Amount of old-age insurance pension. IPC (individual pension coefficient): calculation features, formula

Most people face difficulties in determining the size of their future pension. They have a question about how to calculate old age pension?

Main parameters affecting the size of the pension

There are several requirements of the Pension Fund for applicants:

• a person must have seniority at least 8 years;
• the minimum score is 11.4.

Elderly people who do not meet these criteria are entitled to social payments. There are categories of people who have the right to early exit on retire. How to do it right calculate old age pension for women? You can do this directly on our website.

How the formula for calculating pensions has changed

in 2017? When calculating benefits, specialists take into account the following indicators:

1. The amount of the IPC, which depends entirely on employer contributions.
2. Premium odds that allow you to increase your payout. They were developed to prevent older people from applying for a pension immediately after reaching the appropriate age. In this way, the state seeks to reduce the burden on the budget.

A new formula is used to calculate benefits:

SP = IPC x SIPC x K + FV x K, where:

• SP - the amount of old-age insurance pension;
• IPC - the number of points earned by an elderly person;
• SIPC - the cost of the IP, which is adjusted in accordance with inflation;
• K is the value of the coefficient that is used for later retirement;
• PV - funds that are paid to all categories of pension recipients.

To determine the IPC, you can use the following method:

IPC = SV / SVmax x 10, where:

• SV - funds transferred by the employer as insurance contributions. Moreover, the tax base is adjusted annually.
• СВmax - what is the maximum amount of contributions that can be used when calculating a pension.

To earn a sufficient amount of IPC, you must receive an official salary. However, some employers still prefer to pay employees in cash in “envelopes”. In this case, contributions are not credited to the account of the insured person. The absence of pension points does not allow a person to qualify for an insurance pension.

IPC cost

On one's own? To do this, you need to know the current cost of the IPC. Federal authorities annually index the price of a pension point. In 2017, the IPC value reached 78.28 rubles.

What factors determine the amount of fixed payments?

The state-guaranteed amount is calculated taking into account several circumstances:

1. The presence of dependents who are in the care of an elderly person.
2. People who have been declared disabled can count on increased pensions.
3. Fixed payments are increased for a group of people who have worked in the Far North for at least 15 years.
4. To reduce the budget deficit, the federal authorities decided to introduce bonus coefficients. They apply to people who retire later due date. Moreover, the size of the coefficient is set taking into account the deferment period.

If you do not retire for 10 years and continue to work, you can increase the size of fixed payments by 2.1 times. However, many Russians are skeptical about the idea of ​​delaying their pension. The reason for this decision is that the majority of residents of the Russian Federation do not live to see 66 years of age.

How to determine your pension amount yourself

To do this, you need to know the size of the official salary. If a person plans to delay retirement, then it is necessary to use a bonus factor. The difficulty in calculating pensions lies in the fact that the state regularly indexes the main indicators.

The future pensioner has to look for up-to-date information about the cost of the IPC and the amount of the fixed payment. Under these conditions, many users experience difficulties. They do not know, how to calculate old age pension in 2017 year. At self-determination In determining the size of benefits, a person is faced with the fact that his salary is constantly changing.

To simplify the process of calculating your pension, you can use an online calculator. However, with its help it is impossible to obtain the exact amount of payments. There is a need to carry out independent calculations. To understand the mechanism for calculating pensions, you can consider the following case.

Calculation example

After graduating from university, a person got a job at the age of 24. He was offered an official salary of 35 thousand rubles. The man worked at the company until retirement age. The length of work experience will be: 60 – 24 = 36 years.

Now let’s determine the number of pension points that a man has earned in a year. It must be taken into account that the person refused funded pension:

(35,000 x 12 x 0.16) / (876,000 x 0.16) x 10 = 67,200 / 1,401,600 = 4.79 points

• 12 – number of months in a year;
• 0.16 – tariff that employers transfer to the Pension Fund;
• 876,000 is the maximum amount in 2017 that is subject to taxes;

From here, we determine the number of points that an elderly person will earn:

4.79 x 36 = 172.44

Let's multiply the number of IPK by their value in 2017:

172.44 x 78.58 = 13,550.33 rubles.

To the amount received we add the state-guaranteed payment:

13,550.33 + 4,805.11 = 18,355.44 rubles.

How to find out the amount of a funded pension

To calculate old age pension in 2017 you need to know the tariff rate that is used when calculating insurance payments. Enterprise managers pay 16% of their employees' salaries monthly to the Pension Fund.

