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Russia Plans 7.6% Pension Indexation From January 2026 as Draft Outlines Wider Social Payment Rises

The measures appear in draft budget documents pending State Duma approval.

Overview

  • Insurance pensions are slated to rise by 7.6% from January 1, 2026, with some recipients to receive the indexed January payment at the end of December 2025 due to holiday schedules.
  • Payments tied to social pensions are planned to increase by 14.8% from April 1, 2026, according to materials accompanying the federal budget draft.
  • The draft sets a two‑stage indexation for insurance pensions in 2027 of 4% from February 1 and 3.4% from April 1, with similar staged increases envisaged for 2028.
  • A one‑time lump‑sum payout of the funded pension in 2026 would be available if the accumulated amount is below about 439,776 rubles for retirees reaching the statutory ages that year.
  • The maximum monthly insurance payment for work‑related injuries is projected to rise to 127,218 rubles from February 1, 2026, per Social Fund budget materials.