In the new year, the pension system faces serious transformation.

From 1 January in Russia is changing the pension system. The main purpose of the reforms is to improve the welfare of current and future retirees. In particular, begins valorization of pensions - recalculation for those who earned their seniority in the Soviet era.

size increase to the pension will depend on seniority and the size of the salary received by then.

The average pension in the amount of money will increase by 1 thousand 100 rubles. In addition, current pension assets will be increased by 10% and it will be added to 1% for each year of the "Soviet" work experience prior to 1991. Also in the coming year, retirees will have three indexing.

Future changes are not a new reform of the pension system.

assumed that after the valorization of pension in the amount of other social benefits will not be below the subsistence minimum pensioner in each subject Federation. The average size of the labor pension in Russia by the end of 2010 to reach almost 8 thousand rubles.