How to calculate pension valorization. What is pension valorization? Examples of pension calculations taking into account valorization

In 2010, one of the most important tasks of the pension reform was implemented - valorization, i.e. an increase in the monetary value of the pension rights of older citizens, formed by them at the beginning of economic reforms in our country.

Valorization is of a one-time nature. Essentially, it affected primarily those citizens whose Soviet work experience was 30-40 years - our older generation, our grandparents, who are about 70 years old and older.

Previously, to calculate the labor pension, a special indicator of the average salary in the country was used, which was lower than its average statistical value, which was the reason for the underestimation of the pension rights of older citizens. As a result, many pensioners did not receive the increase in pension they were entitled to for their length of service. This is now being corrected through valorization.

In the course of valorization, it is envisaged to increase the pension rights of citizens (i.e., the estimated pension capital) by 10% for the presence of total work experience (this is the base revaluation rate) and individually for each by 1% (without restrictions) for each year of Soviet work experience until 01.01 .1991. Moreover, the amount of the estimated pension capital will be similarly recalculated for all workers who have not yet reached retirement age, but who have work experience before 01/01/2002.

In this case, the valorization amounts for each pensioner are multiplied by the indexation coefficient (the earlier the date of assignment of the pension, the higher the indexation coefficient: for pensions assigned before 2002, the increase index is maximum).

In addition, all non-working pensioners permanently residing on the territory of the Russian Federation, whose pension amount along with other social payments does not reach the minimum subsistence level established in the Russian Federation, are provided with federal or regional social supplements to their pension.

For most readers who do not understand the term “valorization,” let us explain its meaning. Moreover, this concept defines pension provision not only for the older generation, but also for millions of currently working citizens - everyone who had at least a month of work experience and earnings before the beginning of 2002.

« Valorization" is a word of French origin and means in a professional environment an increase in the monetary value of something, such as currency or securities, as a result of measures carried out by the state. In our case, valorization is a revaluation, increase or indexation of the monetary value of pension rights (or the so-called estimated pension capital) acquired by citizens as of 01/01/2002.

Pension rights are the amount of estimated pension capital (information on wages, length of service and the amount of transferred insurance contributions as of 01/01/2002), taking into account which the insurance part of their labor pension is determined by calculation for older generation pensioners.

Every working citizen who is insured in the compulsory pension insurance system and has a plastic pension certificate has a calculated pension captain.

The estimated amount of the old-age pension as of 01/01/2002 is called the estimated amount. Using the estimated pension amount, the estimated pension capital is determined. It consists of the length of service and wages that the insured person received before 01/01/2002, and is converted into a monetary value - the amount of insurance premiums, subject to annual indexation. There were 16 such indexations in total; the total increase factor today is 3.678. Until a citizen is assigned a labor pension, his estimated pension capital is indexed in accordance with clause 11 of Art. 30 of the Law on Labor Pensions.

When a citizen becomes a recipient of a labor pension, his estimated pension capital is converted into the insurance part of the labor pension, and from that moment on, the insurance part of his pension, and not the estimated pension capital, is indexed.

Valorization is a revaluation of the monetary value of pension rights that were acquired by citizens during the Soviet period. Today's pensioners with Soviet experience and citizens who are just about to retire fall under valorization.

Valorization is subject to the type of length of service that takes into account the initial calculated pension capital of the insured person. Estimated pension capital is an individual concept. If the estimated pension capital is calculated taking into account the total length of service, then the amount of valorization is determined taking into account the total length of service, and if the estimated pension capital is determined taking into account special experience, then the number of years of special experience is taken into account for valorization. In this case, both general and special work experience are calculated in calendar order.

If the calculated pension capital is determined without taking into account the period of study, as the most profitable option for converting pension rights, then, naturally, it will not be taken into account during valorization from 01/01/2010.

The length of service for valorization is determined in the following order: 10% for having work experience before 01/01/2002 plus an additional 1% for each full year of general or special work experience before 01/01/1991 (depending on the option for calculating pension capital) plus 10% for having work experience length of service up to

01/01/2002. The resulting amount may vary significantly among different pensioners, depending on the type of work experience, individual earnings and other features that are taken into account in the calculation. It should be borne in mind that this is an individual recalculation, since both the length of service and wages are different for everyone.

These increases relate only to the amount of the estimated pension capital formed before 01/01/2002, and do not entail a proportional increase in the entire pension or its insurance part.

Before the pension reform, there were restrictions on length of service. Today they are removed, and each year of work before 1991 is taken into account for valorization. When calculating a pension, length of service is taken into account: for women - no more than 40 years, for men - no more than 45 years.

