Pension Increase for This Category of Citizens After Retirement Includes All Missed Indexation Adjustments
Russia restores annual pension hikes for working retirees in 2025
Working pensioners whose employment fell between 2016 and 2024—the period when pension indexation was frozen—will be eligible for an automatic recalculation of their pension upon retirement, Nina Gukasova, director of the Financial Market Center's program for improving financial literacy at the Institute of Public Administration and Civil Service (IGSU) under the Presidential Academy of National Economy and Public Administration (RANEPA), told RIA Novosti.
There is a mechanism in place to restore fairness for those who worked during the 2016–2024 freeze on indexation. The adjustment takes effect after they stop working. "When a working pensioner retires, Russia's Social Fund (SFR) automatically recalculates their pension," Gukasova explained.
She clarified that after retirement, the pension is increased to account for all missed indexation adjustments during the period of employment. As a result, those who began receiving their pension before 2016 and continued working could see a maximum increase of up to 119.5%.
As of January 1, 2025, Russia has officially resumed annual pension indexation for working pensioners. The insurance-based pension, funded by employer contributions and work history, will be indexed by 7.6% in January 2026.
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