Russian Finance Minister Anton Siluanov announced that Russians’ pensions will be increased by 7.5 percent in 2024. RIA News.
The Minister explained that the growth of pensions at this level in 2023 is related to inflation, that is, pensions will be indexed to the inflation rate of the current year – 7.5%. According to Siluanov, the total cost of pensions will be approximately 600 billion rubles.
The Ministry of Labor announced that next year more than 16 trillion rubles will be allocated from the consolidated Social Fund for the payment of pensions, social benefits and benefits. Indexation of pensions for non-working retirees is planned to be 7.5%.
Former Minister of Finance of Russia reportedThe budget includes sufficient funds for the state to fulfill all its social obligations.
He also stated that the budget priority is to support participants in the military operation in Ukraine and the country’s defense capability.
Putin before signed the law on the delivery of pensions only by Russian Post.
Source: Gazeta
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