Of this, 6% is used to form the funded part of payments. The remaining amount is intended to accrue the insurance portion of the pension. In 2015, the authorities decided to suspend the option of choosing funded payments. The peculiarity of the situation is that the pension amount is not subject to indexation.

To determine the amount of savings payments, you can use the following formula:

NP = PN / T, where:

• PN - the sum of all payments that have been received into the personal account of an elderly person. When calculating, you need to take into account funds generated through maternity capital and government benefits.
• T - period of formation of a funded pension.

For example, an elderly person has 245,000 rubles in his personal account. The payment period is 228 months. To determine the amount of a funded pension, it is enough to divide 245 thousand rubles by 228.

245,000 / 228 = 1074.56 rubles.

without turning to specialists

The applicant can find out the size due payments in the personal account of the Pension Fund. To gain access, you must register on a website that provides the opportunity to use government services. Many users do not know how to calculate old age pension. Calculator presented on the website helps simplify the procedure for determining the amount of payments.

How long will you have to work to qualify for a certain pension amount?

To achieve an increase in your future pension, you need to know the procedure for calculating it. When calculating payments, experts take into account not only the level of a person’s salary.

The amount of the benefit is affected by the fixed payment and the cost of the IPC. The calculation of pensions may be increased if a person worked in the Far North. The amount of payments depends on the bonus coefficients.

For example, a candidate would like to receive a pension in the amount of 18 thousand rubles. Upon conclusion employment contract his salary was set at 40 thousand rubles. It is necessary to determine the length of work experience and the level of salary that are necessary for the calculation of such benefits.

18,000 – 4,805.11 = 13,194.89 rubles.

In this formula, 4,805.11 is the amount of the fixed payment that is valid in 2017.

The number of pension points can be found by dividing the resulting amount by the cost of the IPC:

13 194,89 / 78,58 = 167,91

The amount of insurance payments to be transferred to the Pension Fund will be:

167.91 x 876,000 x 0.16 / 10 = 2,353,426 rubles.

We divide this value by 0.16 and get the amount of income that a person should earn in his entire life:

2,353,426 / 0.16 = 14,708,916 rubles.

The length of service will be 14,708,916 / (12 x 40,000) = 30 years.

Advantages and disadvantages of determining payouts using an online calculator

To calculate an old-age pension for a woman 1962 year of birth, you must enter all the parameters into the calculator. Most people are not specialists who are well versed in pension law. Thanks to the calculator, you can quickly calculate the amount of payments. To do this, just enter the following information:

• gender of the applicant;
• year of birth of a person;
• are employer contributions used to form the funded part of the pension;
• duration of military service and child care;
• number of dependents;
• salary level;
• how many years a person plans to work.

The script will independently calculate the pension amount. If desired, the user can print the results. The disadvantage of the calculator is that in this way you can only determine the approximate size of your future pension. It is impossible to calculate all the parameters that specialists use when calculating payments.

Conclusion

The online calculator simplifies the process of calculating your pension. However, the obtained figures cannot be called accurate. To determine the correct payout amount, it is best to use a formula. If necessary, a person can consult with specialists of the Pension Fund.

Didn't find the answer to your question? Ask a lawyer

Since 2015, citizens' pension rights are based on pension points. All pension rights previously formed in rubles were converted into pension points without reduction, the website reports

Pension point in rubles in 2018

The pension point in rubles in 2018 is equal to 81.49 rubles

Insurance pensions, including fixed payments, for non-working pensioners will be increased by 3.7% from January 1, 2018, which is higher than the forecast inflation rate of 0.5%. The size of the fixed payment after indexation will be 4,982.9 rubles per month, the cost of the pension point will be 81.49 rubles (in 2017 – 78.58 rubles). The average annual old-age insurance pension will increase to 14,075 rubles (161.3% of the pensioner’s subsistence level).

Pension point fixed payments in rubles in 2018

State pension pensions, including social ones, will be increased by 4.1% for working and non-working pensioners from April 1, 2018. As a result, the average annual size social pension will increase to 9,045 rubles (103.7% of the cost of living of a pensioner). The average social pension for disabled children and people with disabilities since childhood of the first group will be 13,699 rubles.

Source: Pension Fund of Russia, official website

Pension point in rubles in 2017

When assigning a pension, the number of points recorded in the pensioner’s personal account for all years labor activity and for non-insurance periods, is multiplied by the cost of one coefficient established by the Government, established in rubles. This is how the size of the insurance pension is obtained. From April 1, 2017, one pension point costs 78.58 rubles.

