Russian Deputy Prime Minister Tatyana Golikova said that the size of the pension index will be determined by the level of wage growth minus inflation during the year. His words are quoted by the agency “Hit the primer”.
“According to the results of the year, the growth rate of the wage fund for 2024 will be determined. This rate will form the basis for indexing [пенсий] “It is the figure obtained by increasing the indexation to be made from April 1, 2025 to February 1, to the actual inflation level in 2024,” Golikova explained.
This calculation mechanism worked in Russia until 2019. According to Golikova, the minimum increase in pensions after indexation should be as follows: to prepare 1.3 thousand rubles.
State Duma this week approved In the first reading of the draft law on indexation of pensions for working retirees. It will affect approximately 8 million people.
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Source: Gazeta
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