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The OP talked about the possible impact of raising the minimum wage on pensions

Masharov: an increase in the minimum wage may change the purpose of future pensions
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Photo: RIA Novosti/Anton Denisov
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The increase in the minimum wage does not affect pensions that have already been awarded, but it may play a role in shaping future payments. This was announced on July 17 by Evgeny Masharov, a member of the commission of the Civic Chamber of the Russian Federation for public control and work with citizens' appeals.

"I want to say that the increase in the minimum wage does not affect the pension already awarded. The pension is indexed according to the schedule," the expert said in an interview with TASS.

He recalled that the minimum wage is the minimum wage. When working full-time, the employer does not have the right to pay an employee, including a working pensioner, less than this amount. At the same time, the minimum wage cannot be lower than the subsistence minimum. A change in the minimum wage can affect a future pension, since an increase in wages leads to an increase in contributions to the Social Fund, the expert said.

Tatiana Golubeva, senior lecturer at the Department of Business, Labor and Corporate Law at the Presidential Academy, announced on July 16 that starting from August 1, payments to working pensioners, group I disabled people and persons over the age of 80 will be indexed in Russia. According to the expert, an annual recalculation of insurance pensions will be carried out for working pensioners based on contributions received in 2025.

Переведено сервисом «Яндекс Переводчик»

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