Pension calculator in 2021 online calculator calculation of the PRF

Calculation nuances

After the procedure for calculating the pension was changed, the factors influencing its size were supplemented with the individual pension coefficient. It is calculated by entering your salary, from which income tax has not been deducted, into the form on the website. IPC is also called pension points, and therefore they affect old-age benefits, since each of the points has a certain value, and the main part of the pension is calculated based on their number.

The old-age benefit paid to a person is provided according to the following criteria:

age - 55 years for women and 60 for men (recent reforms in Russia increase the age to 63 years);
the period for paying insurance premiums (current length of service) must be no less than the established norm - from 2024, after a gradual increase, the figure will reach 15 years;
The minimum score is 30 points.

A citizen can earn a limited number of points per year, for example, for 2021 it is 8.7, and for 2021 you can get 10 points for citizens who do not have pension savings. Otherwise, in 2021 you can get a maximum of 6.25 points both in Moscow and any other region.

Government authorities carry out annual indexations of insurance pension payments, increasing them by the amount of inflation. A funded pension held by non-state pension funds or management companies is not subject to indexation, so you should only count on the income that investments will bring. If the profitable projects in which the company decides to invest money turn out to be unprofitable, then he risks losing funds, although only part of them will be reimbursed by the state.

The legislative framework

Until 2015, pension provision for employees was regulated by the federal law “On Labor Pensions”. According to him, the labor pension included two components - funded and insurance interest . After 2012, two laws came into force that separated these two concepts:

From now on, there is an insurance pension, which is coordinated by Federal Law-400 “On Insurance Pensions”;
And a funded pension, regulated by Federal Law-424 “On funded pension”. With the pension reform, citizens were given the opportunity to choose whether to form a funded pension or not.

The reform made changes to the calculation of pensions for the younger generation. Now, to establish a pension after length of service, the following conditions will be necessary:

Wait until the established retirement age. According to the new law, for women it is 55 years, for men – 60 years. If an employee does not leave work upon reaching retirement age and continues to work, this fact is taken into account and provides an increase in pension in the future;
The active working period during which contributions were made for the employee, the so-called insurance period, must be at least 9 years for 2021. According to the new rules, the amount of required experience will increase every year, reaching a maximum in 2025 of 15 years. Those who have not achieved the required work experience will only be able to receive a social pension;
The accumulated points should amount to a value of 13.8, gradually increasing and reaching a value of 30 by 2025.

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Other scoring cases

Individual points can be accumulated by a person not only due to work experience, but also in some situations equated to work activity in whole or in part.

For example, 1.8 points are awarded annually if the entire period was devoted to caring for:

disabled person of group 1;
a child who is officially disabled;
old people over 80 years of age;
children under 1.5 years old.

The same number of points is awarded to a citizen who served a year in the army upon conscription, while parents can receive a different number of IPC. For a year of caring for a second child, the parent will be awarded 3.6 points, further ones will be valued at 5.4 points annually.

The pension fund encourages people to retire as late as possible, given that every year a person does not quit his job, his future pension increases significantly. For example, 5 years after the right to a pension and its non-realization, the fixed and insurance parts will increase by 36% and 45%, respectively.

Military support

Security for military personnel who have retired is also calculated using a formula, but different from that used for civilians. It is half of the salary for the position and the bonus for length of service, to which is added a reducing pension coefficient multiplied by 3%. Also, 2% is added to the amount if the salary was not indexed.

There are several types of military pension:

by length of service;
on disability;
for the loss of a breadwinner (recipients of funds are relatives of a person who died while performing a military task).

To retire for retirement, you will need to serve at least 20 years, that is, you can potentially retire at 40 years old if you start serving at 20 years old. If 20 years are not reached by the exit age, then mixed experience is taken into account, allowing employment in companies and formations other than the armed forces.

Fixed payment

The constant part of the pension provision is the same for all recipients of such funds, and in 2021 it amounts to 4,982 rubles. But this is also influenced by the category to which the person belongs, for example, persons with more than 15 years of experience in the Far North can apply for a pension with a fixed share of 7,474 rubles, but they must have at least 25 years of experience For men, women must work 20 years.

Disabled people of group 1 can count on 9965 rubles, which will be paid in a fixed part. Representatives of disability group 2 are entitled to receive 4,982 rubles, and people from group 3 receive the least - 2,491 rubles. This pension volume is indexed annually, and this increase occurs on February 1 of each year. The increase is influenced mainly by the size of inflation, but the level of income of the Pension Fund also matters; if a sufficient amount of taxes is received, then the increase will be higher.

