Required number of points for pension. Algorithm for calculating pension points
As a result of large-scale reforms in the pension insurance system in the Russian Federation in 2015, such a concept as an individual pension point or coefficient, abbreviated as IPC, arose.
Today, the number of points determines a citizen’s right to receive an insurance pension. How is the process of accrual carried out and what is the cost of a pension point? More on this later.
Why is IPC needed?
Pension point is a special coefficient introduced for assessments for each year labor activity citizen. Points are awarded for insurance premiums to the Pension Fund of the Russian Federation, made by the insured of the future pensioner. This means that you can only receive points if you are officially employed.
In article 3 Federal Law“On Insurance Pensions” IPC is defined as a parameter reflecting the rights of a pensioner, taking into account other factors:
- age of the pension recipient;
- the amount of contributions transferred by the policyholder to the account in the personalized accounting system.
The IPC is one of the values in the formula for calculating insurance payments to a pensioner, which encourages future recipients of benefits to monitor the timely and complete receipt of insurance contributions to the account in the Pension Fund. This is precisely the main purpose of the new parameter pension payments.
According to the Government, the IPC is capable of ensuring the transition of many employers to a more honest organization of tax reporting, due to which citizens will no longer receive income in a hidden form.
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How much does an IPC cost?
Therefore, the cost of the pension coefficient:
- strictly regulated by law;
- subject to changes taking into account inflation.
From the moment this parameter came into force, one point was equal to an amount of 64.1 rubles. As a result of all indexations made in 2019, the coefficient is 87.24 rubles.
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How is the coefficient indexed?
The inflation chart looks like this:
- January 1 - planned indexation in full for inflation of the past year of insurance payments;
- April 1 - additional indexation of social pensions.
In 2016, the indexation schedule was slightly disrupted. In addition, the inflation index was not applied in full. In 2019, the IPC was increased according to schedule. In the future, the Government promises not to violate the indexation plan.
| Indexation date | 01.01.2015 | 01.02.2016 | 01.01.2017 | 01.01.2018 | 01.01.2019 | 01.01.2020 |
| IPC cost | 71,41 | 74,27 | 78,28 | 78,58 | 81,49 | 87,24 |
How to find out the number of accumulated points
It is not difficult today to receive official notification of the size of the individual pension coefficient; there are several ways to do this:
- request an extract from your personal account on the Pension Fund website or in person at a Fund branch;
- get the necessary information on the government services website or at the MFC, if there is one in the city.
The statement will show not only the accumulated points, but also the amount of savings and the amount of insurance coverage of the applicant.
In addition to these methods, there is another one - independent calculation of the individual coefficient.
Calculation of individual coefficient
The number of accumulated points is determined for each year during which transfers were made to the Pension Fund for the citizen.
According to the calculation formula, the total amount of insurance premiums made is divided by maximum size contributory annual income of the future pensioner.
Formula for calculating insurance points:
IPC = SV / MV * 10,
IPC - individual pension coefficient;
SV - the amount of contributions made by the policyholder;
MV - the maximum possible tax base.
The latter indicator is established annually and enshrined at the legislative level. In 2019, the maximum annual wage to calculate the pension coefficient is 876000 rub.
Important! The limit also applies to the number of points earned. So, even if a citizen’s annual income is 1,000,000 rubles. , the coefficient will not rise above the established one.
How many IPCs are required to assign a pension?
In 2019, to qualify, you must score at least 16.2 IPC points. Every year this figure changes upward. By 2025 it will reach 30 points.
If the citizen’s IPC amount is insufficient, he will be denied payments. This also applies to early retirement.
How to bypass rejection when accumulating insufficient points
An individual coefficient, the value of which does not correspond to the established minimum value, will serve as a reason for refusing to charge an insurance premium. To avoid this, it is worth taking some measures.
What will help you legally avoid refusal:
- official employment, no breaks in work experience;
- high wages, completely legal income;
- postponement of release early retirement or on an old-age pension.
