Federal Law on Pensioners. Law on raising the retirement age

Every working person, throughout all working years, is obliged to pay contributions to the social and insurance funds of the Russian Federation. Contributions are made to receive a pension upon reaching a certain age and insurance period. All the nuances concerning the amount of pension payments and the method of their calculation are described in Federal Law No. 400.

In article 18 Federal Law No. 400 specifies the conditions for indexing pensions of working pensioners. Recalculation (increase, decrease) of payments is made according to the formula:

SPst = SPstp + (IPKi / K / KN x SPK), Where

  • SPst - the amount of payments for old age, disability, in case of loss of a breadwinner;
  • SPstp - the established pension amount as of July 31 of the year in which the calculation is made;
  • IPKi - individual pension coefficient;
  • K - special coefficient;
  • KN - second special coefficient;
  • SPK is the cost of one pension coefficient.

By law, the minimum pension amount is set based on the subsistence level. Therefore, according to the law, it cannot be lower than the established living wage.

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Insurance payments are assigned within certain periods established by Russian law:

  • Old age benefits are accrued from the next day after leaving work. It is necessary to apply for this pension within the maximum period of 30 days after dismissal;
  • disability insurance payments are assigned from the day a person is recognized as disabled, if he or his representative applied for accrual within a year from the date the fact of disability was established;
  • To receive a survivor's pension, according to the law, you must apply within a year from the date of death of the person.

All the nuances of calculating pensions and their payments are set out in detail in Law No. 400. You can familiarize yourself with the latest edition of the Federal Law “On Insurance Pensions”. You can review the changes made in detail, in accordance with Law No. 143, at

October 3, 2018 Vladimir Putin signed an increase in the retirement age in Russia, which was adopted by the State Duma on September 27 in its final form, taking into account the recommended amendments. The main one is to increase the retirement age for Russians by 5 years - that is from 60 to 65 years for men and from 55 to 60 years for women. The transition to new values ​​is proposed to be carried out gradually, starting already from January 1, 2019.

The retirement age will increase annually for 1 year with the exception of those Russians who will reach old retirement age (60/55 years) in the next 2 years - in 2019 and 2020. For them, in order to mitigate the consequences of the reform, a new retirement age (for example, in 2019, the retirement period for women and men will increase by only 6 months instead of 1 year).

With text Law of October 3, 2018 No. 350-FZ the increase in the retirement age, which has already been signed by the President and officially published, can be found below. Main provisions of the new reform come into force on January 1, 2019.

It is worth noting that consideration of the bill caused lively debate among deputies of the State Duma, but in all readings the document was adopted by majority vote(primarily thanks to the support of the United Russia faction, which has a parliamentary majority).

Changes in pension legislation since 2019

The new law on pensions from 2019 contains adjustments to the retirement age for future recipients of the following types of pensions:

The changes provided for by law are being implemented from January 1, 2019 with a transition period, during which the retirement age will be gradually changed until it reaches the value established by law. However, adjustments will be introduced for civil servants one year later - from 2020, since for them this process has already been going on for several years - since January 1, 2017, in accordance with a similar law No. 143-FZ of May 23, 2016 (i.e., for civil servants, the schedule for changing the retirement age adopted since 2017 by the new law, starting from 2020).

It is worth noting that all proposed changes to pension legislation since 2019 won't touch those Russian citizens who are already receiving a pension- the new measures are aimed only at extending the “period of working capacity” for future pensioners who must reach retirement age in 2019.

Receipt of old age insurance pension from 2019

From January 1, 2019, the release dates will be adjusted. Initially, the Government, according to the new law, taking into account transitional provisions, planned to establish a new retirement age - for men 65 years old, for women 63 years old. However, according to the President’s proposal, the age for women was reduced to 60 years, i.e. As a result, the increase for men and women will be the same - by 5 years.

And this increase will occur in stages - with an annual increase of 1 year(and taking into account the adopted presidential amendments - except for the first two years of the new law: 2019 and 2020) until the final standards established by the new law for men and women are reached in 2023 (60 years for men and 55 years for women).

