How many points do you need for a pension: current value

What are pension points and how they are calculated

The IPC was introduced by Federal Law No. 400, which came into force in 2015. It is a kind of abstract indicator for financial and statistical calculations, which has a specific monetary expression - value. They were introduced to simplify calculations when calculating insurance pension payments.

The procedure for calculating PB depends on a number of indicators:

• The amount of insurance experience. The longer it takes for money contributions to be transferred to the PFR insurance fund, the more points will accumulate in the account of a given citizen.
• Salary amount. The employer transfers to the Pension Fund an amount equivalent to 22% of the employee’s salary. Consequently, the higher a citizen’s wages, the faster the IPC will accumulate in his personal insurance account.
• Additional factors for which points can be awarded are caring for children, the disabled, the elderly, and conscript service in the Armed Forces of the Russian Federation.

The amount of the employee’s future pension directly depends on the amount of accumulated pension benefits.

Pension point price in 2020

The monetary expression of the IPC is not a constant value: their monetary expression changes annually. Starting from the moment of introduction, their price increases in proportion to inflation rates. Initially, in 2020 the price was 64 rubles. Cost of 1 pension point in 2020. is already 87.24 rubles, and its price is expected to be indexed in the future. Below is the change in the price of the IPC from the moment of its introduction to the present.

Cost of pension point by year, table

How to calculate old age pension?

This means that if a person worked for 20 years before 1991, his capital will be increased by 20%, if 5 years, then by 5%. For 1991-2001 10% is also added. Soviet service is included in the total calculation up to 2001 inclusive. Calculation example Maria retired in 2020 with 35 years of experience.

Maria's income was 320 rubles per month. The average salary in the country was about 230.1. This means that the salary ratio = 1.39, but only 1.2 is taken into account. Next, we calculate the experience coefficient. It can be in the range of 0.55-0.75.

The resulting number is multiplied by indexation (in this example, at the time of 2014) - 5.6148, and then divided by the number of rubles awarded for 1 pension point under the current system (64.1 rubles at the time of 2020). As a result, the pension, according to the calculation results, will be 81.27 points, which means the increase in the pension for Soviet service will be about 6,300 rubles. The example presented did not take into account bonuses, interrupted service, children born (and corresponding pauses in work experience). Whether this amount is sufficient and whether it is worth fighting for is an individual matter for each person. Regardless of whether a citizen considers such an increase sufficient or not, it is better to have an idea of ​​what Soviet experience is and what formulas are used to calculate it.

Maximum points in 2020

Pension legislation sets an upper limit on the number of pension points that a citizen can accumulate in one year of work. In 2020 the maximum number of PB that a Russian can accumulate in 12 months is 9.13 points. Since the introduction of IPC, there has been a constant increase in this maximum amount. The increase should end in 2021, when this figure reaches 10 PB per year. The dynamics of this growth are as follows:

• 2016 — 7.8
• 2017 — 8.6
• 2018 — 8.7
• 2019 — 9.13
• 2020 — 9.57
• 2021 — 10.

Restrictions on the amount of point accumulations have been introduced in accordance with the maximum salary from which contributions to the Pension Fund of the Russian Federation insurance fund are made. In 2020 the ceiling for deductions is 74 thousand rubles. and will increase slightly until 2021. Pension contributions in excess of the specified amount are not paid. This was done to avoid social stratification among pensioners: those receiving extremely high salaries today will not be able to count on the same extremely high pension payments, tens of times higher than the national average.

Is it easy to accumulate the required number of PB?

In 2024, it is planned to introduce changes, on the basis of which retirement is allowed only to citizens who have collected at least 30 points. People have different views on this value, as some reach it in three years, while others cannot collect it in a decade.

You can accrue a maximum of 10 points per year, but to do this you need to receive 74 thousand rubles monthly. Such salaries are extremely rare, so it is recommended that you register for a job officially from the very beginning of your working life so that the employer transfers the required payments to the Pension Fund.

