How to Calculate Pension in 2021 for a Man Born in 1958

Pension fund employees often make mistakes when calculating pensions. The calculation of pension benefits is carried out using a very complex formula, which can be difficult to understand. But if you wish, you can calculate all the necessary amounts yourself at home, armed with a calculator and a piece of paper with a pen. I will tell you how the old-age pension is calculated for those born before 1967 using an example.

How to correctly calculate your pension in 2021

The adoption of unpopular measures of this kind can provoke a wave of negative reaction in society, which will generally affect the level of trust in the authorities. On the other hand, increasing the retirement age allows you to count on a larger amount of payments at the time of retirement. In addition, the economic crisis did not prevent the government from indexing fixed payments and the value of pension points.

• 1.8 – during compulsory military service;
• 1.8 – while caring for the first child until he reaches one and a half years old;
• 3.6 – during the period of raising a second child upon reaching a similar age;
• 5.6 – when caring for children 3 and 4 upon reaching one and a half years of age.

How is pension calculated for those born in 1967?

It is calculated individually for each citizen and is designed to significantly increase the size of their pension savings. Interest should be added to the amount that came out as a result of the calculation using the algorithms described above.

After receiving points, they are recalculated into real money. For this purpose, the ratio of a person’s real earnings and the actual average salary in the country is used. This ratio is called the salary coefficient. Its maximum value is limited to 1.2.

Labor old-age pension

The following calculator will help you calculate the amount of your old-age labor pension in accordance with the Federal Law “On Labor Pensions in the Russian Federation” dated December 17, 2001 N 173-FZ. To calculate, you must specify: the date of pension assignment, your gender, age, insurance experience, length of service in the USSR, your average earnings in 2000-2001 or for any 5 consecutive years until 2002, as well as the amount of all insurance contributions, taking into account indexation after 2002.

As a result, the pension amount for the current date and details of its calculation will be given. At the moment, the calculator does not take into account bonuses and increases, disability, or the new procedure for calculating pensions, which will come into effect for pensions after 2021.

The value of the IPC during working life

Calculating the length of service for a pension involves determining the amount of points that a citizen has accumulated for his work activity:

Converting work experience into pension points

Part of the pension rights earned before 01/01/2002 is considered as follows:

1. Pension rights are converted (transformed) into pension capital:

• Pcap = (Рtr - 450 rubles) * O, where Pcap is pension capital;
• Rtr – the size of the labor pension;
• 450 rub. – the base of the labor pension established as of 01/01/2002;

1. RTR is calculated according to one of the methods chosen by the citizen:

• 1st option: StK * Zar/Zsr * SZP, where StK is the experience coefficient;
• Zrab is the documented average monthly earnings of a Russian for 2000-2001. or for any 60 consecutive months;
• Zsr – average monthly salary of the Russian Federation in the same period;
• SWP - 1671 rubles, the average monthly salary for calculating state pensions for the period 01.07. - 09.30.2001.

1. RTR, taking into account all the required allowances, cannot be less than 660 rubles. and is subject to valorization, that is, increase. The increase is 10% of the RTR and another 1% for each full year of service until 01/01/1991. The calculation of the old-age insurance portion, taking into account valorization, is determined as follows:

• Pst = Bst + (V/O) * Ki, where Bst is the fixed base of the old-age pension;
• B – amount of valorization;
• О – 228 months, the expected (limit) period for payment of old-age pension accruals;
• Ki – indexation and pension increase coefficient until 01/01/2010.

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Accounting for insurance premiums from 2002 to 2014

This information contains individual accounts of Russians in the Pension Fund. The amount of pension capital for this period can be determined as follows:

• send a request to the Pension Fund or through the State Services portal indicating SNILS;
• in the notification received, familiarize yourself with the annual amounts transferred by the employer; the amount of personal pension rights is not indicated there;
• to index a pension, it is necessary to multiply the annual indexation coefficients during the citizen’s work Index = Product of coefficients by year 1.307 * 1.177 * 1.114 * 1.127 * 1.16 * 1.204 * 1.269 * 1.1427 * 1.088 * 1.1065 * 1.101 * 1.083 = 5, 6148.

