In Russia, in 2027, it is planned to double indexation of insurance pensions and increase other payments
Quick Look
In 2027, the Russian Federation plans to increase all main types of pensions: insurance pensions will be indexed twice - on February 1 by 6.8% and on April 1 by 3.3%, and traditional recalculations for working pensioners in August and adjustment of funded pensions at the expense of investment income are also provided.
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Why It Matters
In 2026, a pension indexation mechanism was approved, which provides for the adjustment of payments depending on inflation and wage growth.
In 2027, the Russian Federation plans to increase all main types of pensions, including insurance, social and military payments. Tatyana Podolskaya, an expert at the Presidential Academy, reported this in an interview with RIA Novosti.
At the same time, the specialist emphasized that the announced indexing parameters are still preliminary.
According to the mechanism approved in 2026, insurance pensions will be indexed twice. The first wave of increases will take place on February 1 and will affect old-age, disability and survivor benefits. The expected growth will be 6.8 percent, which corresponds to the forecast level of actual inflation for 2026, to which the February adjustment is adjusted.
The second stage of indexation is scheduled for April 1. An additional increase of 3.3 percent will be based not on consumer price indicators, but on the growth rate of average wages and income of the Social Fund of Russia (SFR).
According to Tatyana Podolskaya, spring and winter recalculations will affect both non-working and working citizens. For the latter category, an additional traditional recalculation of payments is provided in August. Its size will directly depend on the amount of individual pension coefficients (points) accumulated for 2026.
In addition, funded pensions will be adjusted in August. This increase is carried out by receiving income from investing pension savings.
Open Questions
- Which categories of working pensioners will receive traditional recalculation in August?
- What will be the size of the traditional recalculation for working pensioners in August 2027?
- What income from investing pension savings is expected to adjust funded pensions?
