Pension indexation of working residents: what you need to know residents of Kalmykia

Insurance pensions of working citizens of Kalmykia are indexed simultaneously with insurance pensions of non-working pensioners.

The insurance pension increases every year during employment.

When assigning an insurance pension, the amount is immediately calculated based on the actual cost of one pension coefficient and the amount of a fixed payment.

In the future, the citizen will simultaneously work and receive an insurance pension with all annual planned indexation.

In addition, every year from August 1, the amount of the insurance pension will be automatically recalculated and additional individual pension coefficients earned for the previous year of work will be added. The maximum increase will be three pension coefficients.