On February 1, social benefits will be indexed by 11.9%

We are also talking about family payments.

"To establish from February 1, 2023 the indexation coefficient of 1.119 for payments, allowances and compensations," - it is said in the document published on the official portal of legal information.

As specified in the Ministry of Labor, the growth will affect the lump-sum allowance at birth. Child, monthly child care allowance, maternity capital, monthly payments to veterans, insurance payments, as well as other social support measures.

The indexation coefficient of payments, allowances and compensations is set annually from February 1, based on the actual consumer price index for the previous year. The consumer price index is 111.94% (December 2022 to December 2021). Thus, indexing is performed by 11.9%.

It should be noted that the one-time allowance for the birth of a child will amount to 22,909 rubles, and the minimum amount of monthly child care allowance will increase to 7925 rubles.