Duration and a high salary will help you accumulate more points, which means they will help increase the amount of future payments.
The deferment of retirement is also awarded additional IPC. The maximum allowable period for deferring a pension is 10 years, and the individual coefficient is allowed to increase by 2.3 times.
The state also charges IPC for certain types of activities other than labor.
To qualify for a pension from 2015, you must earn a certain number of pension points. Their size depends not only on length of service, but also on the level of wages - the higher it is, the greater the value of the pension point.
What is a pension point (IPC)? How is its value determined? What is the minimum amount required to qualify for an insurance pension? We will answer these and other questions in this article.
What are pension points and how is their value determined?
Long-term development strategy pension system provides for pension indexation. In order for indexation to be uniform and proportional, an individual pension coefficient (IPC) was introduced, or, as it is also called, points, the use of which in the future will ensure an increase in pension payments taking into account inflation.
The number of IPC points is directly related to the amount transferred by the employee to the Pension Fund during the period of his working activity. Thus, points will be awarded only to officially employed citizens whose employers have paid insurance premiums on time. The higher a worker's salary, the higher his future pension benefits.
The cost of one point is established and indexed by the Government of the Russian Federation annually; below is a comparative table of costs for 2015-2017:
Minimum required number of points to receive a pension
Since 2015, the government has been increasing the minimum number of IPC required to receive a pension every year, thus aiming to reach the minimum value of 30 points by 2025. Consequently, if an employee has not collected the minimum number of IPC, he may be denied an insurance pension. Such an employee will only be able to count on a social pension in a few years.
The table below shows the minimum points required to calculate a pension in the period 2015-2025:
| Year |
Minimum IPC value |
Year |
Minimum IPC value |
|---|---|---|---|
| 2015
|
6,6
|
2021
|
21
|
| 2016
|
9
|
2022
|
23,4
|
| 2017
|
11,4
|
2023
|
25,8
|
| 2018
|
13,8
|
2024
|
28,2
|
| 2019
|
16,2
|
2025
|
30
|
| 2020
|
18,6
|
|
|
As can be seen from the table above, the pension reform encourages citizens to engage in long-term and official work for the subsequent guaranteed receipt of an insurance pension.
The following table below shows the statutory maximum points that can be earned in 1 year between 2015 and 2021:
| Reporting year |
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
2021
|
|---|---|---|---|---|---|---|---|
| Insurance pension |
7,39
|
7,83
|
8,26
|
8,70
|
9,13
|
9,57
|
10
|
| Funded pension + insurance pension
|
4,62
|
4,89
|
5,16
|
5,43
|
5,71
|
5,98
|
6,25
|
How to calculate points for one working year?
To calculate IPC points, you need to know the maximum salary established by the government for paying pension contributions. The table below shows the maximum salary from 2015 to 2017 for calculating the IPC:
The number of points earned is calculated simply - the official salary of the insured person for the year is divided by the maximum contributionable salary and multiplied by 10.
Example. Calculation of the number of points for 2017 for an employee with an official salary of 35,000 rubles. per month will look like this:
- The annual salary will be: 35,000×12= 420,000 rubles.
- The IPC for the corresponding period will be: (420,000 ÷876,000) × 10 = 4.79 points.
Taking into account the increasing salary indicators, the calculation of the approximate number of points for 15 years of work experience for an employee with an official salary of 35,000 rubles per month will be as follows:
4.79 × 15 = 71.
As can be seen from the calculations, it will not be difficult for an employee with 15 years of work experience to score the required minimum 30 points upon retirement in 2025.
To determine the size of the due pension provision it is necessary to sum up the entire number of IPCs and multiply by the cost of one point per year of retirement.
Ways to increase the number of points earned
Many workers, having “salaries in envelopes,” do not think about future pension. People who are not officially registered are also careless. Some people simply don’t have enough points to get a decent payout. After the retirement date, employees are refused by the pension authorities to pay an old-age insurance pension. What to do in such cases?
