Employers delivered to the Pension Fund reports on the work activities of the citizens of Russia for January 2020.
More than one and a half million users have installed mobile application of the Pension Fund of Russia, which makes it possible to employ electronic services of the Pension Fund via smartphone. This mobile app is popular both among the pensioners and those persons who are in the process of accumulating of the pension awards.
Over the previous year the Pension Fund of Russia fixed 1.1 million benefit payments using data from the Federal Register of Disabled Persons. The major part of the assignments, particularly 723,000 is attributed to monthly monetary payments, to which all disabled persons are entitled, irrespective of the disability status. And 388,500 decisions were made on assignment of the insurance or state disability pensions.
Certain types of social benefits provided by the Russian Pension Fund will grow on February 1.
The new PFR head, Maxim Topilin, was introduced to the collective at the Russian Pension Fund today.
Consistent with the directive of the Russian government dated January 22, 2020, Maxim Topilin was appointed Board Chairman of the Russian Pension Fund.
The period of transition to a higher retirement age continues this year for persons entitled to old-age pensions. New parameters are taking effect step by step. Although the retirement age has grown by one more year in 2020 to a total of two years, pensions are still assigned six months earlier to women at 55.5 and men at 60.5.
Consistent with the amendments, which took effect on January 1, the size of maternity capital increased to 466,617 rubles. The sum grew by 13,600 rubles or 3% year-on-year. The amendments applied to all families, who had maternity capital left as of late last year either fully or partially. The Russian Pension Fund estimated the number of such families at 3.4 million.
Amendments that increase the number of families entitled to monthly payments from maternity capital for their second child took effect on January 1. The amendments increased the maximum monthly income per capita in families entitled to the monthly payment to two subsistence minimums. The period of monthly payments was doubled, till the time the second child turns 3. In the past, only families with the monthly income per capita amounting to 1.5 subsistence minimums qualified for the monthly payment, and monthly payments were received till the second child turned 18 months.
Starting January 1, 2020, insurance pensions of non-working pensioners will be increased by 6.6%, which exceeds the 2019 inflation rates. The fixed payment and the pension point value, which are the basis for calculating the amount of the insurance pension, will grow to 5,686 rubles and 25 kopecks and 93 rubles, respectively.