Proposal for a 13th Pension Payment in Russia
In a significant move aimed at enhancing the quality of life for pensioners, a proposal for the annual payment of a 13th pension on the birthday of retirees is set to be introduced to the State Duma in 2025. Deputy Speaker Boris Chernyshov announced that the revised bill will address previous legal shortcomings that prevented its consideration in 2023. The initiative aims to provide a one-time payment equivalent to a pensioner's monthly pension, which would represent an 8.3% increase in their income.
The proposed legislation seeks to extend this benefit to all categories of pensioners, including those receiving insurance pensions, state pensions, and pensions from security agencies. Chernyshov emphasized that this measure is not only a financial boost but also a gesture of the state's appreciation for the contributions of its elderly citizens.
Support and Skepticism Surrounding the Initiative
Valery Ryazansky, Chairman of the Union of Pensioners of Russia, expressed general support for the initiative, acknowledging the financial struggles many pensioners face. However, he voiced concerns regarding the feasibility of the proposal, noting that the required funds are not currently allocated in the Pension Fund's budget for the upcoming year. Ryazansky suggested that funding might need to come from the general state budget, which could pose challenges given the substantial financial implications.
As of January 1, 2025, pensions for working pensioners in Russia will see a 7.3% increase, impacting all pension recipients regardless of their employment status. The Social Fund of the Russian Federation clarified that this indexation will apply to the established pension amount, considering all previous adjustments for periods of work activity.
