On Jun. 20, RUS PRL proposed mandatory pension insurance rules.
RUS PRL proposed bill amending art 17 of Law on Mandatory Pension Insurance in the Russian Federation and art 26.1 of the Federal Law on Insurance Pensions.
Proposals
It is proposed by the bill that starting from 2025, the insurance pensions of working pensioners will be indexed annually on par with pensioners who have left work.
Implementation of changes, considering the annual indexation of insurance pensions and fixed payment to the insurance pension, will require additional budget allocations: in 2025 — 96.45bn RUB, in 2026 — 177.03bn RUB, and in 2027 — 260.00bn RUB.
Jun. 2024 Update
On Jun. 26, 2024, RUS GVT also announced that the bill amending art 17 of Law on Mandatory Pension Insurance in Russia and art 26.1 of Law on Insurance Pensions was approved unanimously in the 2nd and 3rd reading of the proposed bill by state Duma.
Jul. 3, 2024 Update
On Jul. 3, 2024, RUS PRL announced that the state duma approved proposed bill.
Jul. 8, 2024 Update
On Jul. 8, 2024, RUS GVT published law 173-FZ amending art 17 of Law on Mandatory Pension Insurance in the Russian Federation and art 26.1 of the Federal Law on Insurance Pensions in force from Jan. 1, 2025.
In Jul. 2024, RUS PEN announced resumption of pension indexation, see #219798.
Regulators
RUS GVT; RUS PRL
Entity Types
Ins; Inv Co; Pension
Reference
PR, Law 173-FZ, 7/8/2024; PR 7/3/2024; PR 6/26/2024; PR, 6/20/2024; Bill 652632-8
