Pensions will not decrease in Russia - Ministry of Labor of Russian Federation

Elmira Sabirova

UFA, 17 November 2017. /Bashinform News Agency, Elmira Sabirova/. The size of pensions in the Russian Federation will not be decreased under any circumstances, on the contrary, it will only grow in the future, the Federal Ministry of Labor reported.

"There is no shortage of funds in the Pension Fund of Russia. All obligations to citizens are fulfilled and will be fulfilled. At the same time, the amount of pensions will not be decreased under any circumstances. On the contrary, it is ensured the growth of all types of pensions appointed and paid by the Pension Fund", RIA Novosti Agency quotes the representative of the Ministry of Labor.

The growth of pensions is due to two reasons: the annual indexation is not lower than the level of inflation for the previous year (for non-working pensioners) and the annual August adjustment (for working pensioners).

In 2018, old-age insurance pensions will be indexed by 3.7%, which will exceed the expected inflation of 2017 (2.5-2.8%).

#pensions

Join us - get more news faster on our social media:

Rubrics

Phone

Office: +7(347) 250-05-07 Advertising office: +7(347) 250-11-11 Editors office: +7(347) 250-07-28 Cooperation: +7(347) 250-06-14

inf@bashinform.ru

Address

450077, Ufa, Kirov street, 45

© 1992-2026 Bashinform News Agency JSC. Mass Media Registration Certificate No. TU 02-01609 dated September 25, 2017, issued by the Office of the Federal Service for Supervision of Communications, Information Technology and Mass Media for the Republic of Bashkortostan.

All information and content posted on the website www.bashinform.ru are protected by international and Russian copyright and related rights legislation. All reports by the Bashinform News Agency are intended for users over 18 years of age.

When reprinting or quoting, a reference to Bashinform News Agency is mandatory. For online publications and social media, a direct active hyperlink is required. Using the Bashinform News Agency logo for purposes not related to the agency when reprinting or quoting is permitted only with the written permission of JSC Bashinform News Agency.