The Russian government wants to help elderly citizens by increasing pensions by 9.5% starting February 1, 2025. This is one of the largest increases in recent years. The goal is to fight rising inflation.
Deputy Chaplin confirmed this plan. The pension coefficient will go up from 142.76 to 145.69 rubles. This shows the government cares about pensioners during tough economic times.
The fixed payment for old-age pensions will also rise. It will increase to 8,907.7 rubles from 8,728.73 rubles. Experts say we need to support non-working retirees. The government will spend about 155.46 billion rubles on social supplements in 2025, a 16.08% rise from before.
Chaplin said social pensions will increase by about 1,980.97 rubles by the end of 2025. The average payment will reach 15,456.93 rubles. This change will occur every April 1 and will match the minimum living wage. Increases are expected to be 14.75% in 2025, then 4.5% and 4% in later years.
For the first time, working pensioners will also benefit from this increase. More than 240,000 workers aged 65 and older will see changes that recognize their efforts and give them financial relief.
Regions like Sverdlovsk are joining in. Pensions were indexed there starting January 1, 2025, with initial hikes of 7.3%, later adjusted to 9.5% to keep up with prices.
Olga Galyuk from the Social Fund said these increases will start in February 2025. Working pensioners will automatically receive the boosts, allowing them to gain from these changes even while employed.
Families will notice higher living wages too. Monthly child benefits for households with kids under 17 will be between 10,643 and 21,286 rubles, depending on income. Pregnant women will also get bigger stipends.
This pension plan reaches all regions. The Tambov area will help around 297,900 pensioners soon, showing a national effort to improve retirees’ lives.
To ensure fair pay, the government will now calculate supplements for working pensioners based on their past pension rights, not just on those without jobs.
Looking ahead, pension growth plans will do more than increase payouts. Starting in 2026, annual adjustments will include inflation rates and investment returns to ensure steady growth in the pension system.
The planned dual indexation in February and April 2026 will reflect past inflation and consider income increases, as noted by Svetlana Bessarab from the State Duma labor committee.
These steps show the Russian government is serious about keeping the pension system strong. They aim to provide important support for working pensioners and address inflation issues, helping millions of retirees across the country.
