Russia Weighs Pension Back-Pay Plan as 2026 Indexation Set at 7.6%

Overview

• Lawmakers from the A Just Russia — For Truth faction sent a bill to the government proposing a recalculation of insurance pensions for working pensioners for 2016–2024 and payment of underpaid amounts.
• The initiative, authored by Sergei Mironov and Valery Gartung, targets years when annual increases for working pensioners were not applied.
• Labour Minister Anton Kotyakov said insurance pensions will be indexed once on 1 January 2026 by 7.6%, with the possibility of a higher rate if 2025 inflation exceeds that level.
• The Labour Ministry said the planned increase would lift the average insurance pension to about 27,100 rubles, nearly 2,000 rubles more than before.
• Indexation for working pensioners was reinstated on 1 January 2025, which increased payments for about 7.8 million people, according to Mironov.