What will the pension be in Russia in 2018, the site reports

Insurance pension for old age is assigned subject to reaching retirement age: 60 years for men, 55 for women. Some categories of workers are entitled to early retirement. Age is not the only condition for granting a pension. Another factor is the length of service of a certain duration that must be accumulated during working life. In 2017, 8 years are enough for those retiring, but the minimum required length of service increases every year. By 2024, it will reach 15 years, in accordance with the Law “On Insurance Pensions”.

The third condition is the presence of a minimum amount of pension points. From 2025, every citizen retiring will have to “show” at least 30 points.

The number of accumulated points is calculated from accrued and paid (the employer pays for the employee) insurance contributions to the compulsory pension insurance system, as well as the length of work experience. For each year of work of a citizen, he or she develops pension rights in the form of pension points. Maximum amount There will be 10 pension points per year starting from 2021; in 2017 you can accumulate no more than 8.26. You can calculate how many points a person can receive in a year at a given salary level on the main page of the Pension Fund website.

According to the new law, along with periods of work, periods of caring for children until they reach the age of 1.5 years are counted in the insurance period of one of the parents, but in total no more than 6 years (in other words, no more than 4 children are taken into account in the pension rights of one parent). At the same time, according to clause 12 of Art. 15 of the new law the number of pension points awarded for full calendar year childcare will vary depending on the order of their birth (maximum points are awarded for the third and fourth child- see table).

Recently, pension reform has undergone so many changes that it’s easy to get confused in the numbers. Who gets it and how much? Those who first asked this question immediately come across another very interesting definition: pension points. What is this and what does it have to do with the amount offered to us by the state for old age? We will talk about this and more today.

Pension points: what are they, how are they calculated, how much will pensioners need for retirement?

With the adoption of the Federal Law “On Insurance Pensions,” a new procedure for receiving money “for old age” has entered our lives. Now the number of banknotes you receive upon reaching a certain age will depend not so much on the years worked, but on such a thing as pension points. What it is?

All experience accumulated by a person by the time hour X arrives is recalculated into points. Their totality is called the individual pension coefficient, abbreviated as IPC. Thus, the pension is calculated as follows:

P = F + N + B*Sb

• P – pension;
• F – fixed amount, established annually by the state;
• N – accumulative part pensions for those for whom it is formed;
• B – number of pension points;
• Sat – the cost of 1 pension point in the current year.

Changes in pension legislation continue to be one of the most discussed topics, since the government’s “optimization” of calculation methods pension accruals leads to the development of increasingly complex formulas.

Today, not every citizen - working or already old - can clearly formulate how exactly his pension is formed, what amount he will receive, for example, a year after retirement, whether the pension will be preserved in the event of the loss of a breadwinner, etc.

One of the innovations in 2015 was the introduction of the practice of using pension points - another “variable” that is designed to influence the amount of pension benefits paid, in particular, insurance pensions. What it is? How does the number of pension points affect the size of the insurance pension? What is the value of a pension point in 2017, and can it change?

What are pension points and how to calculate them?

Before considering the issue of pension points, their quantity, value and accumulation periods, it is necessary to remember the basic formula for calculating pensions. Today it can be represented as follows:

Pension = Fixed payment + Funded part + Insurance part

• The fixed part of the pension is set by the state, but can be changed by multiplying it by a bonus or individual pension coefficient (used when retiring later than the official retirement age).
• The funded part has several options for its formation, among which citizens have the right to choose the most suitable one (including one that does not depend on the age of retirement or the amount of work experience).
• The insurance portion (or insurance pension) is calculated based on the number of pension points multiplied by the value of one pension point. Thus, pension points introduced since January 2015 affect only insurance part general pension payment.

For reference: in Russia you can retire upon reaching the age of 60 for men and 55 for women. At the same time, as you get closer to old age, your “retirement age” can be increased. This is called a “deferred pension” when a citizen at will can extend the period of working experience by 5 years or 10 years. This solution will allow him to use the coefficient for calculating the fixed part of the pension:

• for 5 years – coefficient 1.36;
• for 10 years – coefficient 2.11.

Every officially employed citizen earns pension points through deductions of appropriate amounts to the Pension Fund (from 2017 - to the Federal Tax Service). In other words, their number directly depends on how much money the employer transferred in monetary terms in the form of 22% of the accrued wages (remember that 6% goes to the formation of the fixed part, 16% to the insurance pension).

