The pension Fund ran out of money for surcharges to pensioners

The pension Fund ran out of money for surcharges to pensioners

Spending of the Pension Fund of Russia on the required by law to surcharge low-income seniors for six months exceeded the annual limit of funds envisaged in the budget of the Fund for these purposes, it follows from the operational report of the accounts chamber on execution of the budget of the FIU in the first half of 2016. The expenditure, which the FIU had not foreseen, was the first half of RUB 3.3 billion (6.5%) and in seven months — more than 11 billion rubles, it follows from the data of the Federal Treasury. So that pensioners are not left without surcharges, we have to use transfers from the Federal budget.

For the six months of 2016, payments were spent RUR 47.2 billion in planned for the year of 43.9 billion rubles, the audit says. And in the first seven months of the year has spent 55.2 billion rubles, according to the materials of the exchequer. Until the end of the year, the expenses of the FIU payments to low-income retirees could increase by almost half from the scheduled, predicted SP. The accuracy of the data of the accounting chamber was confirmed by the representative of the FIU.

Who pays

Speech of the Federal social additional payment to pensions, which the government paid to pensioners whose benefits are inferior to the subsistence level established in their regions. Using these bonuses pensions Russians brought to the subsistence level. In addition to the Federal pension supplements paid by the RPF, there are also regional — their seniors appointed and paid by the regional authorities. Federal surcharges are assigned to seniors in the regions where the subsistence minimum of a pensioner is below or equal to the national average. And in regions where the living wage of the pensioner above all, pensioners underpaid regional authorities.

Now the Federal surcharge to pensions receive about 4 million Russians — nearly a tenth of all Russian pensioners (April 1, 2016 was 42.8 million people), to the report of the accounting chamber. The average amount of the Supplement is 1.96 thousand RUB, the minimum in the Bryansk region (1.1 million rubles), the maximum — in Chechnya (3 thousand rubles).

A living wage above, the indexing — less

The chamber links the soaring costs of the FIU under article about surcharges to pensions to the magnitude of indexation of pensions — it this year was only 4%, far below the level of inflation in 2015 (12.9 per cent). “Given the dynamics of the subsistence minimum of a pensioner in terms of indexation of pensions by 4%,” the auditors during the layout of the pension Fund budget in 2016, warned the Foundation that they laid the money may not be enough for surcharges to pensioners, but their comments were not taken into account, it is told in the audit chamber report. Indeed, she wrote the opinion on the draft budget of the FIU in 2016, 4% indexation of pensions by increasing the living wage to 8.8 thousand RUB will lead to the fact that in 2016 the average size of social pensions in Russia (8,6 thousand rubles) will be below the national subsistence minimum. However, the auditors did not anticipate the dramatic increase in the number in need of additional payments — lack of funds FIU, according to their calculations, was not supposed to exceed 3.8 billion rubles.

Living wage this year increased significantly, and pensions were indexed at 4%, in fact, remained the same, agrees Director of the Scientific research financial Institute of the Ministry of Finance Vladimir Nazarov. Therefore, supplements to pensions needed more people, says the expert.

The rising costs of PFR really is associated with the increase in the number of recipients of additional payments to pensions, confirms the Fund in response to the request . In the last month of 2015 (after the budget of the FIU in 2016), their number increased by more than 1.2 million people (2.5 million to 3.7 million), said the representative of the FIU. The number needing additional payment of pensioners continues to increase, and in 2016, says the chamber: according to her, is now a recipient of Federal pension payments to almost 4 million

Among the reasons for such a large increase in the number of recipients of pension supplements, PFR calls a significant increase in the subsistence level (it is reviewed on a quarterly basis). The national average subsistence level for 2016 has increased by almost 23% (1.6 million rubles) and now stands at 8.8 thousand rubles, and in 2015 was less than 7.2 thousand rubles. In the regions which determine a subsistence level of a pensioner alone, this figure rose even more — by 25% on average, said FIU.

At the same time in 2016, significantly increased the number of regions in which the subsistence level is set at least slightly less than or equal to the national average. In such cases, the additional payment to pensioners in these regions have to pay the FIU, and not the regional authorities. According to the FIU, in 2016, the number of regions that have fallen from the regional to the Federal Supplement to pensioners has increased from 67 to 71. Thus, there are now 14 regions pay its pensioners on their own, in 2015, the figure was 18. The expenses of the FIU at the Federal surcharge to pensioners grew and the year before, follows from the data from the website of the FIU: in 2015, the Fund’s expenses under this article increased by 14%, having exceeded RUB 42 billion (see chart).

All the decide transfers

Federal pension supplements are paid on time and in full, assured the representative of the FIU. Bonuses are paid at the expense of redistribution of transfers within the Fund, the source said . Funds for the payment of surcharges to pensions FIU receives from the Federal budget: for seven months of the year to Fund for these purposes are listed 47,6 billion rubles, it is clear from materials of the Federal Treasury.

Discussion about the need to increase budgetary transfers to the Pension Fund because of a problem with additional payments to the pension Fund’s representative considered that it was premature. Nazarov of the Scientific-research financial Institute of the Ministry of Finance also declined to forecast about the future needs of the FIU to increase transfer. The Finance Ministry did not respond to a request about a possible increase in the transfer of the FIU from-for the arisen problems.

The first half of the PFR was completed with a surplus of 19 billion rubles, and by the end of July, the Fund’s budget surplus reached 82.7 billion rubles, follows from the Treasury. But given transfers from the Federal budget, the total volume of which in January—July exceeded 2 trillion rubles.