Individual pension coefficient
The individual pension coefficient is determined by multiplying the percentage of the pension amount that applies depending on the length of the work experience, by the ratio of the average monthly earnings for the established period from which the pension is calculated to the average monthly wage in the country for the same period1.
Federal Law No. 113-FZ of July 21, 1997, "On the Procedure for Calculating and Increasing State Pensions" of July 21, 1997, as amended on July 21, 1997, Article 3 // Collection of Laws of the Russian Federation. 1997. No. 30. Art. 3585. ↩