Since Russian legislation uses the practice of applying maximum contribution values ​​(for example, in 2017, the tax base cannot exceed 876 thousand rubles, that is, the maximum annual amount transferred to form an insurance pension cannot exceed 876,000 * 0.16 = 140,160 rubles), the calculation formula the number of pension points that a citizen can receive in 2017 will look like this:

Actually transferred amount / 140160 * 10

For example: for 2017, Ivanov’s employer I.I. transferred 70 thousand rubles to the tax service as a mandatory 22 percent payment. Accordingly, only 16% or 50,909 rubles went to the insurance part of the future pension. The number of pension points that Ivanov I.I. will receive for 2017 will be equal to:

50909 / 140160 * 10 = 3,6

Thus, throughout the entire period of his working life and as he approaches old age, this citizen will “collect” points, which, upon reaching retirement age, will be taken into account when paying an insurance pension.

About the cost of a pension point

The size of the insurance pension depends on the number of points and their value, which is revised upward annually. At the same time, when performing calculations, the principle of using those values ​​of value that were in effect at the time of accrual of pension points is used. Points earned by citizens before January 1, 2015 are worth 64.1 rubles. In 2016, the rate increased to 74.27 rubles. The cost of each pension point that will be accumulated in 2017 is set at 78.58 rubles.

Accrual of pension points in 2017

Current pension legislation establishes a minimum at which an insurance pension cannot be paid. In 2017 this is 11.4 pension points. Every year this bar is raised by 2.4 points, i.e. by 2025, when it is planned to evaluate the results of the work pension reform, to receive an insurance pension, a citizen must have accumulated at least 30 pension points (and a total period of work experience of at least 15 years).

Simple calculations show that the maximum that can be accumulated in 2017 is 8.26 points. This is exactly how much a citizen who earns more than 876 thousand rubles in a year will receive. There is also the concept of a minimum: an annual salary of up to 87.5 thousand rubles (the amount needed to receive one pension point in 2017) will not allow you to save anything. Accordingly, citizens with such a low annual income and short period of service risk at some point depriving themselves of their insurance pension, including in the event of the loss of a breadwinner. It is this fact that many observers call the main drawback of the past pension reform.

About the purposes of introducing pension points

And individual pension coefficients, and points, and the ability to choose methods for forming the funded part of a pension - all this aims to give a citizen who has lived to old age exactly the pension that he actually earned. The insurance part of such payments may objectively have the greatest weight in the total amount, therefore the introduction of pension points is intended to encourage future pensioners to work officially and earn a decent “white” salary.

Officials often remind citizens that Russia is a social state, where a lot of benefits, allowances and preferences are provided (additional payments for length of service, in case of loss of a breadwinner, etc.)

At the same time, it is argued that previously the principle of social equalization of citizens was often applied in practice: citizens who worked all their lives often received only slightly more than those who had much less work experience.

Pension points that affect the size of the insurance pension are designed to make the principle of accruing funds to persons who have reached old age more fair.

Until January 2015, system activity pension provision legally regulated by Federal Law No. 173 of December 17, 2001 “On labor pensions in the Russian Federation”. Before the start of the new stage of the reform, the insurance pension was called labor and consisted of two parts: insurance and funded.

In connection with the next stage of reform of the pension system, which started at the beginning of 2015, there was a transition to fundamentally new provisions for its functioning, with the introduction of new concepts and changes in the calculation formula.

However, reform has not yet brought desired result and the Pension Fund budget deficit continues to grow despite the conditional acceptance Federal Law dated December 14, 2015 No. 383, the decision to extend the moratorium on the formation of pension savings until the end of 2017 and the abolition of indexation of pensions for working pensioners.

Insurance and funded part of the pension in 2015

Currently, when the insurance and savings parts labor pension become its individual types, their appointment and calculation are carried out separately after contacting the Pension Fund with the relevant applications.

Legal regulation of the procedure for calculating and establishing a funded pension is carried out by the relevant law No. 424 of December 28, 2013.

The introduction of the IPC into the formula is a new condition obliging future pensioners not only to have sufficient work experience, but also to ensure timely receipt of contributions to the Pension Fund.

The use of a PC when calculating pensions makes it possible to increase the interest of citizens in the payment by employers of contributions to the Pension Fund budget established by law.

IPC is calculated Every year based on the amount of compulsory pension contributions paid to the Pension Fund during the period of employment. Calculated as follows:

IPC = SV / MSV × 10,

• NE- the amount of insurance premiums made for the year in which the calculation occurs;
• MSV- 16% of the maximum contribution base (in 2016, 796 thousand rubles).