- Go to work with official employment and start accumulating insurance experience.
- Reconsider your retirement date. In this case, the number of IPCs can be increased by a maximum of 2.32 times. Existing restrictions allow you to work in this “mode” for up to 10 years, after which the point increase factor will not change.
- To assign points for non-insurance periods is the time during which, due to socially significant reasons, an individual was not able to carry out work activities. Such periods include: parental leave, caring for a disabled person of group 1, temporary disability, being registered with an employment center, etc. A mandatory legal requirement for calculating points for a non-insurance period is the presence of an insurance period before and (or) after a socially significant period, i.e. a citizen cannot be unemployed and not registered with the Federal Labor and Employment Service. He must have worked for at least one day before the start of such period. The size of the coefficient can vary from 1.8 to 5.4 depending on the situation, and these coefficients can be summed up.
- Pay for the IPC from your wallet. That part of the citizens for whom the employer does not pay contributions to the Pension Fund (unofficially employed, working abroad, self-employed, etc.) can pay such contributions themselves.
Conclusion
The pension reform will affect not only future pensioners, but also those who have retired since the law was adopted in 2015. All rights received by the pension applicant must be converted and transferred into points.
The growing economic crisis is affecting all Russian citizens. He did not bypass pensioners either.
And if recently there have been positive trends in pension provision, today is making its own adjustments, and this involuntarily makes many people think about it.
Fortunately, the state did not ignore this issue, and recently a number of changes were made to legislation designed to stabilize the situation with regard to pensions. In this article we will talk about one of these innovations - pension points.
In addition, we will consider how they are calculated and what they influence.
Legislative regulation of the issue
The Law “On Insurance Pensions” determined a new procedure for providing pensions.
Now the size of the state payment depends not on length of service, but on the amount of points credited to the pensioner. It is believed that this will weaken the impact of inflation on pension payments.
In order to receive a pension three factors are required:
The retirement age has changed it is now 65 and 60 years for men and women respectively. Taking into account the transitional provisions, in 2019 the retirement age for men is 60 and a half years old, and for women at 55 and a half years old.
Until the beginning of 2015 in order to receive labor pension for old age, 5 years of insurance experience were required. Now the innovations imply a gradual increase in the period of insurance coverage. For example, in 2019 it is 10 years, and in 2024 it is 15 years.
Accrual and calculation procedure
Almost everyone knows what experience is. But what is a pension point?
It is calculated I am based on the amount of insurance premiums paid for the employee. The higher the salary, the higher the percentage of contributions to the Pension Fund, and, accordingly, the higher the amount of points received. A citizen who is paid receives only 1 point for the entire year.
To obtain state aid in 2019, you need to get 16.6 points, and the amount of points will increase by 2.4 annually. As a result, by 2024 it will be equal to 30.
Citizens who worked without official registration, and those who received their salaries in envelopes, may not have enough points for a normal pension, since the number of points is directly proportional to the size of the salary. The required number of points must be formed upon reaching retirement age.
But what if a person has achieved it this year, but his number of points is not yet 16.6? Then it is best to continue working, and apply for the assignment of state aid when the sum of points reaches 16.6. The second option is to agree to. However, it has two drawbacks - it is small in size, and it is calculated 5 years later from the date of reaching retirement age. It is worth noting that this type of pension is intended only for non-working citizens.
ABOUT insurance pension It is best to ensure in advance that all legal requirements for obtaining it are met. If your rights are violated, you can file a complaint with the prosecutor’s office, the local Pension Fund administration, as well as the State Labor Inspectorate.
This year the retirement age for civil servants all levels. Every next year it will be 6 months longer. As a result, by 2026 it will reach 65 years for men. This norm was established by Federal Law No. 143-FZ of May 23, 2016. This scheme for increasing the retirement age applies only to currently serving officials. When leaving the civil service, they have the right to receive an old-age insurance pension.
