Pension indexation has encouraged the elderly to look for work

In 2024, the number of pre-retirement and elderly job seekers in Russia has increased sharply. The number of resumes of Russians 51-60 years old compared to 2023 increased by 13%, to 2.9 million, and the number of questionnaires of professionals over 61 years old - by 25%, to 500 thousand people, calculated for "Izvestia" in hh.ru.

Pension indexation in February: by how much payments will be raised

They will be increased up to the actual inflation rate

One of the reasons for the increased activity of pensioners in the labor market is the expectation that from 2025 the indexation of payments to working people will be resumed, explained Ludmila Ivanova-Shvets, associate professor at Plekhanov Russian Economic University. The measure has prompted those who in recent years worked informally and received increased funds from the state as unemployed to come out of the "shadow".

Natalia Milchakova, a leading analyst at Freedom Finance Global, said that another reason is that the average old-age pension in Russia amounted to only 24 thousand per month in 2024, with inflation at 9.5%.

At the same time, the demand for the elderly on the market is actively growing, so, in 2024, it doubled. Such dynamics is the highest among other age groups, calculated in hh.ru.

Russians of retirement age request salaries below the national average: women expect 50 thousand rubles, and men - 80 thousand.

"Demand for older workers will grow inevitably, as many vacancies with low wages, unfavorable working conditions and in non-prestigious professions do not entice young people," - is sure Professor of the Financial University under the Government of the Russian Federation Alexander Safonov.

Read more in the exclusive material "Izvestia":

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