In 2027, insurance pensions in Russia will be pegged to the index by 10.3% in two stages, writes Izvestia in reference to Svetlana Basarab, first deputy chairperson of the State Duma Labor Committee. As of February 1, the payments will increase by 6.8%, and from April 1, the personal pension coefficients will increase by the percentage of growth in the income from the pension fund. In addition, the social pension will increase by 6.8% as of April 1st, and the financial allowance of military retirees is scheduled to increase by 4% as of October 1st.

In 2027, insurance pensions in Russia will be pegged to the index by 10.3% in two stages, writes Izvestia in reference to Svetlana Basarab, first deputy chairperson of the State Duma Labor Committee. As of February 1, the payments will increase by 6.8%, and from April 1, the personal pension coefficients will increase by the percentage of growth in the income from the pension fund. In addition, the social pension will increase by 6.8% as of April 1st, and the financial allowance of military retirees is scheduled to increase by 4% as of October 1st.