The economist estimated the growth of pensions of Russians over the year

Igor Balynin, an associate professor at the Financial University under the Government of the Russian Federation, said that the growth rate of pensions among Russians turned out to be higher than the inflation rate.

As of October 1, 2025, the average old—age pension increased by 2.63 thousand rubles, which is 11.63% compared to the same period in 2024. In 2024, the average pension was 22.57 thousand rubles, and by October 2025 it reached 25.2 thousand rubles.

Balynin in conversation with aif.ru On Tuesday, November 25, he noted that the pensions of working pensioners increased especially noticeably — by 3.23 thousand rubles, or 16.86%, from 19.15 to 22.38 thousand rubles. Non-working pensioners also received an increase: their payments increased by 2.44 thousand rubles (10.42%) and amounted to 25.85 thousand rubles.

He added that the growth rate of pension payments is outpacing inflation, and for working pensioners, the increase is more than twice the inflationary level. According to the expert, this result is due to the resumption of pension indexation for working pensioners from January 1, 2025, and the indexation is calculated from a higher base, which accelerates the growth of payments.

Balynin also recalled that the annual August adjustment of insurance pensions for working pensioners, taking into account continued work and contributions, makes an additional contribution to the growth of payments.

In one bottle: low-income pensioners want to compensate for the cost of medicines

We are talking about Russians whose income is below 1.5 times the subsistence level.

On November 24, it was reported that from 2026, it is planned to increase the cost of the IPC to 156.76 rubles and a fixed payment to 9584.69 rubles. The indexation of insurance pensions by 7.6% will be carried out ahead of schedule — from January 2026, according to Life.ru .

On the same day, Nikita Chaplin, a member of the State Duma Committee on Budget and Taxes, in an interview with RT, suggested calculating the retirement date through Gosuslugi. According to him, it is important for citizens to focus on their year of birth and the availability of preferential seniority, which may give them the right to early retirement. You can find out the exact release date through the official calculator on the public services portal or get advice from the Social Fund's customer service at your place of residence. 360.ru .

At the same time, investment expert Fyodor Stepanov told Izvestia that the success of retirement savings directly depends on the investment horizon, while starting as early as possible, systematically deferring 10-20% of income to expenses.

On November 20, the State Duma adopted a law on the establishment of the minimum wage (minimum wage) from January 1, 2026 in the amount of 27,093 rubles. As a result, 4.5 million Russians should have higher salaries, IA Regnum notes.

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