To determine the year in which an old-age pension was assigned under the new law, you can use the data presented in the table:

Table - Retirement from 2019 by year

Year of old age pension under current law (at age 55/60)The retirement age according to the new law is from 01/01/2019.Year of retirement under the new law
WomenMen
I half of 201955 + 0.5 60 + 0.5 II half of 2019
II half of 201955 + 0.5 60 + 0.5 I half of 2020
I half of 202055 + 1.5 60 + 1.5 II half of 2021
II half of 202055 + 1.5 60 + 1.5 I half of 2022
2021 55 + 3 60 + 3 2024
2022 55 + 4 60 + 4 2026
2023 and following years55 + 5 60 + 5 2028, etc.

Note: The table has already been adjusted taking into account the final content on raising the retirement age, adopted by the State Duma in the third reading at a meeting on September 27, 2018 and signed by the President on October 3, 2018.

Thus, the following conclusions can be drawn:

  • Changes under the new law will apply to all citizens of the Russian Federation who were supposed to retire in old age starting from 01/01/2019 - that is women born in 1964 and men born in 1959.
  • For 5 years, a so-called “transition period” will operate for women and men, within which the retirement age will increase by 1 year annually(except for the first two years of the transition period, when you can retire six months earlier).
  • For women from 1968 and men from 1963 will already be installed final values ​​- 60 and 65 years. Accordingly, they will be the first in Russia to retire later by all 5 years of difference adopted by the State Duma - in 2028 instead of 2023 under the old law (see table above).

However, the new law provides for the possibility of reducing the retirement age by 24 months. This reduction is established if women have 37 years of experience (if they have reached 55 years of age) and 42 years of experience for men (if they have reached 60 years of age).

Preferential pensions for teachers, medical workers, creative workers from 2019

According to the old law, teachers and medical workers were required to have 25-30 years of work experience (depending on the place of work) for early retirement in old age. According to the new law, the right to early assignment of a pension in the presence of such length of service is retained, but the withdrawal deadline carried forward for 5 years after acquiring the required number of years of experience. In this case, a gradual increase in the term of appointment is provided (annually by 1 year, except for the first two years with the provided preferential retirement) in the period from 2019 to 2023 until the required value of 5 years is reached.

The deadlines for assigning early insurance pensions for teachers and doctors by year are shown in the table:

Thus, from 01/01/2019, it will be possible to enter an early insurance pension and after receiving the required length of service only after the number of years established by law: from 0.5 to 4 years in the period from 2019 to 2022 and after 5 years, starting from 2023 of the year. Also, for these categories of workers, the possibility of retiring at the new generally established retirement age remains - upon reaching 60 or 65 years of age.

For creative workers (in theaters and theatrical and entertainment organizations), the old law provided for the possibility of early retirement, depending on the nature of the work, at the age of 50-55 years with 15-30 years of work experience. The new pension law from 2019 also sets a new retirement age for such workers - 55-60 years subject to the same length of service requirements. The increase will also occur annually for 1 year until the value provided for by the new law is established (see similar examples in the tables above).

Raising the retirement age for workers in the Far North

Until the end of 2018, for those working in the regions of the Far North (RKS) and equivalent areas (MKS), the legislation establishes the age for the emergence of the right to - respectively 50 and 55 years for women and men. Unfortunately, as a result of the pension reform for northerners, changes in the retirement age will also be provided - accordingly up to 55 and 60 years old.

The Government explains such measures by the changed situation in the northern regions of the country: infrastructure is developing, the life expectancy of Russians is increasing and living conditions are improving.

Until new values ​​are established for RKS and ISS workers also a transition period is provided: from 2019 to 2023 for men and women. During it, the standard age will increase by 1 year annually until it is set at 55 and 60 years (except for 2019 and 2020, when “preferential” conditions for retirement will still apply).

