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The authorities approved the index index of pensions from April 1

The authorities approved the index index of pensions from April 1
Photo: pixabay.com

Prime Minister Mikhail Mishustin approved the indexation of social pensions, which will take place on April 1. Its coefficient will be 1,061, pensions will increase by more than 6%.

The government adopted the decree on the approval of indexation on March 13, however, the document was published on the official portal of legal information only today. Pensions will be indexed for almost four million Russians. 21,7 billion rubles will be allocated for these purposes before the end of the year. 

The current increase will exceed previous years: in 2019, indexation was 2%, and in 2018 - 2,9%. Earlier, a member of the Federation Council Committee on Social Policy, Elena Bibikova, said that all social payments and pensions would be indexed, despite the collapse of the ruble.

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