Dependence of the pension amount on the number of points

Today, the amount of a pension directly depends on the amount of the citizen’s IPC. If the amount of accumulated IPC does not reach the established minimum threshold, then a person can only count on receiving an old-age social pension.

The amount of the insurance pension is calculated using the formula below:

SP = IPK x PB + FP , in which:

• SP is the required amount of the insurance pension.
• IPC is the citizen's pension coefficient.
• PB - the cost of 1 pension point at the time of registration of the pension.
• FP is a fixed amount of social pension assigned upon reaching the established age threshold.

At the beginning of 2020
The value of the fixed social old-age pension in the Russian Federation is 5.33 thousand rubles. An example of independent calculation. A citizen has accumulated 100 pension coefficient points during his work activity. Based on the above formula, we get 100 x 87.2 + 5.33 = 14.06 rubles. This is exactly the kind of pension that an employee retiring in 2020 can count on. with 100 PB in the asset.

required number of points to retire

In addition to the maximum value of PB, the legislation also establishes their minimum value. It is necessary for calculating an insurance pension to a citizen. If the account with the Pension Fund does not have an insufficient number of points, then only an old-age pension is assigned to him. The size of the minimum IPC indicators increases every year. In 2020 Only employees with 16.2 points on their account have the right to apply for an insurance pension. In subsequent years, the minimum amount will increase as follows:

• 2020 — 18.6
• 2021 — 21
• 2022 — 23.4
• 2023 — 25.8
• 2024 — 28.2
• 2025 - thirty

What to do if there is not enough PB?

Often citizens who have worked unofficially throughout their lives do not accumulate the required number of points for retirement, although they reach the age of a pensioner. Therefore, they can rely exclusively on social benefits, the amount of which is lower than the insurance pension.

In such a situation, it is advisable not to apply for money to the Pension Fund and continue working. This will allow you to accumulate the required number of PBs to receive a high payout.

Other features include:

• sometimes PF representatives simply do not have information about certain places of work of a citizen, so if you prepare evidence of official work in different periods, this will increase the PF;
• it is allowed to include in the length of service some unaccounted periods, which include military service, caring for small children or the disabled, as well as caring for elderly citizens, since 1.8 points are awarded for each such year;
• It is even possible to purchase missing points.

If a citizen has not been able to accumulate the required number of pension benefits by the age of 60 or 65, he will be able to correct the situation by increasing his pension.

Accrual of pension points for individual entrepreneurs

In relation to private entrepreneurs and self-employed citizens, the point system for calculating pensions has its own nuances. If the employer makes contributions to the Pension Fund for hired employees, then individual entrepreneurs transfer the funds for themselves. That is, the entrepreneur acts simultaneously as both the insured person and the policyholder. The amount of deductions is fixed and is established in accordance with Art. No. 430 NKRF.

The minimum base for calculating deductions is the minimum wage established in the country. That is, in 2020, the individual entrepreneur is obliged to transfer monthly interest on the amount of 9.48 thousand rubles to the OPS system. At the same time, the entrepreneur, at his own request, has the right to make large payments.

Here the same rules apply to him as to other citizens (data for 2020):

• The maximum possible number of accumulated PBs per year is 9.13.
• The legal age limit has been reached.
• There is a minimum work experience in years and insurance - in the IPC.

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If the above conditions are met, the entrepreneur has the right to count on the state accruing an insurance pension in the amount of the accumulated IPC.

Calculation of average earnings for a pension according to the new rules in Excel

The period before 2002 is the most difficult to calculate. The main difficulty is that in individual personal accounts of citizens in the Pension Fund of the Russian Federation, information about this period of labor activity is not fully reflected - at best, starting from 1997 (and even then not for everyone). Therefore, in the Personal Account of the insured person on the Pension Fund of the Russian Federation website and when calculating pensions, as a rule, there are many inaccuracies. You can avoid misunderstandings and understatement of the amount of accrued pensions by preparing and submitting the necessary documents to the Pension Fund of the Russian Federation (about the length of service and the amount of earnings) and understanding how it is calculated and on what the size of the estimated pension earned during this period primarily depends. The key formula on the basis of which the monthly amount of the estimated insurance pension earned before 2002, before valorization and indexation is determined, has a relatively simple form (clause 3.

