On 1st February labor pensions of Russians grew by 7%
On February 1st 2012 labor pensions of nearly 37 million Russian pensioners were adjusted by 7%. As a result, the average amount of the old-age labor pension has reached 9,500 rubles. As for the further growth of pensions in 2012, additional indexation of labor pensions is expected from April 1st taking into account PFR revenues raise per one pensioner and indexation of social pensions taking into account the growth rate of subsistence minimum in the Russian Federation over the past year.