Advanced Search

On The Procedure Of Calculation And Increasing State Pensions

Original Language Title: О порядке исчисления и увеличения государственных пенсий

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
Spagle Force-Federal Law of 17.12.2001 N 173-FZ RUSSIAN FEDERATION FEDERAL LAW On the procedure for calculating and increasing state pensions Adopted by the State Duma on 23 June 1997 of the Federation Council on 3 July 1997 Article 1. To establish that State pensions are based on the provisions of the Russian Federation Act on State Pensions in the Russian Federation. The increase in wages in the country is to be calculated and increased by applying the individual coefficient of the pensioner. The individual coefficient of a pensioner is determined by multiplying the amount of the pension as a percentage, relying on the length of the length of service, the ratio of the average monthly wage to the established period from which Pensions are calculated, the average monthly salary in the country during the same period. The ratio of the average monthly salary of a pensioner to the average monthly salary in the country is determined by dividing the average monthly salary of the pensioner for the corresponding period by the average monthly salary in the country for the same period Period. In determining the individual coefficient of a pensioner, the ratio of the average monthly salary of a pensioner to the average monthly salary in the country is taken into account not exceeding 1.2 independently of the basis of the pension. The amount of the pension in rubles is determined on the basis of the average monthly salary in the country for the preceding quarter according to the individual coefficient of the pensioner. The pensioner performing paid work, calculating and increasing the pension under this Federal Law shall be made on the 1st day of the month following the one in which the pensioner has terminated the said work. The payment of compensation calculated under this Federal Act is not paid in accordance with the legislation of the Russian Federation. Article 2. To establish that the costs of pensions granted under the Russian Federation's Act on State Pensions in the Russian Federation The Federation ", in part that is determined by the inclusion in the qualifying period of employment, of periods not related to the payment of insurance contributions to the Pension Fund of the Russian Federation, is financed from the federal budget. The action is suspended for 2001 in part of the federal budget for the payment of state pensions, which are appointed under the Russian Federation's State Pensions Act and have not been restated taking into account Individual coefficient of a pensioner in accordance with the Federal Act "On the procedure for calculating and increasing public pensions", in terms determined by the incorporation into the employment record of the right to a pension, non-contributory periods of the Russian Federation-Federal Law dated 27.12.2000 N 150-FZ) Article 3. In accordance with article 1 of this Federal Act, article 7 of the Russian Federation Act on State Pensions in the Russian Federation The Congress of People's Deputies of the Soviet Union and the Supreme Soviet of the RSFSR, 1990, OF THE PRESIDENT OF THE RUSSIAN FEDERATION 895; Legislative Assembly of the Russian Federation, 1994, N 2, sect. 73), as follows: " Article 7. Calculations and increases in pensions in connection with the growth of wages in the country With wage increases in the country, pensions are to be calculated and increased by applying the individual coefficient of the pensioner s compliance with the following conditions: (a) The individual coefficient of a pensioner is determined by multiplying the amount of the pension as a percentage of the length of service, the ratio of the average monthly wage to average monthly wage Pay in the country for the same period. The ratio of the average monthly salary of a pensioner to the average monthly salary in the country is determined by dividing the average monthly salary of the pensioner for the corresponding period by the average monthly salary in the country for the same period Period. In determining the individual coefficient of a pensioner, the ratio of the average monthly salary of a pensioner to the average monthly salary in the country is taken into account not exceeding 1.2 regardless of the basis of the pension; b) In determining the individual coefficient of a pensioner in accordance with this article, the calendars of working, military and similar services provided for in articles 89, 90 and 92 of the Act, as well as periods, Article 92 (a) and (e) of the Act. However, article 16, paragraph 2, of the Act is not applicable. The amount of a disability pension as a result of a general illness, with the full length of service (art. 29, para. 2), may not exceed the amount of the old age pension appointed at full length of service (art. 10 of the Act) equal or greater The increase in the number of pensions is carried out four times a year-from 1 February, 1 May, 1 August and 1 November. To increase the pension, the individual coefficient of a pensioner is applied to the average monthly salary in the country for the period 1 January to 31 March, if the increase is from 1 May; from 1 April to 30 June, if the increase is made with 1 August; from 1 July to 30 September, if the increase is from 1 November; from 1 October to 31 December of the preceding year, if the increase is from 1 February of the following year. The size of the newly appointed or recalculated pension according to the grounds established by the Act; g) the amount calculated in accordance with this article shall in all cases not be less than The minimum pension required by the Act; d) the amount of the pension calculated in accordance with this article, the maximum size limit established by the Act is not applicable; e) the minimum pension Old-age pension (art. 17 of the Act) and, respectively, the minimum The amount of other types of pension shall be increased by the time required by the paragraph "in" of this article, and the new minimum pension is determined by multiplying the existing minimum pension by the growth of the average monthly wage in the the country for the corresponding quarter. In all cases, however, the minimum old-age pension cannot be lower than that provided for in article 17 of the Act; (g) when the pensioner receives two pensions, the total amount of the pension after the increase in accordance with this The article may not exceed 1.2 average monthly wages in the country; (c) the pensioner performing paid work, calculating and increasing the pension under this article shall be made on the first day of the month following the day of the month of the month. in which the pensioner has terminated the said work. The average monthly salary in the country for the periods specified in the paragraph "in this article" is approved by the Government of the Russian Federation on the submission of the State Committee of the Russian Federation on Statistics no later than 15 15 April, 15 July and 15 October of the relevant year. Where the amount of the pension calculated in accordance with this article does not reach the amount prescribed by other provisions of the Act, the pensioner may choose to calculate the pension without the application of the individual coefficient. The increase in pensions calculated by the law without the application of an individual coefficient is made within the time period stipulated in the paragraph "in" of this article by way of indexation, in accordance with the increase in the average monthly wage in the Country. " Article 4. This Federal Act shall enter into force on 1 February 1998. At the same time, the individual coefficient of a pensioner as defined in article 1 of article 1 of this Federal Act limiting the ratio of the average monthly salary of a pensioner to the average monthly salary in the country is fixed 0.7. The size of the said coefficient for the subsequent period and its duration shall be established by a federal law, the draft of which is considered in conjunction with the draft federal law on the budget of the Pension Fund of the Russian Federation on the basis of the federal budget. Another fiscal year. President of the Russian Federation B. Yeltsin Moscow, Kremlin 21 July 1997 N 113-FZ