Russians laid off at work can retire early

Russians laid off due to layoffs can retire early. The law “On Amendments to Certain Legislative Acts of the Russian Federation” entered into force this year.

The prerequisites for an earlier retirement are staff reduction or liquidation of the organization and the presence of the necessary insurance experience of the employee (for men it is 25 years, for women – 20).

In this case, the early pension will be paid from the date of receipt of the offer from the employment service until the start of the payment of the old-age insurance pension. The seniority pension may also be added to the early retirement pension.

Earlier, the Pension Fund reported that residents of villages in the Russian Federation can receive a 25% increase in their pensions. Recalculation occurs automatically, you do not need to contact the FIU. To receive the allowance, you must have at least 30 years of work experience in agriculture, live in rural areas, and also be a non-working pensioner. When calculating the total length of service, work on collective farms, state farms and other agricultural enterprises and organizations is taken into account, the Pension Fund said.

Source: Rosbalt

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