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The FIU talked about indexing pensions for retired pensioners

The FIU talked about indexing pensions for retired pensioners
Photo: pixabay.com

The Pension Fund explained how to index the pension of retired pensioners. The recalculation has been in effect since 2016 and suggests the possibility of returning to work without losing the allowance.

The PFR Chairman Anton Drozdov spoke about how indexation occurs in an interview "Russian newspaper". After dismissal, the number of individual pension coefficients accumulated by a person is multiplied by their actual value. In 2020, it will be 93 rubles. Then, the actual amount of a fixed payment is added to the result, which in 2020 will amount to a little more than 5,6 thousand rubles.

The recalculation mechanism implies the possibility of a pensioner to return to work. If he later wants to continue working, then the indexation will not be canceled.

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