The government explained the change of the calculation of pensions
The project main activities of the government (UNDP) through 2024 are not affected by changes in the formula for calculating pension insurance system, explained in the Secretariat of Deputy Prime Minister Tatiana Golikova. “The wording in UNDP for a new order of indexation of pensions from 2019 in connection with the adopted amendments to the law”, — noted in the Secretariat (quoted by TASS).
Previously, the newspaper “Vedomosti” reported that the authorities plan to change the formula for calculating pension insurance. The publication drew attention to the paragraph about improving “the basic parameters of the distribution component of the pension system, taking into account demographic and economic conditions.” The interlocutor of the newspaper noted that we are talking about the cancellation of the existing Russian from 2015 point pension formula.
In a press-service of the Ministry of labour RNS also stated that the project “under the improvement of the main parameters of the distribution component of the pension system refers to a new order of indexation of pensions”.
For obtaining a pension insurance it is necessary not only to reach retirement age but also to accumulate working experience and to earn the required number of pension points. These points when a pension is transferred into rubles, their “cost” determines every year the government indexes.
Earlier, Deputy Prime Minister Tatiana Golikova said that the government plans to abandon the points system, but no meetings on the subject have not yet been done.
On September 27, the state Duma adopted the law raising the retirement age in the third reading. For women the age of retirement will be raised to 60 years for men to 65 years.
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