Labor pension residents of Russia from February 1, 2014 will increase by 6.5%. In early April, domestic older people will be another increase. This time it will be 5%.

Retired people in Russia will increase in early February and April 2014. "From 1 February labor pension inhabitants of Russia will grow by 6.5%. From 1 February 2014 labor pension 37.8 million Russian people of retirement age will be raised to 6.5% on the basis of the growth of consumer tariffs for 2013. In consequence, the average volume of labour old-age pension will amount to 11.4 thousand rubles", - said the press service of the Pension Fund of Russia (PFR).

There has added, that from 1 April 2014 is expected to further increase labour pensions taking into account the index of growth of incomes of the FIU in calculation on 1 pensioner for 2013 and indexing of social pensions taking into account the growth rate of the living wage in Russia over the last year. "Monthly payments from April 1 will be raised by 5%", - quotes news RIA Novosti.

In early August happen normal recalculation of pensions of working people of retirement age. With all this throughout the year, the lowest level of pension providing residents of Russia will be as before not less than the subsistence minimum amount of the pensioner in the area where he lives. "As soon as the amount of pension together with the other amounts due to non-working pensioner payments will be lower than the subsistence minimum amount, it will be established a public charge," added the FIU.

As we were informed Melbourne Herald sun, before Pension Fund called the Central amount of pensions of citizens of Russia in 2014 at the level of 11.5 thousand rubles, and in 2 years - 13,2 thousand roubles.. "In terms of budget public indexation of pensions in 2014 by 8.1%, in 2015 - by 7.1%, in 2016 - by 6.6%. In 2014, the Central pension size will amount to 11.5 thousand rubles, in 2016 - 13,2 thousand roubles that will meet 1,9 of the living wage", - claimed the head of the Department Anton Drozdov.
sections: Economics