Russia has proposed to introduce quarterly pension indexation

In Russia, it was proposed to introduce quarterly pension indexation. As Izvestia found out, such a bill will be submitted to the State Duma (State Duma) on January 27 by deputies of the Fair Russia faction led by Sergei Mironov.

In an explanatory note to the draft law, which was at the disposal of Izvestia, it is reported that currently the legislation provides for an annual indexation of pensions, which takes place on April 1, taking into account the increase in the pensioner's subsistence level over the past year. At the same time, the indexation coefficient is approved by the Cabinet of Ministers.

With regard to insurance pensions, indexation is also annual, and certain parameters are increased according to special rules of Law No. 400-FZ.

"The quarterly indexation model proposed by the bill will ensure prompt protection of the purchasing power of pension payments with accelerating inflation and reduce the delay between price increases and the revision of payments, as well as ensure a more stable standard of living for pension recipients and increase the predictability of their income during the calendar year," the document says.

Mironov, in a conversation with Izvestia, said that he and his colleagues propose switching from annual to quarterly indexation, taking into account inflation rates. According to the idea, the indexation coefficient for each quarter, as he explained, will be determined by the Government of the Russian Federation based on inflation rates in the country.

According to him, Russian pensioners are tired of "lagging indexation," when nominal pension growth lags behind inflation. Therefore, the adoption of the bill will, as the head of Just Russia emphasized, contribute to improving the social protection of older citizens and other pension recipients. The approval of the initiative will also have an impact on strengthening citizens' confidence in the pension system through an understandable and regular mechanism for maintaining the purchasing power of pension payments.

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Senator Igor Murog told Izvestia two days earlier that from the beginning of 2026, funded pensions in the Russian Federation will be calculated according to new rules, according to which, from January 1, the monthly payment amount is determined according to a new formula: the amount of savings is divided into 270 months (22.5 years). According to the senator, the funded part of the pension was formed by Russians who were employed between 2002 and 2013, that is, at the expense of contributions made before 2014.

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