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We will definitely do it. Putin on indexing pensions above inflation

The government must do everything to keep the promises of previous years fulfilled, Russian President Vladimir Putin said at a press conference on Thursday. According to him, the Russian authorities had previously managed to index pensions above inflation, and such measures will be taken in the future. At the annual press conference on December 23, Russian President Vladimir Putin indicated that the Cabinet of Ministers must fulfill its promises to index pensions above the inflation rate.

The head of state stressed that the government must do everything to keep the promises of the past years.

“Until now, we have generally managed to do this, and we will definitely do it,” the Russian leader added.

He also noted that appropriate decisions will be made on the "power" bloc in order to equalize the incomes of people working in power structures and law enforcement agencies.

In 2018, a law was adopted on the annual indexation of pensions above the inflation rate, according to which the average size of pensions by 2024 will exceed 20 thousand rubles, reminds TASS.

Labor and Social Development Minister Anton Kotyakov previously reported that the department had prepared proposals for additional compensation for high inflation for pensioners. Decisions, he said, will be made in the near future.

In addition, the head of the Ministry of Labor noted that within the framework of the adopted budget, the indexation of pensions by 5.9% is envisaged, but inflation by the end of the year will be “somewhat higher”.

How pensions will be indexed

In early December, Putin signed laws defining the budgets of the Pension Fund, FSS and MHIF for 2022-2024.

In particular, the average annual size of the insurance pension is set: in 2022 it will be 17,115 rubles, in 2023 - 17,893 rubles, in 2024 - 18,733 rubles.

The indexation of social pensions and pensions in 2022 is planned at the rate of 7.7%, in 2023 - 2.5%, in 2024 - 9.9%. The indexation of the insurance part is expected at the level of 5.9% in 2022, 5.6% - in 2023, 5.5% - in 2024.

The Ministry of Labor previously developed a new procedure for the payment of pensions: the amendments will affect those who have the right to receive their savings in a lump sum in full. The changes will take effect on July 1, 2022.

And as early as January 1, new norms regarding pension payments will start working in Russia.

How much money is needed to provide a living wage

Russians believe that at least 25 thousand rubles are required to provide each family member with everything they need. monthly, follows from opinion polls.

“According to official data, inflation in our country is 6-8% per year. But people perceive the rise in prices as much sharper. They understand that more money is needed to maintain the standard of living they aspire to. We asked: how much does a family need to provide a living wage?

This does not mean the official cost of living, but the subjective one. On average, this amount turned out to be about 25 thousand rubles. per person per month.

This summer, we asked people: how much, on average, have the prices of goods and services that your family buys increased over the year? And 57% answered that the rise in prices was up to 30%, and 37% - which is even higher.

People, of course, are very much afraid of the rise in prices. Especially for essential goods. Because of their rise in price, people are losing confidence in the future, in family and national well-being. I don’t think this is just a Russian trait, but in Russia uncertainty about the future is more widespread than in Western countries, ”concluded sociologist Stepan Goncharov.

We will definitely do it. Putin on indexing pensions above inflation