The number of pension coefficients depends on the insurance contributions accrued and paid to the mandatory pension insurance system and the duration of work experience, the expert recalled in an interview with the Prime agency.
The pension amount is determined by the formula: a fixed payment plus the number of pension points multiplied by the value of the individual pension coefficient.
The amount of the fixed payment is set by the State this year: 8,134.88 rubles. For each fully worked year, a maximum of 10 pension points are awarded, and one point this year costs 133.05 rubles.
Thus, Vinogradov explained, if a person retires in 2024 with a minimum number of pension points, his pension will be 11,886.89 rubles. If a citizen has 100 points, the pension amount will be 21,439.88 rubles, and if he has 150 points, 28,092.38 rubles.
In some cases, you can also acquire pension points, added the interlocutor of the publication, recalling that for this it is necessary to conclude an agreement on voluntary pension insurance with the Social Fund and pay contributions on your own.
It was previously reported that starting July 1, the procedure for paying funded pensions will be simplified. The corresponding government decree has been signed. As explained by Svetlana Kasina, General Director of NPF FUTURE JSC, the procedure for determining the method of payment of a funded pension in the compulsory pension insurance system will be simplified. This measure aims to provide a greater number of Russians with the opportunity to receive it. one funded pension at a time, instead of a regular pension.