What is indexation of pensions?

Under the indexation of a pension, it is customary to understand the process of increasing labor benefits solely on the basis of an appropriate decision of the Government of our country, primarily with a view to improving the overall standard of living of pensioners.

According to experts in this field, it is possible to recalculate the insurance part of labor payments in several cases: old age, disability, after loss of breadwinner, etc.

Indexation of pensions is also taking into account the expected increase in prices for popular goods and services. Also taken into account the average cost of living for the past year.

In 2013, it is planned to index pensions three times, a total of 10%.

For example, in April, the recalculation of labor pensions was an average of 3.3%, depending on the region of the country.

Moreover, in the same month, the EDV (monthly cash payments) were also indexed by 5.5%. In our country, as a rule, such payments are received by virtually all former participants of the Great Patriotic War.

It is possible to say with confidence that the Government of our country has not paid such close attention to the military as in 2013. The modern political situation in the world, constant conflicts, as well as an unstable military climate, compels the state to do everything possible to ensure the country's permanent combat capability. However, in order to serve exclusively professionals in Russia, it is necessary to provide them with a decent future in advance. One of the aspects of this state of affairs is, among other things, a pension.

For example, in the period from 2011 to 2012, thanks to the process of indexing military pensions, the amount of monthly payments has increased significantly. In some regions it is 16,000 rubles. It is important to note that in Russia, the indexation of pensions and the corresponding increase in wages in relation to the average annual inflation rate occurs annually in several stages.

As you know, the size of the pension in Russia for the military is calculated as follows: half the salary + salary by title + district coefficient + all kinds of extra- service bonuses . In connection with the fact that last year the Government significantly increased the salaries of the military, a problem of payments appeared, as there is a shortage of cash.

So, now the pension of absolutely all military will be paid in view of inflation. For example, this year inflation is expected to be no more than 7%, therefore, payments above this figure will not be increased. However, some sources claim about a possible increase to 30%. In fact, the figure of 3.7% is more real. Nevertheless, the indexation of pensions will nevertheless gradually occur as the new system is established.

It should be noted that in the past 2012, the recalculation of cash payments was carried out three times. In February, the amounts increased by 7%, and thanks to the April additional account increased by another 3.41%. Moreover, in April, social pensions were also increased by approximately 14.1%. As a result of these changes, the average amount of benefits across the country was 5,938 rubles. In conclusion, we note that the total increase in labor pensions for 2012 was 10.41%.