The issue of pension provision is still very acute for Russia. Many are not sure that they can count on a secure old age. But the state, together with the 2002 pension reform, made it possible for citizens to calculate the approximate size of their future pension. It can be calculated for a civil servant as well.
It is necessary
- - the last letter from the Pension Fund;
- - calculator.
Instructions
Step 1
Find out if you are eligible to receive a future pension as a government employee. To do this, you need to work in federal or local government bodies for at least fifteen years. Less seniority may also be taken into account if, for example, you have reached the maximum age for this type of public service, you were fired due to a layoff, or you had to leave due to illness. Otherwise, your years of work in a public institution will be counted as normal retirement experience.
Step 2
Calculate your seniority pension. You can start receiving it only after you leave the post. To do this, calculate your average salary for the entire period of work in a government agency. To do this, add up all your monthly payments for the period of work and divide by the number of months worked. The figure will be approximate, because if you continue to work in a government structure, your salary may change.
Step 3
Then determine the amount of the pension itself. If you have worked for 15 years, then it will be 45% of the average earnings. For each additional year, you will be added 3%, but the pension cannot be more than 75% of your salary.
Step 4
Also, if you were born after 1953 (men) or 1957 (women), you are entitled to the funded part of the pension. Use the retirement calculator to calculate it. It can be found on any website of a non-state pension fund. Enter your year of birth, the amount of existing savings (this information is in the letter of the Pension Fund), as well as the average earnings and the amount of work experience in the corresponding items of the calculator. Click on the "Calculate" button. You will be able to see the approximate amount of payments for the funded part of the pension. It will add to your departmental payments. But keep in mind that these payments are shown excluding inflation.