Total value of IPC since 2015

From 01/01/2015, the insurance part of the pension is converted into points, where a point means the equivalent of paid contributions from the minimum wage. The sum of annual points forms the IPC. On the Pension Fund website, using a special calculator, points are calculated independently. To do this, you need to know the income earned for a specific year from the official 2-NDFL certificate. You can request such information from the Pension Fund.

Calculation of pensions for those born before 1967

This year, women who have reached 55 years of age (born in 1962) and men of 60 years of age (born in 1957), who have a certain amount of years of insurance and non-insurance periods of work - at least 8 years in total, are eligible for an old-age labor (insurance) pension. length of service In 2020, the Pension Fund will assign an insurance pension to persons who have reached the age when it is time to retire (women born in 1963 and men born in 1958) if they have 9 years of total experience. In 2021, it will take 10 years, and, in the same way, the required length of service will increase annually by 1 year until 2025 and stop: in subsequent years, 15 years of work will be required to assign a pension.

Due to the continuous indexation of pensions since 2002, we multiply the calculated pension capital by the total index for 2021: 104200.19 * 5.6148 = 585063.77 rubles - this is the pension capital that was formed as of January 29, 2021.

When to retire for women born between 1964 and 1968 in Russia

The government did not shock the people, but proposed a gradual transition to raising the retirement age. Perhaps this will soften the upcoming reform a little, since citizens who are literally on the verge of retirement will have to work only an additional one or two years. Well, those who are older simply do not yet fully understand all the “care” of the state.

Women born in 1964 will be least affected. They will have to retire only one year later than before the amendments to the pension law, that is, in 2021 instead of 2021. Women born in 1965 will work two more years. That is, instead of 2021, they will go to 2022. And so one year will be added every year.

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Calculation of retirement from 2021 for men and women - change schedule

A category of persons who are not subject to the new legislation has been identified. These include civil servants. They carry out calculations starting from 2021 according to a special schedule. The period at which they can retire is increased annually by 6 months. There is no provision for increasing the retirement age for citizens:

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In the current economic conditions, the Russian Government has planned a new pension reform, which they expect to implement in 2021. It provides for raising the retirement age of citizens. There are calculation features for different categories of persons.

Which years are more profitable to take for calculating a pension for a man born in 1958?

1. Must be 55 or 60 years old (for women and men, respectively). Until this age, only early pensions can be granted - preferential service on the hot grid, medical, teaching workers, the Federal Penitentiary Service, parents of disabled children, persons who worked in the north, etc. The list is very large and to find out whether you have such experience, you need to consult your local Pension Fund office.
2. A certain size of the individual coefficient.

We will assume that you are not entitled to an early pension for working in hazardous conditions, in the North or for other reasons; you did not make voluntary contributions to the funded part of the pension and did not allocate maternity capital to it. For clarity, we give an example of calculating a pension according to the current rules. The old-age pension for men born in 1953 and younger and for women born in 1957 and younger includes two parts (Part 2, Article 5, Part 1, 23, Article 14 of Law N 173-FZ): P (labor pension) = IC (insurance part) + NC (accumulative part) Each of them is calculated according to its own rules. We calculate the insurance part of the pension. To calculate the insurance part (IP), we use the formula (Parts 1, 2 of Art.

Formula for calculating pension payments

The monthly payment of Russians is divided into 3 types of payments: basic (fixed), insurance and savings. According to Federal Law No. 424-FZ of December 28, 2013, any citizen of the Russian Federation has the right to choose where and how to transfer contributions towards a future pension:

• For the formation of only the insurance part. 22% of the employee’s salary, mandatory for transfer to the Pension Fund, is distributed as follows:
  16% – for the insurance part of the pension;
• 6% – joint tariff for a fixed payment.
• For the formation of both parts – insurance and savings:

1. 6% – joint tariff;
2. 10% – to the Pension Fund for the insurance part of the benefit;
3. 6% - to the account of the management company according to the choice of the future pensioner, for example, a non-state pension fund (hereinafter - NPF) for a funded pension.

