The President of the Russian Federation signed the law on the indexation of the insurance pension by 8.6%

AK&M 28 January 2022 14:36

Russian President Vladimir Putin has signed amendments to pension legislation that index the insurance pension by 8.6%. The relevant law is posted on the legal information portal.

The norm is retroactive and will work from January 1, 2022. The average size of the insurance pension in the current year will be 18.984 rubles. The volume of expenditures on pension indexation this year, taking into account the implementation of this law, will amount to 549.7 billion rubles.