Raising The Minimum Pension, Indexation And Recalculation Of State Pensions In The Russian Federation In 1997 Year

Original Language Title: О повышении минимального размера пенсии, порядке индексации и перерасчета государственных пенсий в Российской Федерации в 1997 году

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Spconsumed by Federal Law July 07.07.2003 N 109-FZ RUSSIAN FEDERATION FEDERAL LAW On raising the minimum pension, indexing order and recalculation of state pensions in the Russian Federation In 1997 Adopted by the State Duma on 19 September 1997 Approved by the Federation Council on 24 September 1997 Article 1. Set the minimum old-age pension at the total length of service required for a full pension, in the following amounts: from 1 October 1997 in the amount of 76,533 roubles/month; from 1 December 1997-in The total amount of the contract is 4,186 rubles. Increase all pensions calculated in accordance with the Russian Federation's Law "On State Pensions in the Russian Federation", from 1 In October 1997, it was 1.21 times the amount of pensions paid in September 1997 and 1.21 times since 1 December 1997. In the case of an increase in the amount of the pension, in accordance with this article, the compensation payable in respect of the pension established by the law of the Russian Federation shall be maintained. Article 2. In the assignment or recalculation of pensions after 1 October 1997 and 1 December 1997, the amount of earnings received by 1 October 1997 and 1 December 1997, respectively, shall be indexed by application of the rates, established for the relevant periods, including those provided for in article 1 of this Federal Act. The earnings received after 1 October 1997 and 1 December 1997, respectively, are recorded without application of the rates. The amount of the pension (from 1 October 1997 to 1.1 times and 1.21 times as of 1 December 1997) is not increased. A compensation payment established by the legislation of the Russian Federation shall be applied to the pension. Article 3. The financing of the expenses provided for in this Federal Act shall be made from the sources to which the pensions are paid. Article 4. This Federal Act shall enter into force on 1 October 1997. President of the Russian Federation B. Yeltsin Moscow, Kremlin 30 September 1997 N 127-FZ