In 2018, pensioners will receive a full indexation of payments, which became possible after the improvement of macroeconomic indicators. Officials continue to discuss possible increases in pensions for working pensioners. Analysts highlight the imbalance of the current model social security, which will worsen the financial position of the Pension Fund.
The economic crisis has led to a rapid increase in the inflation index. As a result, the government was forced to abandon full indexation of pensions, since the budget lacked resources to adequately finance social expenses. This year, the authorities resumed indexing pensions according to the real inflation rate, which will continue in 2018.
Next year, pensioners can expect their payments to be indexed in full, the government assures. Deputy Prime Minister Olga Golodets emphasizes the importance of full indexing for raising social standards. However, officials have not yet decided on the question of what awaits working pensioners in 2018. Previously, the government refused to regularly increase payments for this category of the population. In 2018, the authorities may resume the annual increase in pensions for working pensioners if the positive dynamics of the domestic economy continues.
The average insurance pension in 2017 exceeded 13.6 thousand rubles, representatives of the Pension Fund of the Russian Federation emphasize. In the future, this indicator will increase according to the inflation rate. Officials expect a slowdown in price growth to 4%, which will reduce budget costs for annual indexation.
Until 2019 level average pension will reach 14.6 thousand rubles. However, increasing pensions increases the costs of the Pension Fund, whose costs significantly exceed revenues. As a result, the authorities will be forced to increase state treasury expenditures, which will restrain economic growth.
Indexation price
The February indexation of pensions cost the domestic budget 230 billion rubles. In addition, the improving economic situation made it possible to make an additional increase in payments in April. Also, officials made a one-time payment of 5 thousand rubles, which increased the expenses of the state treasury by 220 billion rubles.
The PFR budget deficit in 2017 exceeded 220 billion rubles, which is becoming a problem for the state budget. According to expert forecasts, the Pension Fund deficit will worsen in the future. The number of pensioners per worker continues to increase, which will increase the fund's expenses.
Reduction 10% Pension Fund employees will help reduce the fund deficit, but will not lead to a fundamental change in the situation. The authorities continue to discuss what awaits the Pension Fund in 2018. Parameters of the future pension reform, which levels out the existing imbalances in the Pension Fund budget, will be determined in the near future.
Expected reform
Representatives of the Ministry of Finance insist on a review retirement age, which will have a positive impact on the Pension Fund budget deficit. At the same time, officials propose to increase this figure annually by 6 months until it reaches 65 years. A similar reform was already launched in 2017 for civil servants. Adjustment of the retirement age could start as early as 2018, experts say. After the elections are over, the authorities will be able to move on to unpopular reforms.
The Ministry of Finance also allows refusal early exit on retire. In particular, officials intend to cancel benefits for workers who are involved in hazardous and hazardous industries. In addition, for state employees who are eligible to retire ahead of schedule, an increase in the insurance period is provided.
Another controversial issue is tax reform, which will affect insurance premiums. Representatives of the Ministry of Finance are considering options for reducing contributions, which will improve the investment attractiveness of the Russian economy. In addition, the authorities can modernize the funded component, which will encourage citizens to more actively form their own pension savings.
The dynamics of macroeconomic indicators will determine what awaits pensioners in 2018. The authorities intend to increase pensions in full next year. At the same time, the resumption of indexation for pensioners who continue to work remains a controversial issue.
Increasing pensions leads to an increase in the Pension Fund deficit, which this year exceeded 220 billion rubles. Experts and representatives of the economic bloc insist on the need for pension reform, which includes a revision of the maximum retirement age. The reform could start as early as 2018, after the end of the electoral process.
MOSCOW, October 26 – RIA Novosti. Expenses of the Russian Pension Fund for pension provision for Russians in 2018 will increase by 279 billion rubles and amount to 7.15 trillion rubles, the fund’s press service reported, citing the Pension Fund’s draft budget.
"In accordance with the draft budget of the Pension Fund of Russia for 2018 and for the planning period of 2019 and 2020, in 2018, the Pension Fund's expenses for pension provision for Russians will increase by 279 billion rubles and amount to 7.15 trillion rubles. Expenses for social payments will increase by 11.8 billion rubles and amount to 981 billion rubles,” the statement says.
As explained in the fund, the Pension Fund's draft budget provides for an increase in insurance pensions, taking into account a temporary change in the order of indexation of insurance pensions. Indexation of state pensions pension provision, including social pensions, will be carried out in accordance with the current pension legislation taking into account the growth index living wage pensioner for 2017.
Pensions
“The main type of pension in Russia in 2018 will continue to be an insurance pension. The number of its recipients will be more than 40 million people. Almost 3.7 million more people are recipients of state pensions,” the Pension Fund noted.