When citizens who have Soviet experience or work experience during the 1st decade after the collapse of the USSR apply to the Pension Fund for pensions, the specialist will try to find out whether they have 2 types of experience:
Also, it will check if you have the required number of points. This type of pension is provided depending on the year the individual applied to receive an insurance pension.
In Federal Law No. 173-FZ, clause 3, art. 30 given list of types of work in the USSR, as well as in the 1st decade after its collapse, which are added to total experience. The assessment of pension rights is carried out by transforming this length of service into calculated capital according to a special formula, which is given in this article of the law.
In addition, social time is added to the total length of service. useful activity carried out by a person before 2002. It is noteworthy that for citizens who worked during the Soviet period, the estimated capital increases by 1% for each year of official employment until 1991.
It is worth noting that for the period from 1991 to 2002. Regardless of whether a citizen has a confirmed work experience, by presidential decree, pension capital is increased by 10%, since this period of time was quite difficult for the country and not everyone can document the fact of employment for this period of time.
Recalculation rules
During the annual recalculation of pensions for pensioners who work, previously unaccounted for insurance contributions in their personal account are taken into account.
If a person who is accrued one of the types of pensions officially finds a job or continues to work, then the employer will be obliged to make pension contributions every month, which are summed up during the calendar year in the individual account of the pensioner.
According to innovations in legislation, these contributions are transformed into the corresponding number of points. After the end of the year, the Pension Fund is obliged to take them into account and recalculate the amount pension accruals.
When recalculated, points are awarded as follows:
- If a citizen was born before 1966, and along with insurance contributions, savings are made in a separate account, then no more than 1.875 points are added.
- If such a person chose to provide only the insurance part of the benefit, then he is entitled to no more than 3 points.
Currently recalculation of insurance pension savings produced according to the following formula:
P2 = P1 + (Bg×SBg)
In the above formula, P1 and P2 are pensions before and after recalculation, Bg is the number of points received for the year g in question, SBg is the cost of 1 point in a given year g.
It is noteworthy that the recalculation of the survivor's pension is carried out only once - one year from the date of receipt of this type of pension accrual. When recalculating, the length of service and the amount of points of the breadwinner are taken into account.
It is produced using a slightly modified formula:
P4 = P3 + (Bg/(SPm/180)/KIg×SBg)
In this formula, P3 and P4 are the pension before and after recalculation, SPm is the total length of service of the deceased in months, KIg is the number of dependents left without financial support in year g.
Who gets extra points?
Extra points are calculated for non-insurance periods activities of citizens.
Thus, 1.8 points are awarded in the following cases:
It is noteworthy that in 1 year a citizen can receive 5.4 points, provided that contributions to the Pension Fund amount to 35,000 rubles. Based on this, the mother of three children has a guarantee of accrual of an insurance pension, since she is accrued a sufficient number of points.
What Russian citizens need to know
Individuals planning to retire should take into account the following nuances:
- In 2019, the fixed payment amount is 5334 rubles 19 kopecks.
- The cost of one pension point this year is fixed at 87.24 rubles.
- The value of the pension point is indexed annually, taking into account the consumer price growth index of the previous year.
- Each person can find out in advance about accumulated pension points. To do this, you need to personally contact the local Pension Fund office, or use specialized Internet services. In the personal account the user will find online calculator, into which you will need to enter some data and the system will carry out the calculations. People can also use mobile applications for these purposes.
- Today, to retire, you need to have 16.6 points. In 2024, pensions will be awarded to citizens who meet the following criteria: have 30 points and 15 years of insurance experience.
- In order to collect a sufficient number of points to assign a decent pension, a citizen must receive a salary in an amount exceeding 3 minimum wages.
How to find out your savings in your personal account
For every citizen of Russia in the Pension Fund is open individual personal account.