What should the pension coefficient be?

In 2020 the minimum IPC for an insurance pension is 16.2 PB. However, this is not the only condition for retirement. A person must have at least 10 years of work experience. By 2024 The amount of required experience will gradually increase to 15 years. In addition, the employee must reach the age specified by pension legislation. For 2020 it is 60.5 years for male workers and 55.5 years for female workers.

Which IPC is the highest?

Based on the maximum number of pension benefits that can be earned in a year and the length of work experience, you can calculate the amount of your future pension. The value of the IPC of each worker directly depends on these indicators. For comparison, the pension of a 50-point holder who retired in 2020 is will be a little more than 10 thousand rubles. And a citizen who has 200 points will receive over 22 thousand rubles monthly. On average, based on the length of work experience of 25 years, to receive such a pension you must have a salary of at least 3 minimum wages.

Calculation of pensions for those born before 1967: procedure for registering accruals

General information on Soviet experience People who are retiring at this particular moment worked during the Soviet Union (before the collapse of the USSR in 1991). A lot has changed in the period up to now, including when calculating pensions. Periods of labor and social activity for a future pensioner entail the appointment of an increase in pension according to a certain system.

An example of calculation is given later in the article. The entire period of work experience is, conditionally, divided into 4 periods:

• until 1991;
• 1991-2001;
• 2002-2014;
• 2015 – present.

All information on the calculation of pensions, including for Soviet service, is presented in exhaustive quantities in Federal Law of Russia No. 173-FZ. It also provides examples of calculations and a formula according to which all calculations should be carried out.

Features of calculating pensions in 2024

The pension reform ongoing today should end in 2024. by this time, the cost of 1 PB will increase to 116.6 rubles, and the maximum allowable number of points accumulated per year will be up to 10 units. Based on these values, pensions will be calculated in 2024.

The conditions for obtaining a pension at this time will be as follows:

• The minimum age limit is 65 years for men and 60 for women.
• The minimum IPC is 30 points.
• Minimum work experience – 15 years.

Calculation rules after 2024

The pension reform, which changed the rules for calculating pensions and the age of citizens who can go on vacation, is being carried out gradually. The process ends in 2024, and at this time the price of one PB will be 116.6 rubles, and in a year of work you can accumulate up to 10 points. Based on these indicators, the correct calculation will be carried out in the future, and you can do it yourself.

Women will have to reach the age of 60 to receive the payment, and men work 5 years more. The minimum required IPC is 30 points, and the work experience must be more than 15 years. If these conditions are not met, then women work until the age of 65, and men until the age of 70, after which they are assigned a social benefit, the amount of which depends on the subsistence level.

Questions and answers

Finally, let’s look at a number of questions that most often arise among Russians regarding the recent pension innovations.

What are E-points?

E-points are an electronic analogue of the IPC, reflecting the status of a citizen’s insurance account. They are accrued by Pension Fund employees depending on the amount of the employee’s salary and the length of his work experience.

What to do if there is not enough PB?

Sometimes a situation occurs when a person has experience, but no points. Persons who do not have enough IPC to obtain an insurance pension are assigned a social pension. It is significantly lower in value, so it is recommended to increase the number of individual pension points before retirement. You can do this by postponing retirement for a year or two and earn the necessary PB.

You can also include unaccounted periods in your total length of service: military service, caring for young children, disabled people and the elderly. In this case, 1.8 points are awarded for each year. As a last resort, the missing points can simply be purchased.

How to buy missing points?

