Non-working retirees will see a 7.5 percent increase in their pension payments in 2024, according to the draft budget for the Social Fund managed by the Ministry of Labor and Social Protection. The government previously submitted this bill to the State Duma. The adjustment aims to ensure timely and complete fulfillment of social obligations and is slated to take effect from January 1 of next year. Source: draft budget for the Social Fund.
Anton Kotyakov, head of the Ministry of Labor, emphasized that the proposal is designed to uphold the government’s commitments to retirees and other beneficiaries. The ministry stated that the average old-age insurance pension for those not employed will rise by 1,628 rubles, bringing the average to 23,405 rubles. This figure reflects the broader effort to modernize pension support in line with inflation and living costs. Source: Ministry of Labor statement.
Officials note that the total pension outlay for the coming year is projected at 10 trillion rubles, underscoring the scale of the reform package and the ongoing prioritization of social transfers in the national budget. Source: Ministry of Labor update.
military retirement
In parallel, the Russian government introduced a separate bill to the State Duma aimed at raising pensions for military personnel. The explanatory note outlines a plan to increase the monetary allowance that determines pension calculations for military retirees. Source: government proposal to Parliament.
Under current rules, a military pension is calculated as a percentage of the salary tied to rank and special rank. At the start of 2024, the rate stood at 78 percent. The Council of Ministers has proposed a higher baseline, with the goal of reaching 85.47 percent on January 1 and 89.32 percent by October 1. If adopted, this would translate into a roughly 4.5 percent uplift in military pensions by October next year. Source: explanatory note.
What other payments will increase in 2024?
Kotyakov also indicated increases in temporary disability and maternity benefits for working Russians. He attributed the changes to the adoption of a single tariff and a unified tax base for insurance premiums, which simplified the calculation framework. Source: ministerial remarks.
Consequently, the maximum monthly temporary disability benefit is set to rise to 122,000 rubles, up from 83,000 rubles this year. Maternity allowances will jump to 565,000 rubles, versus 383,000 rubles currently. Child care benefits for children under eighteen months will increase to 49,000 rubles per month, up from 33.2 thousand. The budget earmarks 1.2 trillion rubles for payments related to sick leave, pregnancy, childbirth, and child care. Source: overall budget allocations.
Next year will also see maternity capital adjusted to the inflation rate starting February 1, while monthly payments to veterans, disabled citizens, radiation victims, and other groups will rise as part of the broader support package. The 2024 plan sets aside 2.2 trillion rubles to assist families with children, covering maternity capital, a single allowance, and payments at birth. Source: government plan.
In a three-year horizon outlined by the government, 4.4 trillion rubles are expected to be allocated for a consolidated family benefit program, ensuring ongoing payments to more than 10 million Russian citizens. By 2026, maternity capital is projected to total 1.6 trillion rubles, with more than 482 billion rubles directed toward improving the living standards of families. Source: government projections.