Events

Social pensions were increased from 1st April. Besides labor pensions of Russian citizens were additionally adjusted taking into account PFR revenues raise per one pensioner in 2013.

Social pensions of more than 2.9 million pensioners were adjusted by 17,1%. Monthly cash benefits for certain categories of people (veterans, disabled people, citizens exposed to radiation, Heroes of the Soviet Union, Heroes of Socialist Labor etc.) were adjusted by 5% from 1st April. This increase has applied for 16.2 million people.

When adjusting the social pensions, the corresponding state pensions, supplementary monthly financial provision and other benefits, the amounts of which are determined by the sum of social pensions, were increased as well. The average social pension after the increase now amounted to about 7500 rubles.

The average amount of social pensions for children with disabilities amounted to 11 200 rubles. The average amount of pensions for citizens with disabilities due to war injuries and Great Patriotic War veterans, receiving two pensions, now amounted to 27 000 rubles and 28 200 rubles, respectively.

Besides labor pension of almost 37.8 million Russian pensioners were additionally adjusted by 1,7%. We remind that on February 1st, 2014 labor pensions of the Russian pensioners were adjusted by 6.5%.

As a result of indexation, the average amount of old-age labor pension has reached 11 600 rubles from 1st April.

With that, the financial provision of Russian citizens will be no less than the regional minimum of subsistence.

If the total amount of pensioners’ financial provision does not reach minimum of subsistence established in a Russian Federation subject, then social supplementary benefit is set for such pensioners.

In August, 2014 labor pensions of the working pensioners will be adjusted non-declaratively.

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