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Social pensions indexed in Russia

Social pensions indexed in Russia
Photo: pixabay.ru
In April, social pensions will be indexed in Russia. The increase will be 6,1%. This was stated by the head of the Ministry of Labor of the Russian Federation Anton Kotyakov.

As follows from the press service of the department, the changes will affect about three million Russians who receive this type of pension. Indexation is carried out taking into account the growth rate of the living wage of pensioners for the past year.

The increase in social pensions will be followed by an increase in pension payments to participants of the Second World War, citizens bearing the sign “Resident of the besieged Leningrad”, victims of radiation and technological disasters. Indexing expenses will amount to 2,41 billion rubles a month and 21,7 billion rubles by the end of this year.
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