Russian Federation

Basic country data

  • Population 60 and over (2018)
  • 30,965,028
  • % of total
  • 21.5%
  • Population 60 and over (2050)
  • 39,711,584
  • % of total
  • 27.6%
  • Does the country have a social pension?
  • Yes
  • Region
  • Europe & Central Asia
  • Income group
  • Upper middle income

Data on social pensions

State social pension

Basic scheme information

Data on social pensions

  • Name of pension or programme
  • State social pension
  • Legislative Underpinning
  • Federal law No. 166-FZ of 15th December, 2001.

Pension fund of the Russian Federation

Social Security Programs Throughout the World: Europe, 2014

Eligibility criteria

Regulation of state and supplementary pension schemes in Russian Federation: overview

Adequacy

  • Monthly benefit (local currency)
  • 3,692 Rubles
  • US$
  • 59
  • % of GDP per capita
  • 8.7%
  • $ PPP
  • 171.8
  • % of $1.90 poverty line (PPP)
  • 297%
  • Local amount detailed/other benefits
  • This does not include supplements for dependents. Benefits are adjusted according to the rate of inflation and increases in the average wage.
  • References and notes

Pension fund of the Russian Federation

Coverage

Cost

  • Total cost (local currency)
  • 132,912,000,000 Rubles
  • Cost as % of GDP
  • 0.2%

Resources on the pension in Russian Federation

Social pensions database

Explore the Social pensions database

Calculator

Calculate the cost of a universal pension in your country