Social pensions in Russia will be additionally indexed by 3.3% from April 1
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The Russian government approved a decree on additional indexation of social pensions by 3.3% from April 1. Decree placed on the official portal of legal information.
As explained in the press service of the Ministry of Labor, the decision will affect 4 million people, the budget of the Social Fund provides for this almost 15.6 billion rubles.
“Approve the indexation coefficient from April 1, 2023 of social pensions in the amount of 1.033,” says the document dated March 17, it comes into force on April 1, 2023.
The recipients of social pensions are Russians who do not have enough work experience to receive an insurance pension. Traditional indexation of social pensions is carried out once a year, on April 1. In connection with the inflation rate in the first half of 2022, it was decided to increase a number of social benefits in stages, the Ministry of Labor recalled.
“For 2022, the indexation of social pensions is taking place in two stages: from June 1, 2022 – by 10% and from April 1, 2023 – by another 3.3%,” leads TASS An excerpt from the ministry’s press release. In general, social pensions will grow by 13.6% over the year, the Ministry of Labor reported.
In 2022 indexation of social pensions in 2022 amounted to 8.6%.
Read more about social payments in the publication “Kommersant” “Poverty has crossed the border”.
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