The Russians were told what to do if there is not enough work experience for a pension

In Russia, in order to receive an insurance pension, you need to accumulate a minimum insurance period, which this year is 13 years. In the next two years, the requirement for seniority will increase annually by one year, Yevgeny Biezbardis, a representative of the NPF Future, told PRIME.

According to him, the Pension Fund of Russia often refuses to assign an old-age insurance pension to those who have not gained the necessary length of service. Usually such people are advised to try to get it to the required level in official work, but this scenario is not suitable for everyone. For those who are faced with this situation, there are several options for solving the problem.

First of all, the expert believes, it makes sense to provide documents confirming the experience. “According to the approved Rules for calculating and confirming the insurance period for establishing insurance pensions, employment contracts, GPC agreements, personal accounts and payroll statements, certificates from organizations that paid remuneration for the creation of creative works, and from the employment service about receiving unemployment benefits and other documents,” Biezbardis said.

If documents are lost due to natural disasters or careless storage through the fault of third parties, testimony from at least two witnesses will do.

In addition, you can “buy” insurance experience. According to him, the law allows you to “buy” up to half of the usual insurance experience (that is, with preferential, for example, “northern” experience, this will not work). This will also increase the number of pension coefficients required for a pension.

“The minimum amount of voluntary insurance contributions to the Pension Fund in 2022 is 36,669 rubles 60 kopecks. And the maximum is 293,356 rubles 80 kopecks. You can pay both the entire amount at once, and distributing it throughout the year until December 31. You can “buy” up to half of the required length of service, this year it is 6 years. The exception is the self-employed, for whom there are no restrictions, ”explains the specialist.

In addition, it is possible to form in advance non-state pension capital. For non-state pensions, payments are possible upon reaching the old retirement age (for women – 55 years, for men – 60 years) without taking into account the length of service. According to the expert, investments in this area can pay off faster than “buying” experience in the state insurance system. This is facilitated by investment income from a non-state pension fund and a tax deduction from the Federal Tax Service, which allows you to return up to 13% of the contributions paid. It is not uncommon for an employer to additionally co-finance the pension contributions of its employees up to doubling. Companies in this case save on income tax and insurance premiums, Evgeny Biezbardis explained.