You can get complete information about savings and accrued points using following methods:
Accrual of points depends on which savings option is selected in the OPS system.
If you prefer an insurance pension, the maximum amount of points per year is 10, since all contributions go towards accumulating an insurance pension. When choosing a funded and insurance pension, the maximum point total is 6.25, because in this case 27.5% of contributions go towards calculating the pension. The maximum number of points that can be awarded this year is 8.6.
In addition, the number of points increases significantly if a person applies for an insurance pension for the first time after the time when he became entitled to it. It is noteworthy that for each year of “non-application” for an insurance pension, there will be bonus points added. For example, if a citizen exercises the right to assign state benefits 5 years after reaching retirement age, the fixed payment will increase by 36% and the number of points by 45%.
As we see, the issue of pension provision depends not only on the state, but also on the citizens themselves. If you carefully examine all your rights and try to take advantage of them, you can achieve a good pension. Of course, not everyone can understand all the nuances of pension legislation, so it would be good to seek help from qualified specialists, for example, employees of the Pension Fund of the Russian Federation.
ABOUT latest changes The rules for calculating pension benefits are described in the following video:
It has undergone so many changes that it’s easy to get lost in the numbers. Who gets it and how much? Those who first asked this question immediately come across another very interesting definition: pension points. What is this and what does it have to do with the amount offered to us by the state for old age? We will talk about this and more today.
What is IPC and how to calculate your pension?
With the adoption of the Federal Law “On Insurance Pensions,” a new procedure for receiving money “for old age” has entered our lives. Now the number of banknotes you receive upon reaching a certain age will depend not so much on the years worked, but on such a thing as pension points. What it is?
All experience accumulated by a person by the time hour X arrives is recalculated into points. Their combination is called coefficient, abbreviated as IPC. Thus, the pension is calculated as follows:
P = F + N + B*Sb
- P - pension;
- F - a fixed amount established annually by the state;
- N - the funded part of the pension for those for whom it is formed;
- B - number of pension points;
- Sat - the cost of 1 pension point in the current year.
When is it time to retire
In order to start applying for a pension, the applicant must meet the following conditions:
- reach the retirement age established by the state;
- have a work experience greater than or equal to the minimum;
- collect the minimum number of pension points.
If at least one of the conditions is not met, the citizen has two options:
- continue to work until all conditions are met;
- contact the Pension Fund for accrual social pension upon reaching the required age (60/65 years for women/men, respectively).
Pension points are accrued for each year of work. Therefore, the later a person goes to apply for a pension, the more points he will have. But there is also a minimum limit value. No points - no pension. Today, the point minimum is 11.4, and in 2025 this value will reach as much as 30.
In the same way, the minimum length of service will increase proportionally. For those who retire in 2017, it is enough to work for 7 years; in the future, this figure will be increased to 15 and in 2025 it will be exactly that much.
It is worth noting that this period also includes the following periods:
- decree;
- Military service;
- periods of incapacity;
- being in custody;
- time spent at the labor exchange;
- other.
Fixed payment and its size
To understand how pension points are calculated, let's look at each indicator included in the formula separately.
The first number is F, that is, fixed payments. This is a certain amount established by the state and does not depend on any indicators of your work activity. Since 2016, its size has been firmly fixed and amounts to 4 thousand 559 rubles. The inflation coefficient is fixed in the same way, by which this figure will increase annually. It is 1.04. That is, in 2017 the fixed part in the pension calculation formula is:
4,559 * 1.04 = 4,741 (we’ll discard the kopecks for convenience).
There are also several categories for which inflated rates apply:
- disabled people of the first group;
- people who are over 80 years old;
- workers or residents of the Far North or a region equivalent to it;
- having a dependent family member who, due to health reasons, is unable to carry out independent labor activities.
How to calculate points?
So, what it is is more or less clear. But how to count their number? It's not all that easy.
The second digit in our formula is N, or the funded part of the pension. Where did she come from?
