Individual Pension Coefficient
Individual pension coefficient — individual pension coefficient for periods from 1 January 2015, as of the day on which the insurance pension for old age, insurance pension for disability or insurance pension in case of loss of a breadwinner is assigned1.
Individual pension coefficient — a parameter reflecting, in relative units, the pension rights of an insured person to an insurance pension formed taking into account the contributions or payments made to the Russian Federation Pension and Social Insurance Fund for the insurance pension, intended for its financing, length of insurance service period, as well as refusal for a certain period to receive an insurance pension2.
The individual pension coefficient — the amount of the individual pension coefficient for periods prior to January 1, 2015, is calculated using the formula: ИПКс = П/СПКк + sum НПi/К/КН (ceased to be in force from 2019-01-01)3.
The individual pension coefficient — the individual pension coefficient as of the day on which the old-age insurance pension, disability insurance pension or insurance pension in case of loss of a breadwinner is assigned4.
Federal Law No. 400-FZ dated December 28, 2013 "On Insurance Pensions". 2013, amended on January 1, 2023, Article 15, paragraph 11. ↩
Federal Law No. 400-FZ dated December 28, 2013 "On Insurance Pensions". 2013, amended on January 1, 2023, Article 3, subpara. 3. ↩
Federal Law No. 400-FZ of December 28, 2013 "On Insurance Pensions". 2013, amended on June 29, 2015, Article 15, paragraph 10, ceased to be in force from January 1, 2019. ↩
Federal Law No. 400-FZ of December 28, 2013 "On Insurance Pensions". 2013, amended on March 6, 2019, Article 15, paragraph 9. ↩