A table has been published with the timing of pension indexation in 2021: who will receive an increase and how much

Indexation from January 1, 2021

The first indexation of insurance pensions will take place on January 1, 2019. The indexation coefficient is the same for all – 7.5 percent. Through this indexation, the authorities want to achieve an increase in pensions by 1,000 rubles per month.

You can independently multiply the size of your pension by 1.0705 and determine what payment you will receive from January 1, 2019.

Also see “ An increase of 1000 rubles in 2021: who is entitled to it .”

However, there is an important point - the January indexation will not affect working pensioners. Some will continue to receive pensions at the same rate.

Retirement in 2021

Pension legislation (Article 8 of Law No. 400-FZ of December 28, 2013) establishes 3 mandatory conditions, the fulfillment of which allows you to apply for an old-age insurance pension:

1. Reaching retirement age.
2. Availability of the minimum required insurance experience (official work experience during which insurance contributions were paid to the Pension Fund of the Russian Federation).
3. Availability of a certain number of pension points generated from insurance contributions (IPC).

Requirements for length of service and the number of IPCs have been gradually increasing since 2015, and the retirement age will begin to increase from January 1, 2020. As a result, the minimum requirements, the fulfillment of which will allow a citizen to retire in 2021, are presented in the table:

Note: the table shows the minimum conditions for applying for an old-age pension in 2021, taking into account Vladimir Putin’s amendments to soften the pension reform.

Only the simultaneous fulfillment of all three conditions will allow you to retire in 2021. If any of them are not met (there is not enough length of service, pension points or the established age has not been reached), then you must keep in mind that in 2021 these values ​​will be even higher.

Increasing the retirement age in Russia from 2021

The most discussed change in the conditions for retirement in 2020 is the increase in the generally established retirement age, the achievement of which allows a Russian to receive an old-age insurance pension. Until 2021, it was 55/60 years (women/men, respectively). In total, as a result of the reform, it is planned to increase the retirement age for women and men by 5 years - i.e. up to 60 and 65 years, respectively.

However, in 2021, the final value of the retirement age will not be established, since the law provides for a transition period during which intermediate provisions will apply. Therefore, in 2021, payments can be made upon reaching:

• 55.5 years for the female population;
• 60.5 years for the male population.

In other words, those citizens who, according to the old law, were supposed to retire in 2021, having reached the age of 55/60, will receive payments only six months after reaching this age.

It should be noted that initially the increase in the retirement age in 2021 in accordance with the Government schedule was planned for 1 year (to 56 years and 61 years, respectively), however, on instructions from the President for those pre-retirees who, according to the old law, were supposed to retire in 2021 and In 2021, an additional benefit will be provided - the opportunity to apply for a pension six months earlier than the new retirement age.

Who will retire in 2021 in Russia?

Taking into account the schedule for increasing the retirement age under the new law:

• in the first half of 2021, on a general basis, no one will be able to apply for an old-age insurance pension (until a woman or man turns 55.5 and 60.5 years old, respectively);
• in the second half of 2021 will be able to retire upon reaching a new retirement age: men born in the first half of 1959,
• women born in the first half of 1964

Those citizens who:

• reached retirement age even earlier (until 2021), but delayed retirement;
• have the right to early registration for any reason.

Thus, the transitional provisions under the new law provide for such adjustments that there will be virtually no new pensioners in the first half of 2021—citizens will begin reaching the new retirement age only in the second half of 2021.

Preferential pension from 2021

Changes to pension legislation in 2021 will also affect some recipients of early pensions on preferential terms. From January 1, 2021, the rules for retirement will be adjusted for them in the same way as the generally established retirement age. These adjustments will affect:

• Northerners, i.e. working in the Far North or in areas equated to CS areas. For them, the retirement age will be increased from 50/55 for women/men, respectively, to 55/60 years. Taking into account the transitional provisions, northerners who have reached the age of 50.5/55.5 years can retire in 2021.
• Teachers, medical and creative workers who have the right to early retirement upon receipt of the required professional experience. For them, it is proposed to maintain the requirements for special work experience, but payment processing will be delayed for 5 years from the date of acquisition of the required work experience.

Due to transitional provisions in 2021, it is expected that retirement for teachers and health workers will only be delayed by six months - i.e. Having received experience in 2021, it will be possible to apply for a pension only in the second half of 2021 or in the first half of 2021.

Early retirement with long service

Changes to pension legislation also provide for an additional opportunity for early retirement if you have a long work history: 37 years for women and 42 for men. They can issue payments 2 years earlier than the established retirement age, but not earlier than 55 years for women and 60 for men.

Accordingly, in 2021, it will be possible to retire according to the old retirement age standards - at 55 and 60 years old if you have a long work experience - this can be done by citizens who started working early and were officially employed for 37 and 42 years (women and men respectively).

Indexation table for 2021

Below is a table with coefficients and indexation dates for 2019.

Pension increase in 2021 for non-working pensioners

to increase pensions above the inflation rate for the first time in many years from 2019 . This will ensure sustainable growth in the incomes of pensioners, which is established for the period up to 2024 inclusive by the new “May Decree” of Vladimir Putin dated 05/07/2018 No. 204. The guideline in the implementation of the presidential decree in terms of increasing the incomes of Russian pensioners, the Government of Dmitry Medvedev outlined an annual increase in pensions by 1000 rubles _
Unfortunately, the essence of this formulation was not very clear to many ordinary citizens. To better understand the essence of the changes proposed in 2021, you need to answer several questions:

• What is this amount of 1000 rubles and for what period is it indicated - per year or per month?
• Who will get this increase starting in 2021?
• How will it be paid and in what form?
• What does raising the retirement age have to do with it?