Features of pension calculation

When determining the amount of funds for those retiring in 2021, four periods of earned money are applied. These are three time periods, which are divided into the period before 2002, from 2002 to 2014, as well as the time after 2015. In addition to work, there is also a period of other non-insured periods, for example, military service, child care and other legally stipulated periods of time.

The value of the individual pension coefficient in 2021 is 81.49 rubles, its increase occurs in August of each year, for which inflation rates are used, leading to indexation. To calculate the fixed part, there is a simple formula: the number of points is multiplied by the cost of each, and a fixed payment is added to the result.

This way, a pension can be calculated in 2021, which will potentially be paid to a person, but in essence, only the number of accumulated labor points depends on the citizen, since their value and fixed amount change only as a result of indexation and are established by the state, for which a law is adopted.

Calculation results

The old-age insurance pension is calculated using the formula: the sum of your pension points is multiplied by the cost of one pension point in the year the insurance pension was assigned and the amount of the fixed payment is added.

When calculating the conditional amount of the insurance pension, the following indicators for 2021 are used:

Fixed payment - 5334 rubles. 19 kopecks;
The cost of 1 pension coefficient is 87.24 rubles;
The maximum salary before personal income tax, subject to insurance contributions, is 95,833 rubles per month.

All elderly people who have worked for more than 30 years should receive a pension. Typically, a pension is calculated taking into account the official salary that the pensioner received throughout his life. Calculating a pension is necessary for all people planning to go on vacation. Most people in need go to specialists to correctly calculate their future pension. Its amount depends on the number of pension points that are awarded for length of service. An online pension calculator quickly determines the size of a fixed payment to a citizen from the state.

Funded pension

In 2015, thanks to changes in legislation, the funded pension no longer applies to the labor pension, and is a separate type of benefits paid in old age. The size of the savings portion depends on how long the funds have been deducted and in what amount they were contributed to the savings organization.

This pension contribution can be paid by the employer throughout the entire period of a person’s work, then 22% of the salary is paid - 16% goes to the insurance part of the pension, and 6% to the funded one. In addition, there is an opportunity to additionally invest maternity capital, doing this partially or in full, and if you wish, there is the option of participating in the co-financing program.

A funded pension can be received if the amount of savings is at least 5% of the total amount, but if the reserves made are less than this limit, the citizen can receive the money one-time.

Checking savings

Previously, only the Pension Fund could provide information about existing savings, but at the moment a citizen has the opportunity to check the amount of funds:

on the websites of State Services or the Pension Fund, for this you only need a SNILS number;
at the Pension Fund branch;
from employees at banks or directly at ATMs.

To create a personal account on the State Services website, you will need to enter the series and number of your passport into the form, adding to them the number of your pension insurance certificate. To go to pension services, you need to go to the official pfrf website and then log in to your account on State Services. If you wish, you can clarify working issues on the PFR hotline, but information about the status of your pension account cannot be obtained remotely.

Points for working pensioners

In 2021, working pensioners can count on an increase only thanks to the accumulation of new pension points, which are recalculated in August of each year. But even such an increase is insignificant, because if the standard indexation is 3.7% of the amount of payments, then no more than three points can be awarded for length of service, and in conversion this is about 244 rubles.

Calculation services

Self-calculation using the formula has its advantages, however, it is more convenient to calculate your pension using special services. The Internet provides the opportunity to calculate your pension using special calculators presented on various websites. One of these is the PFR website.

You can easily calculate the expected pension amount in your personal account of the Russian Pension Fund. Here is a special pension calculator, into which you just need to enter the necessary data:

select gender and enter year of birth;
we allocate the necessary pension provision: insurance or insurance with funded;
presence of military service;
planned children and their care;
availability of dependent care;
expected period of work after reaching retirement age;
selection of employee status;
planned length of service;
the size of the official salary.

The calculator will independently calculate the total value of pension points and the value of the insurance pension.

The pension insurance website provides the opportunity to check your employer for the amount of insurance contributions.

Calculation on a calculator

How to calculate your pension online? It’s very simple, you just need to use the tool on the website of the Pension Fund of the Russian Federation. It is suitable only for people who worked in civilian areas, since the Ministry of Defense is responsible for providing support for the military and security forces and the amount for them is calculated according to slightly different procedures.