The fund's press service recalled that insurance pensions for non-working pensioners, including a fixed payment, will be increased by 3.7% from January 1, 2018, which is higher than the forecast inflation rate of 0.5%. Size fixed payment after indexation will be 4,982.9 rubles per month, the cost pension point- 81.49 rubles. In 2017, the pension point was 78.58 rubles. The average annual old-age insurance pension will increase to 14,075 rubles, which will amount to 161.3% of the pensioner’s minimum subsistence level (PLS).
According to the Pension Fund of the Russian Federation, pensions for state pension provision, including social ones, will be increased from April 1, 2018 for working and non-working pensioners by 4.1%. As a result, the average annual social pension will increase to 9,045 rubles - 103.7% of the PMP. The average social pension for disabled children and people with disabilities since childhood of the first group will be 13,699 rubles.
In addition, all non-working pensioners will receive a social supplement to their pension up to the PMP level. At the same time, in the context of a possible decrease in PMP in the region, it is planned to maintain the overall size material support non-working recipients of federal social supplements at a level not lower than December 31, 2017. For these purposes, the PFR budget has allocated 94.5 billion rubles.
Other payments
The PFR budget allocated 341.4 billion rubles for the payment of maternity capital in 2018. The amount of maternity capital will not change next year and will amount to 453,026 rubles.
Russians caring for disabled citizens will continue to receive compensation payments in the amount of 1.2 thousand rubles per month, while the Pension Fund makes monthly payments in the amount of 5.5 thousand rubles to non-working parents of disabled children and people with disabilities since childhood. Expenses for these payments in 2018 are planned at 73.2 billion rubles.
Also in 2018, the Pension Fund of the Russian Federation will continue to provide subsidies to constituent entities of the Russian Federation for the construction, reconstruction and repair of social institutions for older citizens and people with disabilities, the development of their material and technical base, as well as for training pensioners in computer literacy.
The Pension Fund allocates subsidies on the basis of co-financing the costs of implementing social programs by constituent entities of the Russian Federation. For these purposes, the PFR budget for 2018 provides 1 billion rubles.
Income and expenses
As noted in the fund, the PFR budget for 2018 is balanced in terms of income and expenses. The total budget revenues of the Pension Fund of Russia in 2018 are planned at 8.3 trillion rubles, expenses - 8.4 trillion rubles.
In the part not related to the formation of pension savings, the income and expenses of the Pension Fund are planned in the amount of 8.2 trillion rubles. In terms of the formation of pension savings, budget expenditures exceed revenues by 106.6 billion rubles, which is explained by the transfer of pension savings to non-state pension funds.
These funds will be covered by pension savings held by state and private management companies, the size of which is estimated at 1.1 trillion rubles as of January 1, 2018.
On Friday, the Russian government will discuss a bill that will oblige the Pension Fund to inform citizens about the amount of maternity capital in electronic form.
“The bill proposes to supplement the federal law “On additional measures of state support for families with children” with a norm according to which the Pension Fund will be obliged to inform citizens upon their requests about the amount of maternity capital or the amount of its remaining part, including in electronic form in in accordance with the federal law “On the organization of the provision of state and municipal services,” the cabinet reports.
It will be possible to submit an application and receive information in electronic form through the Unified Portal of State and Municipal Services or through the personal account of the insured person on the PFR website.
The bill was approved on October 16 at a meeting of the government commission on legislative activities.
In 2019, the Pension Fund's expenses on pension provision for Russians will increase by 279 billion rubles and amount to 7.15 trillion rubles. And expenses for social payments will increase by 11.8 billion rubles and amount to 981 billion rubles.
The draft budget of the Russian Pension Fund provides for an increase in insurance pensions, taking into account a temporary change in the procedure for their indexation. Indexation of pensions for state pension provision, including social pensions, will be carried out in accordance with the current pension legislation, taking into account the growth index of the pensioner’s cost of living for 2018.
Thus, insurance pensions, including a fixed payment, for non-working pensioners will be increased by 7.05 percent from January 1, 2019, which is higher than the forecast inflation rate by 4 percent. The size of the fixed payment after indexation will be 5,336.9 rubles per month, the cost of the pension point will be 87.24 rubles (in 2018 – 81.49 rubles). In 2019, the average annual old-age insurance pension will increase to 14,075 rubles (161.3 percent of the pensioner’s subsistence level), and by 2020 it will increase to 15.5 thousand, said Anton Drozdov, Chairman of the Board of the Russian Pension Fund.