It should be noted that changes to the rules for assigning northern pensions working in difficult and hazardous working conditions(underground work, hot shops, metallurgical, chemical, petrochemical industries, etc.).

Retirement of civil servants from 2019

Changes in pension legislation will also affect. For them, retirement age has already increased since January 1, 2017, but the previously adopted law provided for an increase in the value to 63 and 65 years annually in six-month increments. According to the new law, the retirement age for civil servants will increase from 01/01/2020 at the same pace as for other citizens - annually for 1 year.

The change for civil servants will occur according to a new schedule presented in the table:

Year of retirement of civil servants under the old lawRetirement age under the new lawYear of retirement of civil servants under the new law
WomenMen
2017 55 + 0,5 60 + 0,5 2017-2018
2018 55 + 1 60 + 1 2019
2019 55 +1,5 60 + 1,5 2020-2021
2020 55 + 2 60 + 2 2022
2021 55 + 3 60 + 3 2024
2022 55 + 4 60 + 4 2026
2023 55 + 5 60 + 5 2028
2024 55 + 6 2030
2025 55 + 7 2032
2026 and beyond 55 + 8 2034

Thus, the rules for changing the retirement age of civil servants provided for by the old law will be adjusted. The transition period, during which there will be a gradual increase in the retirement age, will be reduced for women by 6 years (until 2026 instead of the previous 2032), for men - by 3 years (until 2023 instead of 2026). That is the increase will happen faster.

Social pensions from 2019

In addition to those already discussed above, the pension reform from 2019 provides for a number of changes regarding the conditions of appointment, in particular social old age pensions, intended for persons who have not worked out what is necessary.

Until 2019, persons who had reached the age of 65 years for men and 60 years for women were eligible (i.e., 5 years later than the generally established retirement age of 60/55 years for 2018). Under the new law, such a right will arise only upon reaching 70 and 65 years of age(i.e. also with an increase of 5 years relative to the new age of 65/60 years).

At the same time, for social pensions, the law also provides for transitional provisions that establish a gradual increase in the retirement age, starting January 1, 2019(and in 2019 and 2020, preferential retirement conditions will apply, in accordance with those proposed by the President).

All new statutory retirement ages for receiving social pensions for men and women (70 and 65 years old, respectively) will be finally established in 2023.

Who will not be affected by raising the retirement age in Russia?

First of all, changes provided for by law from 2019 will not affect those who are already retired- all pensioners will continue to receive all payments already assigned to them in accordance with previously acquired rights and benefits.

In addition, the adopted law does not provide increasing the retirement age for certain categories of citizens:

  1. Those employed in jobs with difficult and harmful working conditions, namely:
    • employees in whose favor the employer pays insurance premiums at the appropriate rates, which were determined as a result of a special assessment of working conditions;
    • civil aviation pilots, aircraft maintenance engineers and technicians;
    • flight test personnel involved in testing aircraft and other equipment;
    • workers of locomotive crews, workers organizing transportation and ensuring traffic safety on railway transport and in the metro;
    • drivers of construction, road, loading and unloading equipment;
    • tractor drivers working in agriculture and other fields;
    • workers in logging, timber rafting, as well as those involved in servicing machinery and equipment;
    • truck drivers in mines, quarries, shafts, etc.;
    • in underground or open-pit mining, in mine rescue units, in the extraction of shale, coal, ore and other minerals;
    • in the construction of mines and mines;
    • in geological exploration, search, topographic teams and expeditions, in survey and other work;
    • in the sea and river fleet, in the fishing industry;
    • drivers of passenger transport on regular city routes (buses, trolleybuses, trams);
    • lifeguards in emergency services;
    • working with convicts in organizations executing criminal sentences in the form of imprisonment;
    • women working in the textile industry with heavy loads in high-intensity conditions and others.
  2. Citizens who are entitled to a pension for health reasons or social reasons:
    • one of the parents or guardians who raised them until they reached the age of 8;
    • visually impaired people of group 1;
    • women who have given birth to 5 or more children and raised them until they reach 8 years of age;
    • women who have given birth to 2 or more children and have established work experience in the Far North and equivalent areas, and others.
  3. Persons who suffered as a result of man-made or radiation disasters (at the Chernobyl nuclear power plant, the Mayak chemical plant, the Semipalatinsk test site, etc.).