On April 1 of each year, by decree of the Government of the Russian Federation, the cost of one point for the next period is established. From February 1, 2017 it was set at 78 rubles 28 kopecks.

The cost increase can be carried out twice a year:

• February 1, depending on inflationary processes in the economy.
• April 1 of each year and depends on the state of the Pension Fund’s budget.

Fixed payment to the insurance pension

In the course of further reform of the pension system, instead of base size insurance part, since 2015 the concept fixed payment (FV).

The fixed payment is set at a fixed amount and indexed by a coefficient established by a Government decree annually.

Taking into account the indexation that was carried out in 2017, the PV was set at 4805.11 rubles. This value will be set until the next indexation.

Upon appointment pension payments for certain groups of pensioners, increasing coefficients are applied, the value of which for PF and insurance pensions differs depending on the category of the recipient.

The increase coefficient to the fixed payment, in accordance with Article 17 of the Federal Law of December 28, 2015 No. 400, is applied when assigning an old-age insurance pension:

• those who have reached 80 years of age;
• who are dependent on the persons listed in clauses 1, 3, 4 of part 2 of article 10 of the law “About insurance pensions”;
• have worked for at least 15 years at RKS;
• residents of the Far North.

Minimum old-age pension in 2017

Since 2017, the minimum insurance period required when assigning an old-age insurance pension is 8 years, and the value of the individual pension coefficient should reach 11.4 points with an annual increase in its value by 2.4 points until it reaches 30 points (Part 3 of Art. . 35 Federal Law N 400). The size of your future pension will directly depend on the number of points. The calculation of the amount of payments with minimum requirements is given in the example below.

IN Russian legislation missing concept « minimum pension» , since its size depends on many factors. However, she cannot be less than the subsistence level (LM), established for pensioners in the region of residence.

If, during the calculation, after applying all the allowances and coefficients, the pension turns out to be below the minimum wage, then a social supplement is assigned. Such an allowance is paid to the pensioner only after he applies to the Pension Fund authorities with a written application for its appointment.

In 2016, the cost of living for pensioners in the country was set at 8,803 rubles; in 2017, the law on the federal budget reduced it to 8,540 rubles. At the same time, the regions independently determine its size and, on its basis, establish regional surcharges. Working pensioners cannot count on social supplements.

Considering that the size of the fixed payment for 2017 is 4805.11 rubles, and the cost of one pension coefficient by decision of the Government is set at 78.28 rubles, we calculate the minimum assigned age insurance pension:

4805.11 + 11.4 × 78.28 = 5697.50 rubles.

This value is below the subsistence level (8,540 rubles in 2017), therefore, when assigning this amount of payments, you can apply for the establishment of a social supplement, which will increase the size of the pension payment.

When is a funded pension assigned and how is it calculated?

• 234 months in 2016;
• 240 months was established in 2017.

If a citizen delays applying for a funded pension for a year upon reaching retirement age, then the expected period will be reduced by 12 months, which will increase the size of the monthly pension payment.

The duration of the expected period is established by Article 17 of Federal Law No. 424 of December 28, 2013 “About funded pension” and is determined annually based on statistical data on the life expectancy of pensioners.

Payments of pension savings are made simultaneously with the insurance pension. The delivery method is determined by the pensioner himself at his own discretion.

Insurance today uses a special formula to determine the amount of payments that pensioners will receive. Many people think that calculating the amount has become more difficult, but this is not so. In order to figure out what payments a pensioner can count on, it is enough to determine. For this, it is not necessary to contact specialists, since today all data is in the public domain. Let’s try to independently determine the IPC and the amount of the expected pension.

The essence of the coefficient

Back in 2013, it was decided to divide the pension received by citizens of the Russian Federation into 2 parts: funded and insurance. The first component of payments is calculated in the same way as before the reform. This means that everyone born after 1967 will have a funded part of their pensions.

Another thing is with insurance charges. Now this part of the payments is determined by a special formula for calculating the individual pension coefficient, according to which each citizen receives a certain number of points for the entire period of work. The main condition, as before, is that the employer pays certain contributions annually for each employee.

Computations

The coefficient is determined by dividing two quantities:

• The numerator represents all contributions that were paid by the employer for the year. In this case, payments can be made at one of two currently existing tariffs (10% or 16%).
• Ten times the amount of insurance payments for the year is used as the denominator. This takes into account the size of the salary.