The exact figure can only be obtained after a person sends his application to the Pension Fund for vacation, and all benefits and income of the citizen will be taken into account. Some components are permanent and not individual, but it should be taken into account that the person will retire this year.

People who worked in the Far North, or cared for other citizens, can receive an increased pension coefficient, according to which benefits are calculated. If a citizen is self-employed, he must transfer 1% of the amount of income amounting to no less than 300,000 rubles for pension insurance.

The pension calculator consists of a questionnaire in which the citizen independently enters:

person's gender;
year of birth;
how long did you serve in conscription?
number of existing or planned children;
caring time for others;
the period of delay in obtaining a pension after reaching age;
official salary level;
type of employment - hiring or self-employment;
period of work experience.

After clicking the calculation button, a preliminary calculation of the pension amount will appear on the screen if the data specified in the form is correct at the time of retirement. The calculator also allows you to calculate the pension points that a citizen can earn in a year with a certain salary level.

How to make a calculation?

At first glance, the calculation seems very complicated, but if you look at it, there is nothing complicated here. It is necessary to substitute the values into the formula and calculate the approximate pension provision.

It is worth knowing that any calculations are indicative values, since the values of indicators and coefficients are constantly changing.

What will you need?

You will need a formula for calculation and all the components. To understand the calculation, you need to know the definitions of the main components of the formula:

Fixed payment . Similar to the basic tariff designated by law. The amount is stable and is added to the variable part. From 2021 it is 4982 rubles 90 kopecks. For some categories of citizens, the amount of payment may be higher, these include certain working professions, disability or dependency;
Individual pension coefficient . Another name for pension point. Directly depends on insurance premiums for the employee, and accordingly the amount of wages;
Premium coefficient . It is an incentive measure for pensioners, motivating them to work longer after reaching retirement age. For each year of work thereafter, the bonus coefficient increases and the pension increases proportionally. That is, according to the table of coefficients, each number of processed years corresponds to a bonus coefficient that correlates with them. The more years, the higher the coefficient.

All these values are not constant and change every year, so the calculations will only be indicative and close to reality.

Step by Step Actions

Necessary steps in order:

Calculation of the total number of pension points (IPC);
Multiplying the resulting value by the amount of fixed payments (FV) and a special coefficient according to the table (PC), if you are not going to retire immediately upon reaching the pension;
Multiplying the size of the individual pension coefficient (SIPC) by the pension points indicator (IPC);
Addition of the obtained values.

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Calculation formulas

The combination required for the calculation is presented as follows:

SP=(IPK*SIPC*PK)+(FV*PK) , where:

SP – the amount of the old-age insurance pension;

IPC – total number of pension points;

SIPC is the monetary expression of a pension point; it is indexed annually. For 2021, the cost of one point is 81.49 rubles;

FV - the amount established by the state (4982.90 in 2021);

PC – premium incentive coefficient.

To take the first step, you need to understand how the individual pension coefficient is calculated:

IPK=SV/SV(max)*10 , where:

SV – the amount of insurance contributions paid to the Pension Fund, without deduction of income tax. Next, 16 or 10 percent remains on the citizen’s personal account, in accordance with his consent to the creation of a funded pension;

SV (max) - the maximum deductible amount of contributions, it can be 16 percent, only if the formation of the insurance pension is left.

Another way to express this formula is:

IPC = (ZP*12*СВ)/(maxВС*16)*10 , where:

ZP – salary value,

12 - number of months in a year,

TIC is the rate of insurance premiums; when choosing an insurance pension, the indicator is 0.16,

maxВС – the maximum amount subject to contribution (1,021,000 for 2021).

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This is how the number of points for the year is calculated. Then we multiply this amount by the number of planned years of work before reaching retirement age. The output is the number of pension points. We multiply the resulting number by the monetary value of one point, we get the IPC.

We add a fixed payment to this value. As a result, we get the amount of the old-age insurance pension.

If you plan to continue working after retirement, a bonus coefficient will be used, and the amount will increase proportionally.

If you wrote an application to create a savings account, you may need a formula to calculate your funded pension. The amount of funds transferred to the savings account is 6%.

The combination for calculating a funded pension looks something like this:

NP=SPN/t , where:

NP – value of funded pension,

SPN – the amount of pension savings in the pensioner’s personal account,

t is the time during which pension provision will occur.