For some time now, Russian citizens have been asked to form their pensions in two ways:
- Receive only an insurance pension and transfer 16% of your salary to its formation.
- Divide the pension into two categories. To do this, 10% of the salary is transferred to the insurance part, and 6% is accumulated in a special account and makes up the savings amount. This is our N.
Until 2015, citizens of the Russian Federation were allowed to choose which pension they would have:
- only insurance;
- insurance + savings.
From the first month of 2015, an individual score can be calculated using the following formula:
B = (Sv/Sm) * 10
- St - the amount of contributions transferred to the insurance part of the pension from earnings (annual). Its amount depends on the salary and on what kind of pension the person has chosen.
- cm - the maximum possible amount of the insurance payment at the full (16%) rate, withheld from the largest contributory salary (base).
Calculation example
Employee K’s salary is 35 thousand rubles per month. This means that he earns 420 thousand rubles a year.
The maximum salary for calculating contributions to the Pension Fund in 2017 is 876,000 Russian rubles. The amount of contributions from this base indicator is equal to:
876,000 * 16% = 140,160 rub. This is our See.
Option 1
Citizen K. chose to receive only an insurance pension. In this case, the amount of his annual contributions to the Pension Fund will be:
St = 420,000 * 16% = 67,200 rub.
Now let’s calculate the pension score for 2017:
B = (67,200 / 140,160) * 10 = 4.79
Option 2
Employee K. chose a mixed pension formation model, so it has both insurance and funded parts. In this case:
St = 420,000 * 10% = 42,000 rub.
B = (42,000 / 140,160) * 10 = 2.997
It must be remembered that there is a maximum number of point units that future pensioner can be collected in any given year. With the first calculation option in 2017, this figure will be 8.26, and with the second option - 5.16. These indicators change proportionally every year and from 2021 will be 10 and 6.25, respectively. Even if you get a higher number during the calculation, only such indicators will be taken into account.
What should those who worked in the USSR do for some part of their lives? How to calculate pension points for Soviet service? Everything is much more complicated here. The government proposes to convert everything pension rights received in previous years.
It happens like this:
- All pensions earned before 2002 are converted into financial equivalent. In this case, the calculation is carried out according to old scheme, taking into account work experience and salary for any 5 consecutive years.
- This figure is multiplied (indexed) by 10%. For those who worked before 1991, for each full year length of service is added by another 1%.
- All contributions paid to the Pension Fund in the period 2002-2014. are added up and then multiplied by the indexing number. As a result, we get the so-called pension capital.
- Now this amount is divided by the number 228 and the price of 1 point established in 2015. By this date, one unit of pension point “cost” 64 rubles and 10 kopecks.
Additional payments based on points
In every person's life there are quite good reasons not to work. And the current pension legislation this takes into account. Additional pension points are awarded to unemployed citizens in the following cases:
- break in work due to caring for a disabled person of group I - 1.8;
- each year of military service (conscription) - 1.8;
- 365 days of care for a disabled child - 1.8
- a full year of care for an elderly person (over 80 years old) – 1.8;
- 365 days of care for the first child - 1.8;
- the same period of caring for the second baby - 3.6;
- for the third and subsequent children - 5.4.
It is also worth considering that pension points added for child care are calculated based on the fact that the leave is one and a half years. For example, a mother raising four children will automatically have:
1.8x1.5 + 3.6x1.5 + 5.4x1.5 + 5.4x1.5 = 24.3 points.
To obtain the right to receive a pension, she will have to work very little. Interestingly, mothers raising twins or triplets will receive additional points as for one baby. This happens because in this case it is not the number of children that is taken into account, but the period of time that the mother did not work in connection with caring for them.
By the way, if a person worked part-time while on parental leave, you can choose which points will be counted: for work or for the child.
What is the current pension point?
