Russian citizens who officially worked before 1991 can count on an increase in their pension payments. This was told in the Pension Fund of Russia (PFR).
We are talking about the so-called valorization – the addition of coefficients in the course of calculating the old-age pension.
“Valorization implies an increase in the estimated pension capital by 10 percent for everyone who has work experience before 2002, as well as an additional 1 percent for each year of work experience until 1991,” the agency quotes Ura.ru.
Thus, if a citizen worked for 15 years during the Soviet period, then his estimated pension capital will be increased by 25 percent, of which 15 percent will rely on Soviet experience, and another 10 percent – for service until 2002.
Earlier, the deputy dean of the RUDN University Faculty of Economics, Elena Grigorieva, told which documents from the expanded list are better to submit when applying for a pension, so that a citizen can calculate its maximum possible amount.
She recalled that since 2002, every officially working Russian since 2002 has an account with the PFR. At the same time, the department does not know what salary the citizen received before.
Grigorieva recommended confirming the length of service until 2002 on the basis of the original work record book, as well as certificates from the place of work. If the enterprise is closed, you will have to request help from the archive.
Also, employment contracts, orders for appointment to a position, salary statements (if such data are not available in the FIU) will not be superfluous. If the company has closed, you need to take a certificate of the organization’s activities. For those liable for military service and those who served, you will need to provide a military ID.
Without providing additional information, the FIU will assign the amount of the pension based on the information available in the department.