A complete detailed list of persons who will not be affected by the government-planned increase in the retirement age from 2019 is provided in (PDF file format), prepared by specialists of the Pension Fund of the Russian Federation.

Pension legislation plays a huge role in the formation and development of the state’s social policy. And one of the fundamental regulatory documents is the law regulating the payment of labor pensions.

general characteristics

The Federal Law “On Labor Pensions” includes in its structure only 32 articles, which are combined into 7 chapters. It was adopted in 2001 and has been amended several times. Today it is used in calculating the amount of labor pensions, as well as the methodology for calculating insurance payments.

Although many provisions have been terminated, this law will help you not only prepare for Social Security exams, but also help you understand how to calculate your retirement benefits based on productive work. Pension legislation in terms of labor regulation is actually based on this legal regulation.

About general provisions

The first chapter of 173 Federal Law includes 6 articles. From the very first lines, the regulatory document draws the attention of citizens to the fact that the payment of labor pensions is carried out in accordance with the law. The first article contains general provisions that are typical for most regulations. For example, if there is a discrepancy between international standards and current legislation, priority is given to the former. It also lists the legislative framework, which is of auxiliary significance for social policy in general.

The following article provides a number of concepts that are necessary for clarification and interpretation of legal acts. For example, the most frequently used definitions here are: labor pension, length of service, pension capital, personal account, pension savings and much more. The first chapter also indicates the persons who have the right to receive this type of payment, as well as the types of their pensions:

  • old age;
  • on disability;
  • in case of loss of a breadwinner.

At the same time, the parts that form the integral payment are indicated: insurance and funded pensions.

Conditions for receiving payments

The second chapter of the law “On Labor Pensions in the Russian Federation” talks about the immediate conditions that must exist at the time of requesting payment. Thus, a citizen who wishes to receive a labor pension must reach the established age (women - 55 years; men - 60). In case of old age, a labor pension is paid if you have five years or more of service.

In addition, depending on the type of pension, there are other conditions for receiving payments. Thus, all incapacitated citizens who were dependent on the deceased or deceased can receive survivor benefits. However, such persons cannot exercise the right to receive a labor pension in the event of committing illegal actions against the breadwinner. For example, if a daughter killed her father in order to receive payments.

Pension legislation provides a list of persons entitled to receive this type of payment:

  1. Children and grandchildren, brothers and sisters of the breadwinner who have not reached the age of majority.
  2. One of the relatives, including the spouse, if he is caring for a child or a disabled citizen.
  3. Grandfathers and grandmothers who have reached retirement age.

In this case, dependents are recognized as persons whom the deceased fully provided for or allocated funds that were the only source of subsistence for the former. It is important to take into account that the survivor’s labor pension is preserved even if you marry in the future.

About the experience

Chapter 3 of the Federal Law “On Labor Pensions in the Russian Federation” is devoted to work experience. This section pays special attention to periods of work that are officially counted as seniority. Thus, an indispensable condition for receiving a labor pension is the employer’s contributions to the Pension Fund of the Russian Federation. For example, if you worked for 5 years for an entrepreneur who gave your salary “in an envelope,” then for this period you will not be able to claim a labor pension; in fact, you have no right to it.

In addition, the law in a separate article draws attention to other periods that can be counted by the legislator. This chapter also indicates the procedure for calculating and confirming the insurance period.

About the amount of payments

Pension legislation, reflected in the law under consideration, fixes the amount of required payments. Article 14 presents a number of formulas, thanks to which each citizen will be able to calculate the amount of payment due to him. In order for the calculations to be correct, you need to know the following indicators:

  • the amount of the estimated pension capital;
  • fixed amount of old-age labor pension;
  • the number of months of the expected payment period, which is 19 years (no matter how sad it may sound, for each pensioner the state has actually determined the life expectancy - 228 months, or 19 years).