The maximum value of this indicator is determined by government agencies. To date wage, from which pension contributions can be taken, can be no more than 80% higher than the average salary in the country.

The employer is obliged to pay pension system 22% of the employee's salary. Moreover, 6% of this amount is a mandatory part. The remaining 16% can be divided into several shares (depending on the wishes of the employee). Most often, 6% is allocated to the funded part of the pension, and 10% goes to the insurance account. However, if the employee wishes, all 16% can be left for the insurance portion. In this case, the maximum will be 10 by 2021. If a cumulative part is formed, then this value will already be equal to 6.25. Today, the maximum value of the IPC cannot exceed 7.39 if we are talking about 10% for the insurance part and 4.62, provided that all 16% is allocated to insurance.

Features of pension calculation

After the introduction of the individual pension coefficient, the algorithm for calculating funds for elderly people changed. The old model implied that the billing period cash payments cannot exceed 19 years of age. However, such an approach could destabilize the insurance system. That is why a new model was developed, which is based on the number of points scored during work.

Based on the amount of the individual pension coefficient, the insurance share of the pension can be calculated. This value also includes special social charges that were made for certain periods.

If a citizen retired later than the accepted period, then the IPC is additionally multiplied by another value, depending on the excess of the period of work. Also, fixed bonus payments, if any, are added to this amount.

The maximum and minimum value of the IPC in 2017

The individual pension coefficient taken into account when calculating a pension has acceptable limits. If a pensioner refuses the funded part and transfers everything in favor of the insurance share, then the IPC will grow annually and reach 10. If the pension is divided into 2 parts, this value will reach 6.25. However, when the reform started in 2015, all groups of pensioners had the same maximum individual pension coefficient (equal to 7.39).

For 2017, one IPC point costs 78.75 rubles, and fixed pension amounted to 4813 rubles. To start receiving payments at a higher rate, a citizen must confirm work experience (at least 8 years) and have at least 11.4 points. These numbers will change slightly next year. In order to receive the insurance part of the pension in 2018, you will need to confirm that you already have 9 years of work experience and receive at least 13.8 points in reserve.

By 2025, the minimum IPC threshold will be about 30 units. Accordingly, if a citizen does not score the required number of points, then he can only count on minimum payments at the base rate.

Individual pension coefficient: calculation formula

(FV*KPV)+(IPK*KPV*SPK)=SP

According to this calculation, the fixed payment is multiplied by the bonus factor. The latter is accrued upon later retirement. After this, the number of points accrued is multiplied again by the bonus payment coefficient and by the cost of one unit of the IPC. After this, the values ​​are added up and the final value of the insurance pension is obtained.

According to this formula, it becomes obvious that retiring a little later is much more profitable.

Example

Let's look at the calculation of the individual pension coefficient in more detail. Let’s assume that a certain citizen Petrova worked as a technologist and is now planning to retire. In 2016, she filed everything Required documents V Pension Fund, who credited her 6099 rubles. insurance part of the pension and 4001 rubles. one-time payment.

To calculate points, you need to clarify how much the cost of 1 unit of IPC was at that time. In 2016, this value was 71.41 rubles. Based on this, it is enough to divide the insurance part of the pension by the coefficient. The result is 85.4 - this is the number of points earned.

However, it is worth considering that citizen Petrova worked not only after the pension reform, but also before that. Based on this, it is necessary to add up the IPC until 2015 and a similar coefficient after this period, then it will be possible to obtain the current value.

Uninsured events

When calculating the pension and coefficient, it is necessary to take into account some subtleties, which were also introduced in the new bill. These include periods when a citizen received social benefits, which were allocated to him in connection with:

• Caring for children up to 1.5 years old.
• Completing conscription service. In this case, for each year the coefficient is additionally multiplied by 1.8.
• Caring for elderly people aged over 80 years and disabled people of group 1.

Disadvantages of the system

As with any other model, the new reform has certain disadvantages. For example, today it is quite difficult to accurately calculate the amount of payments that awaits future retirees. This is due to the fact that no one knows how much 1 point will be worth in a few years. According to old model, the pension could be calculated without problems even in youth. To do this, it was enough to divide the savings over 19 years.

In addition, according to the new system, the threshold value of the number of points will increase annually. This will reduce the number of people who can count on receiving larger cash payments.

In custody

Knowing what individual pension coefficient a citizen will receive, you can approximately determine your future pension yourself. In order not to get confused by the numbers, just go to the Pension Fund website and use a ready-made calculator.