State pension pensions, including social ones, will be increased by 2.4 percent for working and non-working pensioners from April 1, 2019. As a result, the average annual social pension will increase to 9,195 rubles (103.7 percent of the pensioner’s subsistence level). The average social pension for disabled children and people with disabilities from childhood of the first group will be 12,730 rubles.
As before, in 2019 there will be no pensioners in Russia with a monthly income below the pensioner’s subsistence level (PLS) established in the region of residence. All non-working pensioners will receive a social supplement to their pension up to the PMP level. In the context of a possible reduction in the PMP in the region, it is envisaged that the total amount of material support for non-working recipients of the federal social supplement will be maintained at a level not lower than December 31, 2018. For these purposes, the budget of the Russian Pension Fund has allocated 94.5 billion rubles.
In accordance with the draft budget, 14.7 billion rubles are planned to be used to pay out pension savings in the form of a funded pension, urgent and one-time payments.
From February 1, 2019, the size of the monthly cash payment (MCB) received by federal beneficiaries will be indexed to the forecast inflation rate in 2018 - 2.5 percent. The Pension Fund will allocate 450.6 billion rubles to pay EDV.
Russians caring for disabled citizens will continue to receive compensation payments in the amount of 1.2 thousand rubles per month, while the Pension Fund makes monthly payments in the amount of 5.5 thousand rubles to non-working parents of disabled children and people with disabilities since childhood. Expenses for these payments in 2018 are planned at 73.2 billion rubles.
In 2019, the Pension Fund will continue issuing state certificates for maternity capital, as well as paying out its funds. In this area, the Pension Fund budget provides 341.4 billion rubles. The amount of maternity capital next year will remain unchanged and amount to 453,026 rubles.
The Pension Fund budget for 2019 is balanced in terms of income and expenses; in the part not related to the formation of pension savings, the department’s income and expenses are planned in the amount of 8,236 billion rubles. In the part related to the formation of pension savings, budget expenses exceed income by 106.6 billion rubles, which is explained by the transfer of pension savings to non-state pension funds in accordance with the choice of the insured person. Covering these funds will be ensured by pension savings held by state and private management companies, the size of which is estimated as of January 1, 2018 at 1,111.2 billion rubles.
The total budget revenues of the Pension Fund in 2019 are planned at 8,333.3 billion rubles, which is 8.6 percent of the GDP of the Russian Federation. In terms of expenditures, the budget of the Russian Pension Fund is formed in the amount of 8,439.9 billion rubles, which is 8.7 percent of the GDP of the Russian Federation.
The main type of pension in Russia in 2019 will continue to be an insurance pension. The number of its recipients will be more than 40 million people. Almost 3.7 million more people are recipients of state pensions.
In 2019, the Russian Pension Fund will continue to provide subsidies to subjects for the implementation of social programs in terms of the construction, reconstruction and repair of social institutions for older citizens and people with disabilities, the development of their material and technical base, as well as for training pensioners in computer literacy. Subsidies are allocated on the basis of co-financing the costs of implementing social programs by regions of the Russian Federation. For these purposes, the Pension Fund budget for 2019 provides one billion rubles.
In the coming 2018, the government has outlined large-scale reforms in the pension sector. The main goal of the reorganization of the Pension Fund system is to create conditions for eliminating the deficit and stabilizing the fund's budget.
The reform requires the participation of all working compatriots. For this reason, the planned changes will affect every Russian to one degree or another.
What changes are expected in 2018
According to the Ministry of Finance, the growing deficit in the Pension Fund budget is caused by the inefficiency of the existing pension system. IN last years The fund's expenses consistently exceed its income.
Reform will make it possible to find new resources to solve serious problems in this area. In particular, the possibility of the following transformations is discussed:
Adjustment of retirement age. Russians will be able to count on a well-deserved rest only after reaching the age of 63-65. This forced measure will be implemented gradually and, according to the economic bloc, serves as a guarantee of the balance of the country’s future budget.
Changing the criteria for early retirement. Officials propose to exclude from this category workers involved in hazardous hazardous industries.
Workers in the medical field and public education (doctors, teachers) should also not count on early receipt of a pension certificate. Reformers propose to increase the term preferential length of service their work activity.
The Ministry of Finance is inclined to believe that the sizes pension payments for working pensioners will not be indexed. Since they have alternative sources of income, they do not have to count on increased pension payments.
Replacement of funded pensions with an IPC (individual pension capital) system.
Under this scheme, every Russian has the opportunity to take care of the size of his future pension in advance through additional contributions (from 1 to 6 percent or more).
Volunteers are invited to open an account with a non-state pension fund or any bank and transfer part of their income to it. Upon reaching a certain age, savings can be withdrawn or bequeathed to descendants.