Next, we will consider these main issues in more detail.

New amounts of pension payments after indexation in 2021: table

Below we present the new payment amounts after the indicated indexations in 2021. See comparison table.

Social pensions in 2021

First of all, those citizens who were unable to acquire the required number of pension points or length of service that would allow them to apply for an insurance (labor) pension apply for a social pension. This type of benefit is issued 5 years later than the generally established retirement age, so the pension reform will also affect future recipients of the social pension in 2021.

The age for receiving a social pension will increase annually from January 1, 2021 - the change in legislation involves increasing the retirement age for this type of payment by 5 years for women and men. The new law provides for transitional provisions, so the age will increase gradually:

• In 2021, the period for issuing a social old-age pension will be adjusted by 0.5 years - i.e. increased to 60.5/65.5 years (women/men, respectively).
• For other recipients of social pensions, the age at which payments can be made will not be increased in 2021.

Expected changes in the retirement age, the achievement of which will allow you to apply for a social pension in 2021 (depending on the category of recipients), are presented in the table:

Thus, in 2021, citizens who were unable to acquire the required length of service or the number of individual industrial complexes will be able to apply for an old-age social pension if their age is at least 60.5 years for the female population and 65.5 for the male population.

Adjustment of pensions from August 1, 2021 for working pensioners

If the pensioner continues to work, then a recalculation of his insurance pension may be due to an increase in the size of the IPC (that is, pension points). Pension points can be increased due to insurance premiums paid for the employee by the employer.

In this regard, from August 1, 2021, working pensioners for whom policyholders (employers) paid insurance premiums in 2018 will receive an increased pension. However, the increase will only affect recipients of old-age and disability insurance pensions.

The maximum increase, which is made in August, is limited to only 3 points (pension coefficients), converted into cash equivalent. As of August 1, 2019, the cost of 1 coefficient will be 87 rubles 24 kopecks. Therefore, pensioners will not receive an increase of more than 261 rubles 72 kopecks (87.24 rubles x 3) from August 1, 2021.

Moreover, if the employer directs part of the contributions to an insurance pension, and part to a funded pension, then the limit on the IPC is even stricter and is limited to 1.875. For such pensioners, the maximum increase from August 1, 2021 will be 163.57 rubles. (RUR 87.24 x 1.875).

What will happen to pensions in 2021?

In 2021, the first stage of pension reform in the Russian Federation is expected, which, according to the Government’s plan, should create conditions for stabilizing the pension system and adapt it to changing demographic conditions (including in connection with the increase in life expectancy in Russia). As a result of such adjustments, the Cabinet of Ministers plans to balance the Pension Fund budget and create a stable, self-sufficient system, under which it will be possible to increase pensions annually, outstripping the inflation rate.

Therefore, the pension system will undergo a number of significant changes in 2021, which are planned by the Government as part of the planned reform, namely:

• increasing the generally established retirement age for receiving an old-age insurance pension;
• changes in the indexation procedure for insurance pensions, including the annual increase of 1,000 rubles announced by the Government;
• raising the age that gives the right to receive a social old-age pension;
• adjustment of rules for retirement on preferential terms (based on length of service and for workers in the Far North).

It is worth noting that those citizens of the Russian Federation who have already retired will not be affected by the increase in the retirement age. They will directly feel only the change in indexation rules, as a result of which pensions will grow at a faster rate from 2021 - the increase will be on average 1,000 rubles, and in average annual terms, the income of pensioners will increase by 12,000 rubles.

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An increase in pension by 1000 rubles - per year or per month?

The fact that the income of pensioners in 2021 will be increased by 1,000 per month or 12,000 rubles per year was first detailed on June 16, 2021 by Deputy Prime Minister for Social Affairs Tatyana Golikova at a meeting of the Russian Tripartite Commission for the Regulation of Social and Labor Relations, in during which the Government's proposed bill on raising the retirement age was discussed.

Unfortunately, this statement turned out to be not entirely clear to the population of the country, and even confused many. The announced scheme was not obvious, and many clarifying questions arose - in particular, did they really mean a monthly increase in pensions by 1000 rubles? from 2021 , what in a year will allow you to increase its size by 12,000 rubles?

In fact, this statement meant that the average pension in 2021 will increase by 1 thousand (from 14.4 to 15.4 thousand rubles), that is, by 7.05%, and only for non-working pensioners. Accordingly, in annual terms, the income of the average non-working pensioner in 2021 will increase by 12 thousand rubles. But the increase itself will occur, as with regular indexation - only once a year (from January 1). Further, pensions will be paid at an increased rate throughout the year until the next indexation.

The corresponding increase will be made annually. Thus, every year from January 1, the average pension in Russia will increase by 1,000 rubles. more than a year earlier . That is, if during 2021 the average pensioner was paid 14 thousand rubles, then in 2021 he will receive 15 thousand monthly (i.e. 1 thousand more). And thus the Government plans to index the incomes of pensioners until at least 2024 , so in 6 years they will increase by 6 thousand rubles (from 14 to 20 thousand).

Example 1

Pensioner Ivanov from the Samara region does not work after retirement.
During his working life he earned 100 pension points. In 2021, after indexation, the size of his pension will be:

100*81,49 +4982,90=13131,90

Let's calculate how much he will receive in 2021 and beyond.