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Ministry of labor: average annual pension will increase in 2021

The indexation of the insurance payment will be almost 6.5%. The budget of Pension Fund of the Russian Federation is now being prepared for the planning period 2022-2023.

Ministry of labor: average annual pension will increase in 2021

In Russia, in 2021, the average annual insurance pension will increase. Indexation will be 6.3% - the amount will be 17443 rubles. Today it is 16,500 rubles. The social pension will increase by 2.6%. This was reported in the press service of the Ministry of Labor.

According to the agency, in 2021 pensions will be paid to 43 million people. Funds in the amount of 7.8 trillion rubles are planned for this. For additional expenses, such as, for example, burial benefits, almost 633 billion rubles will be allocated.

The total budget of the Pension Fund next year will be 9.6 trillion rubles.

We remind that now a draft budget for 2021 is being developed - as well as for the planned period of 2022-2023. This year, as well as the next one, faces the budget deficit due to the economic costs of the pandemic.

 

Photo: from open sources

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