Basic part

Fixed payment (hereinafter - FV) - the basic part of the pension - the amount guaranteed to be accrued by the state to a citizen who has retired. As of 02/01/2018, its amount was 4982.9 rubles. The FV is subject to annual recalculation in accordance with the growth of the inflation rate. Its value is multiplied by the indexation coefficient (hereinafter referred to as K):

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Cumulative

This is a cash benefit, partly dependent on salary and consisting of pension savings formed through contributions from the insured person's employer and/or voluntary financial contributions. This type of benefit is not subject to annual indexation. The funded pension (hereinafter referred to as N) is calculated using the formula N = NCHLS / P, where:

• NCHSL - the sum of all savings voluntarily made towards future pension payments to a special part of the personal account of the insured citizen.
• P – the period during which the owner of the deferred funds plans to receive monthly benefits. For 2021 it is equal to 246 months.

Pension calculator

The actual amount of the insurance pension is calculated by the Pension Fund of the Russian Federation when applying for its appointment, taking into account all the generated pension rights and benefits provided for by pension legislation on the date of assignment of the pension. For example, for disabled people of group I, citizens who have reached the age of 80, citizens who worked or lived in the Far North and equivalent areas, citizens who have worked for at least 30 calendar years in agriculture, who do not carry out work and (or) other working activity and living in rural areas, the insurance pension will be assigned in an increased amount due to the increased size of the fixed payment.

These results of calculating the insurance pension are purely conditional and should not be perceived by you as the real amount of your future pension. To make the results easier to understand, all calculations are performed under constant conditions of 2020. For calculation purposes, it is accepted that the entire period of formation of your future pension rights took place in 2021 and you were “assigned” an insurance pension in 2021, taking into account the life plans you personally indicated, and also on the condition that you will “receive” all the years of your working life the salary you specified.

Pension calculator Online

Now you need to find out how many pension points a woman will receive for 2021: (0.22 (22% - the rate of insurance contribution when calculating an insurance pension) × 4 (the serial number of the month of retirement in 2021) × 25000/212360 (the maximum possible annual contribution in 2021))x10=1.04 points.

Victoria Sergeevna is retiring in April of this year at the age of 65. Until 2021, the woman had created pension savings, thanks to which she could receive a pension of 9,000 rubles. She also has two children, and she spent 1 year on leave for each of them. For the last 2 years, Victoria Sergeevna has been caring for her father at the age of 84. At the moment she receives a salary of 25,000 rubles.

Calculation of old-age pension for a woman in 2021

But in our example, the general calculation procedure cannot be applied, since if the insured person does not have a full total work experience, the amount of pension capital as of 01/01/2002 is reduced by the ratio of the actual total work experience to the required total work experience for assessing pension rights as of 01/01/2002:

The amount of insurance contributions paid by the employer at a rate of 16% of the maximum contribution base is: in 2020 - 115,200 rubles (720,000 rubles x 0.16), in 2021 - 127,360 rubles (796,000 rubles x 0. 16), in 2021 - 140,160 rubles (876,000 rubles x 0.16), in 2021 - 163,360 (1,021,000 x 0.16).

Step-by-step calculation algorithm

The procedure for calculating pension benefits for men born in 1957 consists of several successive stages:

Stage 1. Pension capital earned before 2002 is calculated.

1. The length of service coefficient (SC) is determined:

It is important to know that regardless of the result obtained, the maximum value of the experience coefficient is limited to 0.75.

Example:

• A man born in 1957 has 17 years of work experience. The SC will be 0.55.

• A man born in 1957 has 41 years of work experience. SC will be 0.71:

0,55 + 0,01 × (41 – 25) = 0,71.

1. The average monthly earnings coefficient (AMC) is calculated. The average salary for 2001–2002 is taken. or for any 60 months. The result obtained is divided by the average monthly salary in Russia for a similar time period (for 2001–2002 - 1,494.5 rubles).

Important: the limit value, regardless of the result obtained, is limited to 1.2. The exception is persons with “northern experience”. The SPV for them varies from 1.4 to 1.9.

