26 June 2013

Calculate your pension

Pension Calculator

The calculator is designed to calculate the conditional pension amount in 2013 prices according to the current pension formula and the formula that is currently being developed by the Government of the Russian Federation.

The old-age labor pension is assigned by the Pension Fund of the Russian Federation to citizens who have a civil labor (insurance) seniority and those who have reached the generally established retirement age. The old-age labor pension is the most common type of pension in Russia, it is received by more than 33.5 million pensioners.

Whatever the pension formula, an old-age pension is a certain outcome of your working life.

When calculating a labor pension, such socially significant periods of life as the passage of military service, maternity leave for child care, etc. are taken into account.

Today, the size of the pension (hereinafter referred to as the old–age labor pension) mainly depends on the amount of insurance premiums that your employers pay for you to the state pension system - the system of compulsory pension insurance (OPS). According to the pension formula in force today, your work experience has practically no effect on the size of the pension.

According to the new formula, which is being developed by the Government of the Russian Federation, the amount of pension will directly depend on the duration of your general insurance (labor and non-labor) the length of service and the amount of salary for each year with which your employers paid insurance premiums to the mandatory pension insurance system.

The calculation of the conditional pension amount using this calculator will help you simulate your life and work path, determine the optimal length of work experience for you, understand how the size of the pension is affected by military service in the army, parental leave. In addition, you will see how the pension increases significantly with a total length of service of more than 30-35 years and with later retirement.

You can change the data you enter and see how the estimated amount of your future pension changes according to both the new and the current formula.

For ease of perception, all calculations are made in current prices using socio-economic indicators of 2013. This means that you were "assigned" a labor pension in 2013 in the amount corresponding to the work experience specified by you, during which you received (on average, in terms of 2013 prices) the official salary from which employers paid insurance premiums to the OPS system.

Important! The calculator is not intended for calculating the size of pensions:

  • current pensioners
  • citizens who have less than three years left before retirement
  • disabled, disabled citizens and citizens who have lost a breadwinner
  • military personnel and employees of law enforcement agencies
  • individual entrepreneurs
  • employees of harmful and dangerous industries who have the right to early retirement

You are asked to answer 8 questions. Comments on the impact of one or another parameter on the size of your future labor pension are provided for each question.

Go to the calculator.rosmintrud page

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