Putin signed a law to preserve the period of payment of funded pensions

On November 17, Russian President Vladimir Putin signed a law establishing the expected period of payment of a funded pension from January 1, 2026 in the amount of 270 months. The relevant document is posted on the website of the official publication of legal acts.

The length of the expected period of payment of a funded pension is set based on statistical data on the life expectancy of men and women aged 60 and 55 years, respectively.

In 2021-2024, the expected period of payment of a funded pension was 264 months, and in 2025 it was also 270 months.

The law comes into force on January 1, 2026.

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Earlier, on November 16, Svetlana Bessarab, a member of the State Duma Committee on Labor, Social Policy and Veterans' Affairs, said that citizens can double their pension if they postpone retirement for 10 years. She added that if retirement is postponed, individual pension coefficients will be indexed by 2.32 times, and the fixed part by 2.11 times.

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