State pensions, including social pensions, grew by 1.5% on April 1, 2017, to an average of 8,742 rubles (102.4% of the pensioner’s subsistence minimum). An average social pension of children with disabilities and people with lifelong disabilities of the 1st group amounted to 13,241 rubles this year.
Insurance pensions of non-working pensioners further grew by 0.38% on April 1. Together with the 5.4% pension increase of February 1, social pensions were increased by 5.8% in 2017.
As a result, an average old-age insurance pension stands at 13,655 rubles this year (159.9% of the pensioner’s subsistence minimum). The individual pension coefficient (pension point) reached 78.58 rubles on April 1.
Insurance pensions of pensioners who kept on working in 2016 will grow in August 2017. The maximum pension raise will be equivalent to three pension points.
Same as before, there will be no pensioners in Russia with a monthly income smaller than the pensioner’s regional subsistence minimum in 2017. All non-working pensioners will be receiving a social benefit to increase their pension to the pensioner’s regional subsistence minimum.