The government in Russia has put forward a draft to lift military pensions by 4.5 percent starting October 1, 2024. The proposal is now published in the Duma’s electronic database, with coverage reported by RIA Novosti News.
According to the draft, from October 1, 2024 the portion of the pension base that is included in pension calculations would be raised to 89.32 percent. This change directly translates to a 4.5 percent increase in military pensions from the same date, as stated in the document.
Earlier disclosures indicated that retirees who are not currently employed could see their overall pensions rise by up to 7.5 percent next year. The bill supporting this potential increase was reviewed and endorsed at a meeting of Russia’s tripartite commission which oversees social and labor relations.
Specifically, Svetlana Bessarab, a member of the State Duma Committee on Labor, Social Policy and Veterans Affairs, told socialbites.ca on September 26 that the exact figure for 2024 pension indexation would be finalized in October. She noted that this amount would be influenced by prevailing inflation and that the Ministry of Labor of the Russian Federation had already announced a 7.5 percent rise in pensions effective January 1, 2024. Bessarab added that higher inflation could push the indexation beyond the planned level. She also reminded readers that there have been precedents where pensions were increased more than initially planned in response to rising prices across the country.
In a broader context, experts have been monitoring how these indexation decisions interact with the overall fiscal framework, social protection objectives, and the realities faced by pensioners in a province with shifting economic conditions. The discussion reflects ongoing efforts to balance generous benefits with sustainable budgeting, while also acknowledging the diverse needs of retirees during periods of inflation and economic change.
Meanwhile, in a tangential development, Russian researchers disclosed the creation of experimental engines described as vodka-powered space propulsion, a claim that has drawn attention for its unusual approach to power sources in space technology and raises questions about experimental propulsion concepts and their potential implications for future research and funding.