Pension legislation provides for the possibility of purchasing PB by those individuals who do not have enough IPC to assign an insurance pension. To do this, you should contact the territorial branch of the Pension Fund. The purchase is actually made in the form of payment of additional contributions to the compulsory pension system, but made not by the employer, but by the citizen himself from personal savings.

Child care points?

Additional IPC points are awarded for time spent caring for children less than 1.5 years old. In this case, the calculation procedure is as follows:

• For 1st child – 1.8 points.
• For the 2nd - 3.6
• For 3rd - 5.4.

For the fourth and subsequent children, additional PB is not accrued.

Scoring for the Soviet period

The length of service of citizens who began their working life back in Soviet times is calculated in accordance with Federal Law No. 173. The calculation algorithm looks like this:

• The salary coefficient is calculated - the ratio of a citizen’s earnings and the level of the average salary in the country. If this indicator is no more than 1.2, then only the maximum threshold will be taken into account.
• Next, the coefficient is calculated, which ranges from 0.55 to 0.75%. At the same time, the length of experience of 25 years (for women - 20) gives a coefficient of 0.55%. To receive 0.75%, a man had to work for 45 years, and a woman - 40.
• Next, the obtained coefficients, length of service and salary, are multiplied. The resulting number is multiplied by the average salary in the USSR for 1991 (1.67 thousand rubles).
• From the resulting number, subtract 450 - the value of the basic pension in 2001.
• The last step is to index the resulting difference for past years and divide it by the current price of 1 PB. The result is the accumulated number of pension points during the Soviet era.

30 points for a pension, how much is that?

By 2024 It is planned to set the minimum IPC threshold required for calculating an insurance pension at 30 points. Is it a lot or a little? From 2021 the maximum number of points that can be accumulated in a year will be 10. But this is provided that the employee’s salary will be the maximum from which contributions are deducted: in 2020. this is 74 thousand rubles. In this case, to score 30 points, you will have to work for only 3 years. But, since the average salary in the country is almost half as much, most Russians will need to work twice as long to earn 30 PB. And with a salary equal to the minimum wage (9.7 thousand) per year, you can accumulate no more than 1.5 IPC points.

Number of PBs per year of service, and their accumulation

The points accumulated for each year of service are added up, with the result that by the time a citizen reaches the age threshold required for retirement, a certain amount of PB is accumulated in his personal account. Based on it, the amount of pension payments is calculated. In 2020 the maximum number of points that a Russian can earn is limited to 9.13 units. But by 2021 it is planned to increase their possible number to 10.

Attention! Due to recent changes in legislation, the legal information in this article may be out of date!

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Methods of obtaining

In order to find out the number of accrued individual pension coefficients, you should:

• make calculations yourself using the information provided above;
• contact your local Pension Fund office for help;
• use a special calculator posted on the Internet.

If, when assigning pension payments, a pensioner finds out that Soviet-era work experience was not taken into account, he has the right to submit a corresponding application to the territorial division of the Pension Fund for recalculation of the pension.

The developed form for such an application can be found on legal websites on the Internet or on the official website of the Pension Fund.

ATTENTION! Look at the completed sample application to the pension fund for a full pension calculation:

Watch the video. How to calculate pension points:

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Pension points for Soviet service are calculated using formulas simultaneously with the period 1991-2001. It is added to the result for later years of work, and the resulting result will make the pensioner’s income higher. Those who are now retiring worked during the USSR, that is, until 1991. Over the past quarter century, a lot has changed in the pension system. But for each period, the pensioner will be awarded a certain number of points, which will cumulatively increase his payments. The portal “I am a capitalist” has figured out how to calculate pension points for Soviet service. So, the entire employee experience is divided into stages:

• before 1991;
• from 1991 to 2001;
• from 2002 to 2014;
• from 2020 until retirement.

Read more: How to prove kinship when entering into an inheritance

Let's start from the end. We talk about the new pension system, in force since 2015, in another article about pension points.