Russians Can More Than Double Pensions by Delaying Retirement
Pensioners in Russia can significantly boost their retirement income by delaying their exit from the workforce. New rules, proposed by an unnamed member of parliament, offer substantial increases in pension coefficients and fixed payments for those who postpone retirement.
Delaying retirement by just five years can enhance pension coefficients by 36% and fixed payments by 45%. The average old-age pension, as of October 1, 2025, stands at 25,198.22 rubles per month. Non-working pensioners currently receive an average of 25,847.43 rubles per month, while working pensioners get 22,378.72 rubles.
Those who delay their retirement by an additional five years can expect even greater benefits. Extra pension points continue to accrue during this period. Postponing retirement by 10 years more than doubles the overall pension amount, with a 2.32-fold indexation of individual pension coefficients and a 2.11-fold increase in the fixed portion.
Citizens have the flexibility to choose between receiving both a salary and pension simultaneously or deferring pension payments for increased future benefits. The decision to delay retirement can lead to a substantial increase in monthly pension payments, making it a significant consideration for those planning their retirement.
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