Example:

• The average earnings of a man born in 1957 for 2000–2001 was 930 rubles. KSZ = 0.62:

930 / 1494,5 = 0,62.

1. The estimated pension as of January 2002 is determined:

Example:

• A man born in 1957 has an SC of 0.68 and a KSZ of 0.60. RP will be 232.77 rubles:

SC × KSZ × 1671 = 0.68 × 0.60 × 1671 = 681.77. Since this value is greater than the established minimum value of 660, 450 is subtracted from the result obtained. The RP in this case will be equal to 232.77 rubles.

1. The valorization procedure (one-time increase) is applied to the result obtained. If a citizen did not work before 1991, the RP increases by 10%. For each full year of experience accumulated before 1991, 1% is accrued in addition to 10%.

Example:

• RP = 547 rub. Experience before 1991 – 0 years. The valorization amount will be 54.7 rubles:

547 × 10% = 54,7.

• RP = 547 rub. Experience before 1991 – 15 years. The valorization amount will be 136.75 rubles:

547 × (10% + 1% × 15 years) = 547 × 25% = 136.75.

1. An adjustment factor of 5.6148 is applied to the final amount - the product of annual indexation coefficients from 2002 to 2014.

Example:

• SP – 768.5 rub. Index (2003 – 2014) – 5.6148. The amount of pension capital will be 4,314.97 rubles:

768,5 × 5,6148 = 4 314,97.

Stage 2. Calculation of the amount of the insurance pension for the period from 2002 to 2014. (inclusive):

1. Receive notification of the status of your personal account through the government services website or during a personal visit to the Pension Fund.
2. The amounts indicated in the notice are given without taking into account indexation for the level of inflation, therefore each of them must be multiplied by the corresponding index:

1. The resulting figures are added up and divided by 228 months - the survival age.

Example:

• Pension capital is equal to 1,563,212 rubles. The insurance pension will be equal to 6,856.19 rubles:

SP = pension capital / survival age = 1,563,212 / 228 = 6,856.19

Stage 3. The number of PBs accumulated since 2015 is determined.

Stage 4. Calculation of PB for non-insurance periods - the time when a person did not work due to certain reasons or social status.

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Pension points before 2002

To determine the amount of PB earned before 2002, it is necessary to divide the amount of pension capital by 64.1 - the cost of one point as of January 2015, since from this date PB began to be used to calculate pension provision

Example:

• amount of pension capital - 5,064 rubles.
• PB cost – 64.1

5 064 / 64,1 = 79

IPC for the period from 2002 to 2014

To calculate the IPC, the insurance part of the pension must be divided by the cost of one PB as of January 2015:

IPC = insurance part of pension / cost of pension as of 01/01/2015

Example:

• insurance part of pension –
• PB cost – 64.10

6 922,80 / 64,10 = 108.

Pension coefficient since 2015

After the reform, insurance premiums are converted into PB and stored in a personal account. The maximum number of them is legally limited:

The number of PB is determined based on the formula:

PB = SUSV / NRV × 10, where:

• PB – number of pension points;
• SUSV – the amount of paid insurance premiums;
• NRV is the standard amount of contributions to the insurance pension (equal to 16% of the maximum contributionable salary, the amount of which is revised by the Government annually).

Example:

Other periods

Certain periods of non-work activity can be converted into points for men:

Pension calculator

A deputy's pension is tied to his salary without any points. According to the amendments that came into force at the beginning of 2021, deputies and senators who have served for five to ten years have the right to an increase in their insurance pension in the amount of 55% of the monthly remuneration of a senator or State Duma deputy. The salary of a State Duma deputy is on average 384 thousand rubles per month.

• pension calculator of the Ministry of Labor to find out how much the labor pension will be (taking into account military service, child care and other socially important factors);
• PFR pension calculator - it calculates what the fixed base amount of the insurance part of the labor pension will be.

Calculate pension Online

Attention! If you have any questions, you can consult with a lawyer on social issues for free by phone: +7 in Moscow, St. Petersburg, +7 throughout Russia. Calls are accepted 24 hours a day. Call and solve your problem right now. It's fast and convenient!

