The accumulated pension will increase by 17.3% starting from August 1.
The increase will happen automatically
From August 1, the Social Fund of Russia will conduct the annual recalculation of accumulated pensions, reports RIA Novosti. Payments will increase by 17.3%, and for certain recipients — by 19.3%. Associate Professor of RUDN Stanislav Odintsov explained that the increased supplement is due to participants in the co-financing program, parents who directed maternity capital to future pensions, and those who independently replenished their savings. The increase became possible due to income from the placement of funds, which significantly exceeded the inflation rate. The recalculation will be done without applications.
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