It is almost impossible to correctly calculate the increase, since as a result of valorization, it is not the insurance part of the pension that increases, but the estimated pension capital. But the percentage of increase as a result of valorization can be calculated independently, but the amount of vaporization will not be the same for everyone.

Maria Petrovna, born in 1936, has the maximum length of service and earnings taken into account for assessing pension rights as of 01/01/2002.

The duration of the insurance (general labor) length of service until 2002 was 42 years, including: until 01/01/2002 - 42 years;

Until 01/01/1991 - 40 years.

Initial pension assignment in 1991

Let us determine the size of the insurance part of the pension, taking into account valorization.

Since Maria Petrovna does not work, only the insurance part of the old-age pension is subject to valorization. The insurance part of the regular old-age labor pension as of January 1, 2002 could not exceed 1,054 rubles. Taking into account all indexations, the maximum amount of the insurance part of the labor pension as of 01/01/2010 was:

MF = 1054 rub. X 3.678 = 3876 rub.

As a result valorization the insurance part of the labor pension increased by 52% (10% + (1% x 42 years).

Under such conditions, the insurance part of the old-age labor pension increased from 01/01/2010 by 52% and amounted to 2015 rubles. 52 kopecks : (RUB 3,876 x 0.52). The amount of the insurance part of the pension, taking into account valorization, was: 2015.52 rubles. – 1054 rub. = 961 rub. 52 kopecks

The amount of pension increase for all age groups is on average 1,100 rubles, and for “young” pensioners who retired after 2002, including early, the average increase will be 300-700 rubles. depending on the length of work experience taken into account when assessing pension rights and the date of assignment of the pension.

Average valorization indicators do not play a special indicative role, since the estimated pension capital is individual in nature. To calculate valorization, they take the personal data of each pensioner, his length of service until January 1, 1991, and the estimated pension capital. As a result, each pensioner received an individual increase in their pension.

If a citizen does not have periods of total work experience before 01/01/1991 and his work experience consists of periods starting from 1991, then the amount of valorization will be 10% of the estimated pension capital (regardless of the length of total work experience for the period from 1991 to 01/01 .2002).

If the length of a citizen’s total work experience before 01/01/1991 is 10 years, then the amount of valorization will be 20% of the estimated pension capital.

If a citizen has 25 years of total work experience before 01/01/1991, and after this date he did not work at all, then the valorization amount will be 35%.

For all working citizens who have not yet reached retirement age, but who have work experience before 1991, the size of their labor pension will also be determined taking into account valorization, plus 10% for work in 1991-2001.

This will provide a fairer assessment of the labor contribution of citizens who worked during the Soviet era, primarily to current pensioners who have extensive Soviet experience, but due to age and health conditions cannot earn a high labor pension according to the rules of the 2002 pension reform.

From January 1, 2010, the size of labor pensions will be increased through the increase (valorization) of the pension rights of citizens acquired by them before 01/01/2002.

Valorization of pensions is an increase in pension rights that were acquired by citizens before January 1, 2002. At the same time, valorization will affect not only current pensioners, but also citizens who have worked before 2002 and have not yet reached retirement age. According to the Penza Fund, valorization will affect 36.5 million pensioners (in the Penza region - 373.4 thousand pensioners).

Valorization amount from January 1, 2010 will be calculated individually for each citizen who had work experience before 2002. in the following order: the estimated pension capital of a particular citizen available as of January 1, 2002 will be increased by 10% and an additional 1% for each full year of service completed before 1991.

Recalculation of pensions taking into account valorization amounts from January 1, 2010. will be paid to all recipients of labor pensions (old age, disability, loss of a breadwinner) who have worked periods before January 1, 2002. It is for the presence of such periods of work that the calculated pension capital will be increased by the initial value of the valorization amount - 10% (this is a fixed amount). For periods of work before January 1, 1991, the so-called “Soviet” length of service, an additional amount of valorization will be determined - 1% for each full year of experience worked out before January 1, 1991.

For example, a citizen has been a recipient of an old-age labor pension since 2001. His work experience, developed in the period from 1960 to 2001 inclusive, is 40 full years, with 30 full years worked before 1991. Therefore, the total percentage increase in the estimated pension capital will be 40% (10% for the length of service available before January 1, 2002, + 30% for each full year worked before January 1, 1991).

Thus, each recipient of a labor pension, knowing the length of his work experience (before 2002 and before 1991), can determine in advance his valorization amount as a percentage.

Valorization is of an undeclared nature. Recalculation of pension amounts will be carried out by the Pension Fund automatically, taking into account all documents available in the pension file. The personal presence of a citizen will be required only if he expresses a desire to include in the pension file additional years of Soviet labor experience that were not previously taken into account. This mainly applies to those who worked for more than 45 years (for men) and more than 40 years (for women), since this was the maximum length of service in the USSR for calculating a pension and many did not consider it necessary to confirm length of service beyond this period.