An important condition for calculating such a pension is the length of service during which contributions were made to the Pension Fund. In 2021, the threshold for obtaining insurance coverage remains at 10 years. The figure will increase until 2025, when it will be 15 years.

Requirements for experience and IPK

From 01/01/2015, state benefits are determined not only on the basis of length of service - the IPC is taken into account. This is a new parameter regarding personal points - a person’s individual pension coefficient. The calculation of pensions for those born in 1968 (men and women) includes the following minimum requirements for the following parameters:

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How to calculate your pension? Changes in 2021, calculation features

1. Share of guaranteed compensation earned before 2002.
2. The share of guaranteed compensation, which was calculated from 2002 to 2014.
3. Share of guaranteed compensation earned after 2020.
4. The share of guaranteed compensation added for other (not related to insurance) time.

The decision on the value of a pension point for the purpose of assigning pension payments is regulated by the Government of the Russian Federation every year. Previously, indexing of its size was carried out every year from February 1, according to the new rule, this procedure will be carried out from January 1 in the period from 2021 to 2024. From January 2021, the pension coefficient was checked, its price was 87.24 rubles.

Calculation of pensions for men born in 1957 - formula, points, IPC and online calculator

• Fixed payment. The value is revised annually. In 2020 it is equal to 4,982.90 rubles. For some categories of recipients, this value may be greater, for example, for persons with disabilities or citizens with dependents.
• Insurance part. Depends on the number of pension points earned over the entire length of service. Their number is multiplied by the value of one PB established on the date of assignment of the collateral. In 2021, the cost of PB is 81.49 rubles. There are three main periods when calculating the IPC. Taking this into account, the formula for calculating the insurance portion will look like this:

• IPK2002 – number of PB earned before 2002;
• IPK2002–2014 – number of PB earned from 2002 to 2014. (inclusive);
• IPK2020 – number of PB accrued from 2021;
• IPC non-insurance – the number of PB for non-insurance periods;
• SPB - the cost of one PB on the date of calculation (the amount is revised annually);
• PC2 – premium coefficient.

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An example of calculating a pension in 2021 for men born in 1958

• SC is the length of service coefficient, its value is 0.55 (for men who have worked for 25 years, and for women - 20 years). For each year worked in excess of this norm, 0.01 is added to the coefficient, but the maximum size of the insurance premium cannot exceed 0.75);
• ZR/ZP is the ratio of a citizen’s salary to the average salary in the country. Moreover, the pensioner’s salary is taken for the period from 2000 to 2001 or the average for five other years. the ratio should not exceed 1.2;
• The SWP is calculated by the Pension Fund based on the amount of 1,671 rubles.

Due to the fact that over the past 30 years there have been 3 pension reforms in our country, many citizens have difficulty understanding the principles of formation of pension payments and the procedure for calculations. Let’s look at how pensions are currently calculated and provide a number of examples for clarity.

Pension for citizens born before and after 1967

1. Basic – this part is added to all elderly people without exception. In this case, increased payment is due to the following categories:
   age 80 years;
2. disability group 1;
3. presence of dependents;
4. work in the Far North for more than 20 years;
5. Over 30 years of experience in the agricultural sector.
6. Insurance – is formed on the basis of payments made by the employer during the period of labor activity. Consequently, the size of this part directly depends on the length of service, the size of the salary part and the special coefficient. To calculate insurance payments, you must apply the following formula:

In addition, in 2021, all savings automatically transferred to the insurance part of pension payments in the form of pension points. Thus, citizens will be able to count on a pension supplement from the funded pension. And currently, funds transferred to the Pension Fund are used for pension contributions to existing pensioners.

How to calculate a pension for those born before 1967

The rules have changed several times recently. Despite this, some categories of citizens were able to accumulate an impressive amount of experience even before the emergence of the Russian Federation as a separate state. Using the current methodology is not practical for them.

1. Calculation of work duration.
2. Determination of savings of a particular citizen.
3. Amendments to indexing and employment during the USSR.
4. Calculation of accumulated points - the future amount of financial payments depends on this.
5. Final count.

09 Jun 2021 uristlaw 248
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