The offer is voluntary and remains at the personal discretion of each Russian. Citizens have the right to accept or refuse participation in the IPC system.
The details of the IPC system must be agreed upon between the Pension Fund of the Russian Federation, the Federal Tax Service and banking structures. They promise to make the scheme for forming their own accumulative capital as attractive as possible for all categories of citizens. Employers are also invited to take part in co-financing pensions and receive certain benefits for this.
Budget of the Russian Pension Fund for 2018
In recent years, there has been a clear trend in the Pension Fund's budget deficit. The growing number of pensioners per working Russian inevitably increases the difference between income and expenses in pension system.
In 2017, the budget deficit has already reached 220 billion rubles. According to experts, an increase in income in 2018 will to some extent reduce this figure to 196 billion rubles. If all the planned reforms are implemented, the Ministry of Finance expects to stabilize the Pension Fund’s budget. Government subsidies will be used to cover the deficit.
Amount of social contributions to the Pension Fund of the Russian Federation
After discussion in the State Duma, the bill on insurance premiums received the right to exist. Tariffs remain the same and remain at the 2017 level.
The employer undertakes to pay 30% to the treasury of extra-budgetary funds, of which:
22% are allocated to the Pension Fund;
2.9% for social insurance needs;
5.1% provide compulsory health insurance.
Payments of up to 10% to the Pension Fund are provided if the tax base of an individual monthly exceeds 624 thousand rubles.
This system of insurance contributions does not contradict the previously adopted Strategy for the long-term development of the pension sector of the Russian Federation.
According to officials, social contribution rates are maintained at acceptable levels and create an optimal insurance burden for employers.
Changes in social pensions. Last news
Pension Fund reforms in 2018 will not be able to change the rate of pension payments in the direction of a dramatic increase. As expected, the Ministry of Finance provides for indexation of pensions by an average of 4-5%. Against the backdrop of a projected decline in inflation and economic growth, it is planned to increase the old-age pension to 14,045 rubles.
The changes expected from the Pension Fund reform are designed to solve many pressing problems in the pension sector. However, this will not affect social benefits in any way. The cost of living in the Russian Federation, according to officials, will be 9,364 rubles.
It is assumed that the size of the social pension will not exceed 9159 rubles. Nevertheless, the Ministry of Finance is optimistic and confident that the level of income of domestic pensioners is not in any danger.
The coming year 2018, “just around the corner,” will show how effective the Russian Pension Fund reform will be and how it will meet the expectations of Russians.
Every year, the Russian Government increases and indexes pensions, and the Russian Pension Fund tries to simplify their assignment and receipt as much as possible. Read everything that awaits Russians regarding pensions in 2018 in this news review.
Pensions and other social benefits will increase
Let’s say right away that a number of events and changes will occur in the pension system in 2018 that will affect all participants in the compulsory pension system. pension insurance– current and future retirees. But first, about raising pensions.
On December 28, 2017, Vladimir Putin signed Law No. 420-FZ, which establishes the indexation of pensions in 2018. And these last pension news for 2018 are not the most joyful. The fact is that in 2018 pensions will be increased only ONCE - from January 1. Their additional increase from April 1 was unexpectedly canceled for many.
Initially, it was planned to increase state pensions, including social ones, by 4.1% from 04/01/2018 (for disabled children, people with disabilities since childhood, group I, etc.).
From 01/01/2018 (and not from February, as before), insurance pensions of non-working pensioners will be indexed by 3.7%. According to the schedule, some pensioners received increased pension already at the end of December 2017.
Thus, the value of the fixed payment after indexation is 4982.9 rubles per month, and the cost of the pension point is 81.49 rubles. As a result, the average annual old-age insurance pension will increase to 14,075 rubles, and for non-working pensioners - to 14,329 rubles.
By general rule The state must index insurance pensions to the inflation that occurred last year. However, in 2018 they will be increased by more than the 2017 inflation rate.
Pensions will be increased the most in 2018 for former prosecutors and investigators: by 30%.
As of 2017, an ordinary retired district prosecutor receives approximately 20,000 - 22,000 rubles. From 2018, his pension will be approximately 26,000 - 29,000 rubles. The amount of additional payment to the pension depends on the rank of the deceased. It will be credited on February 1, 2018.
In addition, from 02/01/2018, the monthly cash payment (MCB), which is due to federal beneficiaries, will be indexed to the 2017 inflation rate.
Pensioners who worked in 2017 will have their insurance pensions increased by default in August 2018 - the Pension Fund will make their traditional non-declaration adjustment.
