Professor of the Department of Finance and Prices of the PRUE G.V. Plekhanova Yulia Finogenova recalled that from 2022, Russians will begin to receive data on the state of their retirement account on the State Services portal. If you make a mistake in this information, you should submit an online application to correct the inaccuracy with the necessary documents. The expert revealed a way to control your savings, Prime reports.
The financier explained that the old-age insurance pension consists of a fixed payment and an insurance part. The first of them does not depend on the length of service and is indexed every year, in contrast to the second, which is determined by the length of the insurance period and the level of wages.
At the same time, since 2002, the key factor in calculating the insurance part is the volume of insurance premiums, and not the length of service. This figure is the most frequently asked question, the economist warned Russians. You can check whether the savings are being accrued correctly in your personal account on the PFR website, at the State Services, at the fund’s office or at the MFC at your place of residence.
“As a rule, the most problematic moment in determining the amount of an old-age insurance pension is the proof of the length of service. Since the Pension Fund works with documents, it is important that no mistakes were made in its assessment, especially if the length of service is taken into account for the period up to 2002, “Finogenova noted.
Some periods the Pension Fund may not be considered for various reasons. In this situation, work experience should be proven in court. The expert urged to study the information about the length of service and compare them with the entries in the work book.
Earlier, the Russians named the best age for leaving work. Every fifth citizen (20 percent) considers it necessary to stop working for 55 years, and 22 percent of respondents are going to work before 60 years.