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Pensions will be increased since January 1 - Bashkiria branch of Pension Fund

Economy/Business

UFA, 29 December 2017. /Bashinform News Agency, Galina Bakhshieva/.

Since January 1 of the next year, insurance pensions, including fixed payment to non-working pensioners, will be increased by 3.7%.

The size of the fixed payment after the indexation will be 4,982.9 rubles per month, the cost of the pension score will be 81.49 rubles (in 2017 — 78.58 rubles). As a result of the increase, the average old-age insurance pension will amount to 13,423 rubles, the press service of the Pension Fund Branch for Bashkortostan reported.

Indexing of insurance pensions to non-working pensioners and fixed payments to them in 2018 will be carried out not since February 1, as before, but from January 1. Therefore, the pensioners of the republic will receive an increased pension starting from January 3.

Total, the Pension Fund of the Russian Federation will spent 195.4 billion rubles on the pension insurance of Bashkortostan residents for 2017.

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