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Cost of the pension coefficient


The cost of the pension coefficient is a monetary parameter taken into account when determining the amount of an insurance pension, reflecting the ratio between the total amount of contributions for the financial support of insurance pensions and transfers from the federal budget received by the Pension and Social Insurance Fund of the Russian Federation in the relevant year, and the total sum of individual pension coefficients of recipients of insurance pensions1.

  1. Federal Law No. 400-FZ of December 28, 2013 "On Insurance Pensions". 2013, as amended on January 1, 2023, Article 3, paragraph 4. ↩

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