Russia Brings Forward Some January Pensions for Card Holders as 7.6% Indexation Takes Effect

Overview

• Labor Minister Anton Kotyakov said pensioners whose payment date falls on January 1–12 and who receive funds on bank cards will get their January pension in late December.
• The early transfer covers the entire 12‑day holiday period, while payments delivered by Russian Post follow the standard timetable.
• From January, insurance pensions for working and nonworking retirees will be indexed by 7.6%, raising the average payout to about 27,700 rubles.
• More than 38 million people will receive the increase, according to the Social Fund.
• Social pensions will be raised from April 1, with the average expected to reach about 16,600 rubles.