The State Duma explained the impossibility of a sharp increase in pensions to Russians

The State Duma explained the impossibility of a sharp increase in pensions to Russians

Deputy Chairman of the United Russia faction in the State Duma, a member of the parliamentary committee on labor, social policy and veterans affairs Andrei Isaev on Monday, December 13, said: a sharp increase in the size of pensions in Russia could cause inflation and the country risks being trapped in the same as in the 1990s.

In his opinion, the growth of pensions should be based on the real financial capabilities of the state.

“Colleagues sometimes offer to distribute a lot of money, but you need to understand: when this huge amount is one-time thrown into the economy, it will lead to an increase in inflation,” Isaev quoted the Radiotochka NSN Telegram channel as saying.

Earlier that day, the Ministry of Labor and Social Protection of Russia reported that, in accordance with the instructions of the President of the Russian Federation, Vladimir Putin, new proposals for the indexation of pensions in 2022 will be prepared. The department added that in 2018 a law was adopted on the annual indexation of pensions above the inflation rate, according to which by 2024 the average size of pensions will exceed 20 thousand rubles.

On November 18, Putin announced that the rate of indexation of pensions in 2022 will again be higher than inflation. He added that proposals on specific parameters for the indexation of pensions are now being worked out in the government.

On September 22, the Minister of Labor and Social Protection of Russia Anton Kotyakov announced that social pensions in 2022 will be indexed by 7.7%. In addition, the minister said that in 2022, more than 900 billion rubles are allocated in the budgets of the Pension Fund and the Social Insurance Fund to support motherhood and childhood.

Source: IZ

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