The Pension Fund assures that in 2018 there will be no pensioners in Russia with a monthly income below the subsistence level of a pensioner in the region of his residence. All non-working pensioners are entitled to an appropriate social supplement to their pension.
Pension assignment in 2018
According to the difficult pension formula, which has been operating in Russia since 2015, to obtain the right to insurance pension for old age in 2018, 2 conditions must be met:
- have at least 9 years of experience;
- 13.8 pension points.
The maximum number of pension points that can be received in 2018 is 8.7.
The so-called expected payment period when calculating a funded pension in 2018 is 246 months. Let us explain: the Pension Fund uses this indicator only to determine the amount of the funded pension, and the payment of the pension itself is for life.
In practice, every Russian can apply for any type of pension without leaving home:
- through your personal account on the Pension Fund website;
- on the government services portal.
On the same electronic resources you can change the pension provider. These are the 2 most popular electronic services among visitors to the Pension Fund website.
To assign a pension and choose how to receive it, all you need to do is register on the unified government services portal. Additional registration on the Pension Fund website is not required.
The main type of pension in Russia in 2018 is insurance. About 40.35 million people receive it in 2018. Another 4 million pay pensions as part of state support.
New pension for “foundlings”
Something completely new in the Russian pension system since 2018 is the emergence of a new type of pension. It is reserved for children whose both parents are unknown.
The reason for the introduction of this social pension is that children whose parents are unknown (“foundlings”) were a priori placed in an unequal financial position compared to orphans. Thus, children without parents were not entitled to a survivor's pension, since in the legal sense they never had parents.
The Pension Fund assumes that this pension will receive approximately 4,000 children.
Indexation of pension immediately after dismissal
Everyone knows that since 2016, working pensioners have received an insurance pension without taking into account indexations. And if the pensioner stops labor activity, he begins to receive a full pension, taking into account all indexations that occurred during the period of his employment.
In 2016 and 2017, the practice was as follows: the Pension Fund began indexing the pension and began paying it in full 3 months from the date of dismissal. From 2018 to this procedure It will also take 3 months, but they will be reimbursed to the pensioner.
The new mechanism for paying a full pension to a pensioner who has left work is described in the example below.
Example
Shirokova left her job in March 2018. In April, the Pension Fund received reports from her employer. According to her, Shirokova is still registered with the company. In May, the fund receives reports for April, in which Shirokova is no longer listed among the staff.
In June, the Pension Fund decides to resume indexation of pensions. In July, Shirokova will receive a pension in full, as well as the monetary difference between the previous and new pension amounts for the previous 3 months - April, May, June.
Thus, Shirokova will begin to receive a full pension after the same 3 months from the date of dismissal, but they will be compensated to her.
Moratorium on pension savings extended to 2018
An important element of the 2018 pension reform is that the suspension of the formation of pension savings was legally extended for 2018. Please note that this is not a “freeze of pensions” or a “seizure of pension savings”, which irresponsible media or scammers may scare Russians with.
The essence of the current moratorium on the formation of pension savings is that the 6% of insurance contributions that could go to funded pension, are addressed to the formation of an insurance pension. As a result, whatever one may say, all insurance contributions made by the employer for his subordinates are fully involved in the formation of the pension.
The moratorium does not in any way affect the right of a citizen to transfer pension savings to management companies or from one pension fund to another. But keep in mind that changing the pension fund more than once every 5 years is unprofitable: this reduces the accumulated investment income.
Pilot project completed
On June 28, 2017, the Pension Fund completed a pilot project to accept electronic applications from certification centers to change insurers. Namely, about the transition (early transition):
- from non-state pension funds to the Pension Fund;
- from the Pension Fund to non-state pension funds;
- from one NPF to another.
This practice will not be continued in 2018, which in no way limits the ability to submit applications in person:
- to the territorial offices of the Pension Fund of Russia;
- through multifunctional centers (MFC/My Documents);
- in electronic form through the government services portal.
- in your personal account on the Pension Fund website.
New functionality of your personal account on the Pension Fund website
In December 2017, application filing services were launched in a citizen’s personal account on the Pension Fund website:
- on termination/resumption of pension payments;
- about refusal to receive/restoration of pension payment;
- about receiving a duplicate of SNILS.
In addition, the service Pension calculator» became available not only on the Pension Fund website, but also on the government services portal.
In 2017, the Pension Fund completed the development of the EGISSO (Unified State Social Security Information System) platform, put it into operation and connected the necessary government bodies to it. The launch of EGISSO into commercial operation is from January 2018. Also in 2018, a service was launched on the government services portal to provide citizens with information from the Unified State Information System.