Valorization will be carried out entirely at the expense of the federal budget.

Term translated as "overestimation" and is used in economics when it comes to increasing the cost of goods or services. The concept of “Valorization” in the pension system means a change in pension rights in the direction of increasing it until 01/01/2002. This procedure applies to all pensioners and those citizens who are going to become them in 2019 or the coming years.

The essence of valorization is as follows: as of 01/01/02. The Pension Fund has established a certain amount of the estimated capital of the insured person. Capital increases by 10% of the initial value and by 1% for each subsequent year of service until 01/01/91.

For each citizen, the recalculation is individual and depends on the number of years of work. Periods of any socially useful activity are also included in the length of service. There are no restrictions on total length of service.

Valorization is application-free, that is, citizens are not required to write an application to the Pension Fund for a revision of capital. Recalculation is carried out automatically for all pensioners based on documents in the personal file.

The presence of the pensioner himself may be necessary if he himself expresses a desire to submit additional documents to the Pension Fund about years of work that were not declared earlier. This applies to those who have worked for 45/40 years (men/women).

In Soviet times, this length of service was considered the limit when assigning pension amounts. Funds for valorization from the Federal budget amounted to 500 billion rubles.

The purpose of valorization is to increase the standard of living of pensioners. In Russia it is held from 01/01/10. to this day to all persons who have retired. The procedure for increasing pension benefits is carried out by Pension Fund employees annually. To do this, all information about the estimated capital of citizens of retirement age as of 01.01 is raised. current year contained in the database.

Until 2002, the calculation of the amount of pension capital was based on the following indicators:

• At the choice of the citizen, the amount of wages for any 5 years.
• Full work experience.

In 2002, it was decided to include employer contributions in this list. The system operated in this form until 2014, when innovations appeared in it in the form IPC – accumulated points during your work.

An analysis of the savings system showed that until 2002 there were no insurance contributions, and therefore the pensions of older citizens suffered greatly in size.

In order to equalize the rights of pensioners who received pensions in Soviet times with those currently in effect, the Russian government adopted a resolution to increase the amount of payments.

Corresponding changes were made to the Federal Law on Pensions to carry out mass valorization, which began to be carried out on 01/01/10, and the capital of future and current pensioners began to grow.

A significant increase was felt by those who had a long work history before 2002. For citizens who retired in the period 2010-2014, valorization went unnoticed, since the increase was automatically included in the amount of payments when accrued.

In 2015 Significant changes were made to the legislation, many innovations appeared, but not a word was said about valorization. The law no longer applies, but the provision by which the amount of the insurance portion is determined remains in force.

All pensioners, starting from 2015, who were officially employed and had some length of service before 2002, retained their right to increase their pension capital.

On the meaning of the concepts of indexation, valorization, recalculation

All three concepts operate in parallel in the pension legislation system, because they have completely different meanings. Their only similarity is that they are used to increase pension benefits. Their differences lie in the accrual mechanism and their legal basis.

1. – procedure for changing the value index. In this way, the decrease in the purchasing power of pensioners is compensated for by the inflation rate. The indexation percentage is set by the government and brings the size of the pension to the level of the consumer basket. As a result of its implementation, payments to pensioners should, at a minimum, reach the level of the consumer basket. For some categories of pensioners, indexation is carried out in the form of an increase in monetary remuneration - for astronauts and civil servants.
2. – an increase in the size of the pension, which was lowered in Soviet times, is carried out for citizens with any length of service before 2002. The increase is carried out without the presence of citizens. The amount of the bonus depends on the length of service earned before 1991 and the regional coefficient, if any.
3. Recalculation– is carried out if circumstances have changed that influenced the amount of the pension. It is necessary to provide documents that confirm the changes. For example, recalculation regularly occurs at , since as the length of service increases, the number of employer contributions to the insurance part of his pension increases.

About the rules of valorization

The calculation of pension capital is carried out by Pension Fund employees, but every citizen can do this independently and roughly imagine whether it is possible to hope for anything at all in terms of increasing payments.

All data on the estimated capital of citizens as of 01/01/02. are in the PF database.

Everyone who worked in the USSR has a certain number of years of experience before 2002. From 01/01/10. this capital is multiplied by 10% one-time, then another 1% for each full year after 1991.

The national average increase in capital in pension accounts was 1,430 rubles. per month.

In each case, it is individual and depends on the age and time of retirement:

Increased pensions are subject to all indexations carried out throughout the year. To recalculate the amount of pension provision, you must submit an application from the Pension Fund.

