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Putin promised to raise pensions above inflation

by alex

Putin announced the government's readiness to raise pensions above the actual inflation rate

Photo: Viktor Korotaev / Kommersant

The Russian government will do everything to fulfill the promises of previous years regarding pensions. Thus, during a large press conference, Russian President Vladimir Putin answered a question about plans to index pensions above the level of actual inflation. The event is broadcast on its YouTube channel by TASS.

He stressed that so far the authorities in general have succeeded. Putin assured that next year decisions will be made on pensions for the security bloc in order to equalize the incomes of those who work in law enforcement agencies and in power structures in general.

On Tuesday, December 21, Putin signed a law extending the freezing of the funded part of Russians' pensions until 2024. All contributions to the funded part of the pension (6 percent of wages) will go to the insurance part for payments to current pensioners.

Earlier, some State Duma deputies proposed to establish a New Year's payment in the amount of the pension received by Russians. In their opinion, such a payment will help older people celebrate the New Year with dignity and not go into debt on loans to buy gifts.

Commenting on this proposal, Minister of Labor and Social Protection Anton Kotyakov noted that this proposal has not yet been discussed in the government.

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