At first glance, these indicators seem terribly incomprehensible, but any bank, tax service or single information center will explain the calculation algorithm to you in a matter of minutes. Among all, this chapter is the most extensive, as it contains a huge number of formulas and fixed payment amounts.

And in conclusion...

As for articles 18 to 32 inclusive, they are devoted to recalculations, assignment, revision of pension payments, as well as the procedure for issuing and receiving pension accruals. These provisions apply to a greater extent to the activities of municipal and state bodies that provide customer service.

In addition, these chapters discuss rare cases of recalculation in the event of errors, violations of the law, or inattention by an employee of the pension center. The fifth chapter draws attention to such nuances as the method of delivery of the pension, who pays it, and whether a citizen has the right to receive it when working.

Article 19 draws attention to the timing of payment, for example, a labor disability pension is paid from the day of recognition as a disabled person, if he applied to the relevant authorities before the expiration of 12 months after the assignment of such status.

The Law on Labor Pensions regulates the procedure for obtaining pension benefits for a special category of citizens. This article will discuss Federal Law No. 173-FZ of December 17, 2001, as well as some other laws in the field of pensions.

Important! It should be immediately noted that Federal Law No. 173-FZ of December 17, 2001 “On Labor Pensions in the Russian Federation” does not apply starting from January 1, 2015. The exceptions are the rules governing the calculation of the size of labor pensions and those that are used to determine the size of insurance pensions.

Download the Federal Law on Labor Pensions with the latest amendments

The law refers to employees who have already reached retirement age and have the length of work required by law. The law also establishes the types of pensions and categories of citizens who can receive them.

In addition, the law on labor pensions regulated the following issues:

  • conditions for receiving pension benefits and the procedure for its calculation and delivery;
  • the procedure for calculating deductions from pension payments;
  • the procedure for calculating pension amounts directly.

Law on Labor Pensions - structure of the normative act

The document consists of 7 chapters and 32 articles:
Chapter I. General provisions

  • Article 1. Legislation of the Russian Federation on labor pensions
  • Article 2. Basic concepts used in this Federal Law
  • Article 3. Persons entitled to a labor pension
  • Article 4. Right to choose a pension
  • Article 5. Types of labor pensions
  • Article 6. Financial support for the payment of labor pensions (parts of the old-age labor pension)

Chapter II. Conditions for assigning labor pensions

  • Article 7. Conditions for assigning an old-age labor pension
  • Article 8. Conditions for assigning a disability pension
  • Article 9. Conditions for assigning a labor pension in case of loss of a breadwinner

Chapter III. Insurance experience

  • Article 10. Periods of work and (or) other activities included in the insurance period
  • Article 11. Other periods counted in the insurance period
  • Article 12. Procedure for calculating the insurance period
  • Article 13. Calculation rules and procedure for confirming insurance experience

Chapter IV. Amounts of labor pensions

  • Article 14. Amounts of old-age labor pensions
  • Article 15. Amounts of disability pension
  • Article 16. Amount of labor pension in case of loss of a breadwinner
  • Article 17. Determination, recalculation, indexation and adjustment of the size of labor pensions
  • Article 17.1. The share of the insurance part of the old-age labor pension, established in addition to the long-service pension for federal state civil servants
  • Article 17.2. The share of the insurance part of the old-age labor pension established in addition to the long-service pension for citizens from among the flight test personnel

Chapter V. Assignment, recalculation of amounts, payment and delivery of labor pensions

