The unscheduled increase in the minimum wage and the subsistence minimum in 2022 will affect 16 million Russians

An unplanned increase in the minimum wage and the subsistence minimum in 2022 will affect 16 million Russians

Deputy Prime Minister Golikova announced social payments in 2022, which will affect 16 million Russians. Meanwhile, starting from December 1, 2021, the FIU will increase payments to three categories of pensioners.

Deputy Prime Minister Tatyana Golikova clarified how the minimum wage and the cost of living in the Russian Federation will grow, revealing the details of the indexation, which was previously announced by Russian President Vladimir Putin.

Recall that the day before he proposed to increase them by 8.6% next year, outstripping the growth of inflation.

In the draft budget for 2022, this figure was only 2.5%. Thus, the minimum wage (minimum wage) will amount to 13,890 rubles, the subsistence minimum is 12,654 rubles.

According to Golikova, the increased indexation will affect 16 million citizens of the Russian Federation, since the amount of these payments depends on the size of almost all other social benefits, including child benefits, sick leave payments, regional surcharges to residents’ pensions and many others.

She also clarified that the increase in the minimum wage will affect the salaries of 3 million Russians. The local authorities will be able to provide the growth of indicators with money, mostly from the federal budget, as well as the funds of the VBF and their own, but in a smaller amount.

It is reported that the government will allocate about 30 billion rubles to increase the minimum wage and the subsistence minimum.

According to the forecasts of the Bank of Russia, by December inflation will reach 7.4%, but the increase in food prices reached 10.89% in October, RIA Novosti clarifies.

Also, the FIU said that this year, from December 1, three categories of Russian pensioners will be able to receive increased payments.

As reported by with reference to the information received from the department, they will include:

  •  pensioners who quit in August last year. They will be recalculated, and they will receive a pension with an additional payment for three months. It is not necessary to apply for this, as well as to apply in person: the recalculation is done automatically based on the data received from the employer.
  • pensioners who turned 80 last November. Their fixed pension payment will double.
  • Russians who have submitted an application to the FIU department with a request for recalculation of pension savings, as well as documents that prove their right to increase monetary security.

Earlier, Topnews wrote that the Pension Fund explained how to get a lump sum payment from pension savings.


Leave a Reply

Your email address will not be published. Required fields are marked *