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Accumulative pensions will grow in Russia
The Russian Pension Fund (PFR) announced an increase in funded pensions by 9,13% in 2020. It will be possible to receive a recalculation without a request from August 1.
According to the press service of the PFR, the increase will affect the pensions of 80 thousand people. An increase of 7,99% expects those who are participants in the program of co-financing of pension savings. The funds are not paid to such citizens in the form of a funded pension, but by an urgent pension payment.
1,87 billion rubles will be required for recalculation. The average amount of a funded pension is now 956 rubles per month, the amount of an urgent pension payment is 1 rubles per month. Payments are increased annually if there is a positive investment income for the previous period.