Overview
- The bill passed in its final reading launches a time-limited experiment starting in 2026, with applications accepted by territorial insurer offices through September 30, 2027.
- Monthly premiums are set at 1,344 rubles for an insurance sum of 35,000 rubles or 1,920 rubles for 50,000 rubles, with insurance sums indexed when the minimum wage rises.
- Benefit entitlement begins after six months of payments, with monthly payouts tied to insurance tenure and capped at 35,000 or 50,000 rubles depending on the chosen plan.
- Long uninterrupted participation can earn 10% and 30% premium discounts after 18 and 24 months, while surcharges apply if recent payouts exceed the insured amount; participants may change their chosen insurance sum once every 12 months.
- Officials describe the scheme as self-financed by voluntary premiums and project more than 1 million participants within three years, and paid contributions will count toward employment record formation.