The government has prepared a law on the indexation of military pensions by 8.6%

The government has prepared a law on the indexation of military pensions by 8.6%

The Russian government has prepared a draft law on the indexation of pensions for military pensioners by 8.6%. This was announced on Thursday, February 10, by Russian Prime Minister Mikhail Mishustin.

“We will start with a question that all military pensioners expect to be resolved. On behalf of the president, a draft law was prepared on indexing his pensions by 8.6%. Such a monthly surcharge will be received by military pensioners and persons equated to them, including those who served in the internal affairs bodies, the National Guard and firefighters, ”Mishustin said during a government meeting.

According to him, it is assumed that the allowance will be accrued from January 1, 2022, just as it was done for other pensioners.

On February 1, a law on the indexation of pensions by 8.6% came into force in Russia. The surcharge will come automatically along with the February payment. Non-working pensioners in Moscow and the Moscow region will start receiving indexed pensions from Thursday, February 3. The average insurance pension increased by about 1.5 thousand rubles compared to the previous year and amounted to 18,984 rubles. The Pension Fund of Russia (PFR) indicated that all payments will be made automatically.

Russian President Vladimir Putin signed the law on the indexation of insurance pensions by 8.6% on January 28. Arguing for the need to index pensions above the level of inflation, the head of state pointed out that the decisions taken earlier would not be able to cover the expenses of pensioners due to rising prices.

On February 3, the FIU said that the right to an insurance pension gives an insurance period. Currently, 13 years of service is required for retirement. In addition, it was noted that “special length of service” is length of service in certain types of work, which gives the right to an early pension.

Source: IZ

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