Russia Plans 6.8% Increase to Social and State Pensions From April 1
The lawmaker described the 6.8% rise as a planned figure pending a formal decision.
Overview
- State Duma deputy Alexey Govyrin told RIA Novosti that social pensions and pensions provided under state support are slated for indexation from April 1.
- Govyrin said the planned hike is 6.8% and used tentative language, indicating the figure requires confirmation through an official act.
- Social pensions cover groups such as people disabled since childhood, children with disabilities, and those without sufficient work record for an insurance pension.
- Government-provided pensions include categories like recipients honored as residents of besieged Leningrad and people affected by radiation disasters.
- Separately, a financial university expert told RIA Novosti that insurance pensions are expected to be indexed by 7.6% from January 1, with automatic recalculation and increased fixed and coefficient values.