On August 1, the social fund is set to adjust the funded pension and fixed-term pension savings amounts in an application-free format.
"The funded pension adjustment will cover over 133,000 individuals, the fixed-term pension savings adjustment – about 34,000," pointed out Sergey Chirkov, Chairman of the Social Fund.
The raise percentage will be greater than last year: 17.3% for funded pensions (10.98% in 2025) and 19.32% for fixed-term savings (11.32% in 2025).
"That raise is possible thanks to successful pension savings investment,"Sergey Chirkovexplained.
In July 2026, the Social Fund also granted supplements to one-time pension savings payouts assigned last year. The supplements are only granted to citizens who had pension savings credited to their personal accounts after the lump sum payouts had been assigned.
Applying for a funded pension payout is possible through your Public Services Portal profile or in a Social Fund client office.
There are multiple ways to receive them:
- a lump sum payout: all pension savings are withdrawn at once, in case the amount of funded pension on the day of its assignment is 10% of the general subsistence minimum for retirees in the Russian Federation or less;
- fixed-term pension: is assigned for a time period specified by the applicant (at least 10 years) and paid out of contributions made under the government pension co-financing program, maternity capital funds funneled to the future pension, and their investment income;
- funded pension: paid out indefinitely; only individuals with the funded pension amount exceeding 10% of the general subsistence minimum for retirees in the Russian Federation are entitled to it.
Funded pensions have been established for two groups of individuals:
- employed men born in 1953-1966 and women born in 1957-1966. Their employers made insurance contributions to their funded pensions in 2002-2004;
- employed individuals born in 1967 or later. Their employers made insurance contributions to their funded pensions in 2002-2013.