The Pension Fund of Russia explained the conditions for retirement in 2022

Marina Tarasova, deputy manager of the Moscow and Moscow Region Pension Fund of Russia, told the Prime agency that in order to assign an insurance pension for old age, you need to reach the generally established retirement age, have 13 years of work experience and an individual pension coefficient of 23.4.

"Annually, the length of service and the value of the individual pension coefficient will increase until it becomes equal to 15 and 30, respectively", - said Tarasova.

If a person does not have enough experience and pension coefficients, then the appointment of a pension will be postponed until such a right appears. If, after another five years, these indicators are not achieved, then the citizen will be assigned a social pension.

It's worth reminding that in the annual report Pension Markets in Focus, presented by experts from the OECD (Organization for Economic Cooperation and Development), there were conclusions about the inefficiency of the Russian pension system. As it turned out , the average real return on pension savings of Russians in 2020 turned out to be close to zero. In addition, the Russian Federation is practically the only country in which pension savings are not invested in foreign currency, and therefore are defenseless against the devaluation of the ruble.