Russia Proposes 14.8% Social Pension Boost from April 2026
The Russian government has proposed a significant boost to social security, with a planned increase of around 14.8% from April 1, 2026. This comes as part of the draft federal budget for 2026-2028, recently submitted to the State Duma.
The budgetary allocations for social security are set to grow by 14.8% in 2026, followed by 6.8% in 2027, and 4.0% in 2028. This increase aligns with the annual indexing of social security, which occurs on April 1 each year.
Last year, on April 1, 2023, the Russian government increased social security by 14.75%. Some pensioners, such as those receiving early survivor's pensions and those in specific hardship cases, have already benefited from targeted enhanced social security before the general increase, as is common in Russia's social security system.
The proposed increase in social security is expected to provide much-needed relief to Russia's pensioners. The gradual growth in budgetary allocations over the next three years ensures a steady improvement in the living standards of pensioners.
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