As for the prospects for 2019-2020, so far the government is talking about another increase in pensions by 4.4%. However, this figure is still subject to discussion - the Ministry of Finance and the Central Bank have already proposed a fixed annual increase in pensions by 4% per year. According to government calculations, by 2019 Russian pensioners will receive an average of 14,439 rubles per month, and in 2020 – 14,900 rubles. It was also decided to revise the social pension, increasing it to 9,476 rubles in 2019.

However, as you know, the average indicators of Russian statistics rarely reflect reality. It is important for pensioners to understand the linking of payments to the territorial indicator, because it is this indicator that ultimately determines the minimum pension. In 2018, the situation can be described by the following figures:

• capital pensioners will be paid at least 11,908 rubles;
• St. Petersburg - 8796 rubles;
• Saratov - 7931 rubles;
• Samara - 8418 rubles;
• Volgograd - 8791 rubles;
• Kursk - 9170 rubles;
• Kamchatka pensioners benefited from the local coefficient, so they will receive a minimum of 16,896 rubles;
• Novosibirsk pensioners are less fortunate - their minimum wage is 8,788 rubles;
• Ekaterinburg residents are entitled to approximately the same amount - 8,796 rubles;
• pensioners from Nizhny Novgorod - 8324 rubles;
• citizens of Kazan – 8479 rubles;
• Chelyabinsk pensioners – 8779 rubles;
• Omsk citizens - 8464 rubles.

The question of indexing payments to pensioners who continue to work, and there are about 9.5 million people in the country (according to official data), remains open. If these pension payments are not subject to indexation measures, then the authorities will be able to save 0.7% and 0.6% of Pension Fund expenses in 2018 and 2019, respectively.