Pension Fund: average pension size in Bashkiria is equal to 8560 rubles

The average size of labor pension in Bashkiria made up 8560 rubles in February and the average size of old-age pension – 8900 rubles. The Russian Pension Fund Regional Division RB reports the expenses for payments of pensions and other monthly payments in February amounted to 9,9 billion rubles – 700 million rubles more than the average monthly sum of payments in 2011. Beginning from February 1, 2012, labor pensions of one million pensioners in the Republic were raised by 7%.