Social pensions of the Russian pensioners were adjusted by 10.3 % from 1st April.
Monthly cash benefits for certain categories of people (veterans, disabled people, citizens exposed to radiation, Heroes of the Soviet Union, Heroes of Socialist Labor etc.) were adjusted by 5.5% from 1st April.
The state pensions, supplementary monthly financial provision and other social benefits, the amounts of which are determined by the sum of social pensions were adjusted by 10.3 % from April. As a result, indexation increased the level of pensions of over 3.7 million pensioners (of which more than 3 million people are recipients of social pensions) and more than 16 million recipients of social benefits, most of which are also pensioners.
The average social pension after the increase amounted to 8 311 rubles. The average amount of social pensions for children with disabilities amounted to 12 371 rubles. The average amount of pensions for citizens with disabilities due to war injuries and Great Patriotic War veterans, receiving two pensions, now amounted to 29 371 rubles and 31 488 rubles, respectively.
With that, the financial provision of Russian citizens will be no less than the regional minimum of subsistence. If the total amount of pensioners’ financial provision does not reach minimum of subsistence established in a Russian Federation subject, then social supplementary benefit is set for such pensioners.
We remind that on February 1st 2015 insurance pensions of more than 39 million Russian pensioners were adjusted by 11.4% based on the growth of consumer prices in 2014. As a result of indexation, the average amount of insurance old-age pension with fixed payment has reached 12.900 rubles today.
In August, 2015 insurance pensions of the working pensioners will be adjusted non-declaratively.