As mentioned above, since 2015, the monetary “value” of 1 pension point has been fixed at 64.10 rubles. But a month later this figure was indexed and amounted to 71.41 Russian rubles. Every year on February 1, this figure is additionally indexed by a special coefficient equal to 1.04. It is easy to calculate that in 2017 the value of one pension savings point is equal to:
74.3 * 1.04 = 77.3 rub.
Now you have all the data to calculate your expected pension. But if you don’t want to rack your brains over all these calculations, know: there is another very simple way to calculate pension points. To do this, you need to go to the Russian website, register in your “Personal Account” and use pension calculator. By entering all the necessary data, in a few seconds you will receive a fairly accurate amount of your estimated pension.
Every citizen before retirement asks the question: what is taken into account when calculating old-age benefits and how to make sure that it is as high as possible? One of the key factors influencing the size and possibility of obtaining a pension is the availability of the required standard of pension points, which depend on cash payments made to the Pension Fund during working life.
At the moment, the minimum number of points must reach 30, and they are officially called the “individual pension coefficient”. Previously, two conditions were sufficient to apply for a pension:
- Reaching retirement age (women retire at 55, men at 60);
- Availability of the required amount of insurance experience.
Since 2015, the situation has changed slightly, and now, in addition to the above, pension points accumulated throughout the citizen’s working life are also taken into account if insurance contributions are received on his behalf to the Pension Fund of the Russian Federation.
Pension points: what are they?
In fact, pension points are a conditional indicator that reflects the amounts that a citizen transferred towards his own pension while working. For comparison, in different periods Other standards were used when assigning this benefit:
- From 1991 to 2201 – length of service and salary;
- From 2002 to 2014 – the amount of insurance premiums made;
- Since 2015, calculations have been made based on the cost of one IPC.
To understand what role the IPC plays, it is enough to familiarize yourself with the pension calculation formula itself:
(fixed part) x PC (pension coefficient assigned at a later retirement) + KB (number of points) x cost of points + savings part.
Thus, the more pension points, the higher the pension amount will be.
What is the value of a pension point in 2017?
According to the law, the cost of the IPC is adjusted on February 1 of each year depending on the level of inflation, but in Lately it does not always correspond to rising consumer prices. In February 2017, the insurance pension was increased by 5.4%, and the cost of one IPC became equal to 78 rubles. 28 kopecks
The increase in the cost of IPC entailed an equivalent increase in pensions, but even this did not lead to the establishment of a real level of inflation, given the dynamics of price growth in the consumer market.
For comparison, below is a table showing the value of the IPC in different periods:
Old age insurance pension: how many points do you need?
The main requirement for applying for an insurance pension in connection with reaching a certain age is the presence of at least the minimum work experience and the required number of points. In 2015, the Government decided that from now on the IPC value should increase annually by 2.4 until it reaches 30 points.
Thus, for 2017, the required amount of points for retirement should be equal to 11.4, and in 2018 it will already increase to 13.8. Thus, in 2030, when applying for a pension, you will no longer need 11.4, but as many as 30 points.
How can I find out the number of points accumulated?
Some people, even before reaching retirement age, are interested in how many points have accumulated in their personal account. Previously, there was a practice of annually sending letters from the Pension Fund of the Russian Federation, which reflected all the information about the state of the citizens’ personal information system, but now this information is not provided in this way.
To find out the number of available IPKs, you can go in two ways:
- Register on the State Services website and order an extract there;
- Issue a certificate through your personal account on the Pension Fund website;
- Submit your application in person to the territorial branch of the Pension Fund.
To register on the State Services portal, you must provide all information about yourself, including passport data, and then receive an activation code from the organization with which the site administration has an agreement. Subsequently, you need to go to the “Popular Services” section on the website and select “Obtain information about the status of the HUD.”
After the request, you can receive an extract: read it directly on the portal, send it to email or download in PDF format.
If you want to issue an extract through your personal account on the Pension Fund website, you will still have to register with State Services, and in both cases the receipt procedures are practically no different.
