Go to ...

The Newspapers

News from Russia

RSS Feed

Thursday, October 27, 2016

The authorities denied the replacement of ad hoc indexation of pensions in payment

In the office of the Deputy representative of the government of Russia Olga Golodets has denied media reports that he has decided to replace the re-indexing of pensions is a one-time payment. The government is now discussing the possibility of re-indexing said there.

photo: Natalia Muslinkina

According RG.RU in the office of the Vice-Premier of the Russian government Olga Golodets did not confirm media reports that the re-indexation of pensions will replace one-time payment. It was also reported that the law provides for re-indexing in the first half of 2016 and this issue is now being discussed in the government. However, everything will depend on the specific situation, so long as the form and size of payments is too early to say. Everything will be decided within two to three weeks.

The publication also cites the opinion of an unnamed representative of the Ministry of labor, which confirmed that while details about the upcoming indexing is not and it will depend on the results of execution of the Federal budget for the first half of the year.

We will remind, earlier MKRU reported statements in the media the message that the government is discussing a compromise version of a one-time payment to retirees instead of re-indexing, which can lead to unbalancing of the system.

Thus one of the sources said that the Prime Minister of Russia Dmitry Medvedev instructed the Ministry of labor to find the money for indexation to pensioners by 8.56% from 1 September, which will require the allocation of 137 billion rubles.

Recall that in 2016 the pension for pensioners in Russia have been indexed only 4%, with actual inflation at 12.9%.


Related posts:
200 billion pension roubles boomed into a black hole
The Central Bank denied the rumors about the non-return of money to depositors
Nabiullina will make dollars more accessible
Experts explained why Kudrin will appoint anyone, but not Prime Minister


More Stories From Economy