  • Article 18. Procedure for assignment, recalculation of amounts, payment and delivery of labor pensions
  • Article 19. Deadlines for assigning a labor pension
  • Article 20. Terms for recalculating the amount of labor pension
  • Article 21. Suspension and resumption of payment of labor pension
  • Article 22. Termination and restoration of labor pension payments
  • Article 23. Terms of payment and delivery of labor pension
  • Article 24. Payment of labor pensions to persons leaving for permanent residence outside the territory of the Russian Federation
  • Article 25. Responsibility for the accuracy of information necessary for establishing and paying a labor pension
  • Article 26. Deductions from labor pension

Chapter VI. The procedure for preserving and converting (transforming) previously acquired rights

  • Article 27. Retention of the right to early assignment of a labor pension
  • Article 27.1. Early assignment of labor pensions to citizens from among flight test personnel
  • Article 28. Retention of the right to early assignment of a labor pension to certain categories of citizens
  • Article 28.1. Summing up the length of service in relevant types of work and reducing the age giving the right to an old-age pension for persons who worked in the Far North and equivalent areas
  • Article 29. Recalculation of labor pension amounts based on pension file documents
  • Article 29.1. The amount of the estimated pension capital of the insured person, taking into account which the amount of the labor pension (the insurance part of the old-age labor pension) is calculated
  • Article 30. Assessment of pension rights of insured persons
  • Article 30.1. Valorization of the value of the estimated pension capital of the insured person, calculated when assessing his pension rights
  • Article 30.2. Determining the size of the labor pension taking into account the amount of valorization
  • Article 30.3. Recalculation of the amount of labor pension in connection with a change in the amount of the estimated pension capital calculated when assessing the pension rights of insured persons and (or) a change in the amount of valorization

Chapter VII. The procedure for enacting this Federal Law

  • Article 31. Entry into force of this Federal Law
  • Article 32. Entry into force of the expected period for payment of labor pension established by this Federal Law

Important! The provisions of the law on labor pensions became invalid after changes were made to the legislation. For example, after the provisions of the law on insurance pensions come into force, the provisions of the law under discussion are valid only to the extent that does not contradict this innovation.

Changes in pension legislation

In 2004, the Supreme Court adopted a ruling according to which every citizen of the Russian Federation has the right to expect that a pension will be assigned in accordance with the legislation that was in force during the period of working activity. That is, if a citizen has observed all the pension reforms taking place from 1990 to 2015, then the assignment of a pension will take place on the basis of all three laws.

With the pension reform of 2015, two new federal laws came into force at once - On insurance pensions and funded pensions; accordingly, the Law on Labor Pensions, for the most part, ceased to apply.

Federal Law No. 400-FZ “On Insurance Pensions”

The Law on Insurance Pensions was adopted due to the need to create an appropriate base for each type of pension. The main change affected the conditions for assigning old-age insurance pensions, where significant changes took place:

  • instead of the previously required 5 years of experience, an annual system of increasing length of service was introduced from 6 (2015) to 15 years (2024);
  • the concept of a fixed payment appeared instead of the previously existing “fixed base amount”;
  • the influence of the individual pension coefficient appeared, the value of which should be at least 30 at the end of the transition period.

Also, the law on insurance pensions provides for an increase in the fixed payment in the case when a citizen does not retire voluntarily when he is already entitled to it.

Federal Law No. 424-FZ “On funded pensions”

A funded pension is a monthly cash payment calculated based on the funds in a special part of the personal account of the insured persons. According to Article 4 of this law, citizens who have an amount equal to at least 5% of the amount of the insurance pension on the main personal account are kept in a special part of their personal account. If a person has an amount less than 5% of the insurance pension in his savings account, the citizen has the right to receive this entire amount in full (at one time).

The legislative document establishes that the size of the funded pension can be increased with the help of additional contributions and contributions at the initiative of the employer, additional payments of maternity capital, as well as under the pension co-financing program.

The pension system has undergone enormous changes since Soviet times.

Today, the pension system is steadily moving towards the Western model. Improvements in this area are being made gradually and steadily. Along with this, the very formation of future social payments has also changed. And their size can now depend not only on the level of income received and the number of years worked, but also on the methods of their formation.

