The Cabinet: the indexation of pensions in 2016 will be held in two stages

MOSCOW, October 9. The government of the Russian Federation adopted the decision on the indexation of pensions in 2016. As reported in the press service of the Cabinet, the first indexation will take place on 1 February 2016, a decision on the second will be associated with economic outcomes.

“At a government meeting on Thursday during budget discussions it was decided the order of this index, – have informed in a press-service of the Cabinet. – February 1, 2016 will be the first stage. Funds already budgeted 2016. The decision on the second stage of indexation will be linked to performance in the first half of the year and the results will show the economy”.

Answering the question about the indexation of pensions in 2016, the press service explained that during the meeting of Prime Minister Dmitry Medvedev with representatives of “United Russia”, which took place on Wednesday, the Prime Minister supported the initiative of the party of a two-stage indexation of pensions in 2016.

The press service said that any other comments on this topic are incompetent.