If you do not register for State Services or have the opportunity to use the Internet, you can visit the Pension Fund branch in person. To do this you will need to provide the following documents:
- Application with a request to provide information about the ILS;
- Passport.
As a rule, it takes a few minutes to process the application, subject to availability of staff, and an extract can be obtained upon visit. If this is not possible, the document will be sent by mail to your residential address.
How are points earned calculated in 205, 2015 and 2017?
To perform such a calculation, you must have information about the full amount of insurance premiums that were transferred to the Pension Fund.
To calculate the total points for 1 year, you can use the following formula:
Insurance contributions: maximum salary subject to contribution at the rate of 16% x 10.
It is also worth considering that since 2013, due to Pension reform a moratorium was imposed on accumulative part pensions, and only insurance remained. Even if the salary for the year exceeds the indicators established by law, the total number of points will be no more than 8.26.
The maximum salary for the year is also of great importance for calculating points. So, in 2015 it reached 711,000 rubles, in 2016 – 796,000 rubles, and in 2017 – 876,000 rubles.
Is it possible to increase the number of pension points and how to do this?
It is necessary to think about increasing the number of IPCs in advance, because This is mainly influenced by the size of the salary and the amount of insurance premiums. However, there are cases when points are counted annually and not during the period of official work. For example, this includes conscription service, parental leave, etc. To confirm the information, relevant documents will be required, without which the Pension Fund cannot include the above periods of life in the total insurance period.
Also, those who did not manage to transfer the funded part to the Pension Fund before 2015 should worry about the size of their pension: now only insurance part, amounting to 16% of the salary. Accordingly, this will affect the value social security for old age in the future, and from the negative side, because so far the lifting of the moratorium on funded sums is not expected.
If during the procedure for registering a pension any of the above periods were not taken into account, you will have to submit to the Pension Fund the relevant documents proving the existence of circumstances under which points should have been accrued. For example, this could be a certificate from the military registration and enlistment office, a medical report on the disability of a relative, etc.
Do high salaries and long insurance coverage play a role?
As noted earlier, the greatest importance in calculating the pension and IPC is the salary and the insurance period itself. The higher the salary during periods of work, the greater the amount of insurance contributions and, consequently, points.
How are IPC calculated upon reaching retirement age?
If a citizen has reached retirement age but continues to work, additional points will be generated on his account for each year of deferment. The maximum increase that a person can count on in this case is 2.32 times the total amount of the IPC, but provided that the pension was assigned only 10 years after the appropriate age.
Are points awarded for other periods?
The answer to this question is definitely affirmative, because, in addition to work, points are also awarded during other periods of a person’s life for each year:
- conscription service – 1.8;
- caring for a disabled person, a disabled child or an elderly relative – 1.8;
- parental leave or time spent by spouses of military personnel in other countries and regions – 1.8;
- caring for a second child under 1.5 years old – 3.6;
- caring for the third and fourth child under 1.5 years old – 5.4.
Important! Points for the above periods of time begin to be awarded only if the citizen has officially worked for at least 1 day before. If he was not previously employed, the IPC is not taken into account.
How many points can you get?
Despite the fact that the total amount of the IPC almost entirely depends on the amount of insurance premiums, the legislation still limits their maximum number annually. So, in 2017, the maximum amount of points for the year reaches 8.26, but over time it will increase for those who did not register the savings part in the NPF:
- 2018 – 8.70;
- 2019 – 9.13;
- 2020 – 9.57;
- 2021 – 10.00.
If a citizen applies to a non-state pension fund and transfers both insurance and savings contributions, in 2017 he will be able to earn only 5.16, in 2018 - 5.43, in 2019 - 5.71, in 2020 - 5.98, and in 2021 – 6.25 points for 12 months.
It is worth considering that for those who have not submitted an application to the NPF for the funded part of their pension, only the insurance portion will be deferred, and in the future this may adversely affect the amount of pension provision.