In 2017, each citizen can determine for himself how he will form his savings for old age. You can trust the state, as before, by contacting a state-scale management company. But there are other possibilities, for example, by forming savings in a non-state pension fund or together with private management companies.

The formation of pension legislation in Russia has clear time milestones. Until the 90s of the twentieth century, old-age pensions were assigned by the state without reference to the level of income received by the former employee. was installed once and did not undergo any changes over all subsequent years. This state of affairs was due to the absence of inflation and the fact that the deductions themselves were formed in a different way, namely deductions from enterprises and budget financing.

Since 1990, changes began in this area, various bills were considered, because pensions required indexation due to the constant rise in prices. This year, the Pension Fund was formed, which began to receive monthly contributions from legal entities and individuals, due to which regular pension accruals were made. In addition, the calculation itself has changed significantly. And already in 1992, non-state pension funds were introduced, which allowed working citizens to accumulate funds for old age.

In subsequent years until 2000, the situation in this area was extremely difficult, despite the number of reforms carried out. But with the beginning of the 11th century, pension reform took new turns, gradually stabilizing the situation.

Law “On Labor Pensions in the Russian Federation”

The legislation on labor pensions in the Russian Federation for many years was regulated by 173 Federal Laws. The Federal Law on Labor Pensions in the Russian Federation 3 173-FZ was adopted on December 17, 2001.

This law combined many bills, proposing a fundamentally new approach to the formation. In particular, pensions began to be divided according to the reasons for receiving them. They can be obtained not only upon reaching retirement age, but also upon disability and the loss of a breadwinner.

The benefits are made up of several different parts:

  1. The basic part is the minimum that can be claimed under certain conditions.
  2. Insurance, which directly depends on the duration of contributions to the pension fund.
  3. , allowing you to independently adjust the level of funds set aside for old age.

In 173-FZ, the concept of periods that are considered insurance periods was adjusted, and therefore should be counted when calculating pensions. According to this law, not only the periods actually worked are taken into account, but also the time when:

  • the citizen served in compulsory military service;
  • the woman was caring for a newborn;
  • care was provided for a disabled person of the first group or an elderly person;
  • the person was listed as unemployed and received benefits, etc.

The only condition for the implementation of this offset during the insurance period is the presence of official employment before the specified period or immediately after it, regardless of its total duration.

Law “On Insurance Pensions”

In 2015, the new law “On Insurance Pensions” No. 400-FZ came into force. It is based on a new approach to the formation of pension benefits. The manual will now consist of two parts:

  1. Cumulative amounts.

The insurance part is the funds that the employer pays monthly to the budget for each of his employees. The rate of such deductions is 22%. The specified amount is automatically divided into two unequal parts:

  1. 6% - this is the amount that can be allocated for immediate investments in various projects. That is, this money can work and generate profit, which can subsequently significantly increase the benefits paid.
  2. 16% go straight to the insurance part.

At the request of the employee, all 22% can be immediately transferred to the insurance portion, bypassing the stock market.

Savings can be accumulated in state or non-state management companies . The choice remains solely with the citizen. If non-state companies are selected, then these funds are invested in stock markets, bringing profit to both companies and investors, that is, citizens who contribute these savings.

Is Law No. 173 currently applied?

The Law on the Assignment of Labor Pensions No. 173-FZ was actually replaced by the Law on Insurance Pension Benefits No. 400-FZ. This happened in 2015. But the adoption of the new Law did not completely repeal the previous Federal Law No. 173. In fact, today these two documents are in force. The latest edition, No. 400, is considered fundamental. All points that coincide with the previous Federal Law are now interpreted only in the new edition. But those paragraphs in Federal Law 173 that were not affected by the changes are still in effect today in the same wording. The rules that describe the procedure for calculating the amount of pension benefits remained unchanged.

It should be borne in mind that if any of the previously described norms were established in the new Law, then the one described in Federal Law 400 applies.

In fact, although No. 173-FZ has lost its effect, some of its points are still applied under.

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