The financier told self-employed Russians about the profitable purchase of retirement experience

To receive an old-age insurance pension, rather than a social one, self-employed Russians need to make an insurance contribution to the Social Fund of Russia (SFR). This was announced on July 3 by Yulia Finogenova, Professor of the Department of State and Municipal Finance at Plekhanov Russian University of Economics, in an interview with the Prime agency.

According to her, the self-employed, paying the tax on professional income, do not contribute to the Social Fund of Russia. For this reason, upon retirement, they may fail to fulfill one of the conditions for awarding an insurance pension: the presence of at least 15 years of insurance experience and the accumulated size of the Individual Pension Coefficient (IPC) of at least 30.

So, if any of the conditions are not met, then Russians will be awarded a social pension, the amount of which is several times less than the social one. In addition, payments begin to be credited five years later.

It clarifies that those citizens who have never performed work under an employment contract are at risk. The self-employed, registered as an individual entrepreneur, paying contributions to the SFR, can expect to receive an insurance pension with a higher probability.

"In order to avoid a negative scenario regarding retirement income, the self—employed have the opportunity to make voluntary contributions to compulsory pension insurance, that is, it is possible to "buy" the missing length of service to receive an insurance pension," said Finogenova.

To acquire a length of service and a PKI, you must register as a payer of voluntary contributions to the SFR through Gosuslug or personally bring an application to the institution. In such a situation, all contributions will be made on a voluntary basis, but there are requirements for their minimum annual amount, which is at least 59.1 thousand rubles in 2025. (calculated as 22% x minimum wage x 12 months). The maximum payment is eight times higher and is 473,932.8 rubles per year.

If the lowest contribution is made, the payer will receive 0.975 IPC, and if the highest contribution is 7.799 IPC. However, in both cases, you can only purchase one year of work experience. Therefore, if a freelancer lacks 4 years to receive an insurance pension, he will need to make contributions over the same period of time.

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On July 1, Russian Prime Minister Mikhail Mishustin, during a strategic session on reducing poverty and increasing real incomes of citizens, said that starting in 2026, insurance pensions in Russia will be indexed several times a year in February according to inflation over the past year and in April, taking into account the growth of Social Fund incomes.