If new circumstances have arisen, new documentary evidence has appeared about the existing experience for previous years, which were not taken into account at the time when assigning pension payments. In other cases, valorization is performed automatically.

• Conversion– transformation, transfer of pension rights into capital for those who were employed before 2002.
• Work experience coefficient– the entire time period of work until 2002. It is calculated from 0.55 with 25 years of experience, to 0.75 with more experience. For 1 additional year of work, 1% is added, but not more than 75% in total. If the experience is less than 25 years, then the percentage decreases proportionally.

Calculation examples:

• The citizen has 34 years of work experience, 33 in Soviet times. An old-age pension was assigned in 1992, and he has not worked since then. His capital will increase by a total of 10% from 01/01/10. and by 33%. Total - by 43%. The insurance part of the labor pension will be increased taking into account these percentages.
• The citizen retired due to age in 1985 with a total experience of 40 years. To the Pension Fund she provided documents on her work activity for 12 years until 2002 and 7 years until 01/01/91. In this case, the capital increase will occur in the amount of 10% and 29% during work in the USSR. As a result, there will be an increase in pension capital by 39% and a recalculation of the insurance part.

1. Year of birth of the citizen.
2. Insurance period:
   • until 01.01.02.
   • until 01/01/91.
   • after 01/01/02.
3. The ratio of wages in different periods.
4. Year of granting the old-age pension.
5. Average salary in the country after 01/01/02.

The formula for valorization is:

PC = (RP - warhead) x T

• PC– pension capital.
• RP– pension amount.
• Warhead– basic part of the pension as of 01/01/02 (450 rubles)
• T– period of payment of old-age pension benefits.

Thus, the increase in pension capital is calculated by substituting individual values ​​into the generally accepted formula, where only the size of the basic part of the pension payment as of 01/01/02 is the same for everyone.

Article 30.1. Valorization of the value of the estimated pension capital of the insured person, calculated when assessing his pension rights

1. The amount of the estimated pension capital of the insured person, calculated in accordance with Article 30 of this Federal Law, is subject to valorization (increase).

The amount of valorization is 10 percent of the estimated pension capital calculated in accordance with Article 30 of this Federal Law, and, in addition, 1 percent of the estimated pension capital for each full year of total work experience acquired before January 1, 1991, determined in accordance with paragraphs 2 and this article.

2. In order to valorize the amount of the estimated pension capital, the total length of service includes periods of labor and other socially useful activities that were included in the specified length of service when assessing pension rights in accordance with Article 30 of this Federal Law. The inclusion of relevant periods of labor and other socially useful activities in the total length of service is carried out in the same manner as was applied when determining the estimated amount of the labor pension. At the same time, the duration of the total length of service taken into account for the purpose of valorizing the amount of the estimated pension capital is not subject to limitation.

3. When valorizing the value of the estimated pension capital of citizens who simultaneously receive the insurance part of an old-age labor pension and a long-service pension (disability pension) in accordance with the Law of the Russian Federation “On pension provision for persons who served in military service, service in internal affairs bodies, State fire service, authorities for control over the circulation of narcotic drugs and psychotropic substances, institutions and bodies of the penal system, and their families", the total length of service provided for in paragraph 2 of this article does not include periods of service prior to the award of a disability pension, or periods of service, work and other activities taken into account when determining the amount of long service pension in accordance with the specified Law.

When valorizing the value of the estimated pension capital of citizens from among the cosmonauts who simultaneously receive the insurance part of the old-age labor pension and the long-service pension (disability pension) provided for by the Federal Law "On State Pension Provision in the Russian Federation", the total length of service provided for in paragraph 2 of this article, periods of work (service) and other activities preceding the assignment of a disability pension, or periods of work (service) and other activities taken into account when determining the amount of a long-service pension in accordance with the specified Federal Law are not included.

4. The amount of valorization of the value of the estimated pension capital of insured persons whose pension rights were assessed at their choice using length of service in the relevant types of work (existing and full), is determined based on the length of experience in the relevant types of work.

12/21/2018, Sashka Bukashka

Valorization of a pension is a revaluation of the pension rights that citizens have acquired in a certain period of time. Let's figure out what valorization means and how it is carried out.

Valorization: let's understand the concepts

So, let’s define what pension valorization is. In simple terms, this is a revaluation of the monetary rights of pensioners that arose before 2002. Let us recall that until 2002, pensions for Russian citizens were assigned not based on accumulated pension points and, but taking into account average earnings for a certain period of time and the total duration of work.

The pension reform of 2002 adjusted the old accrual procedure. After the innovations came into force, payments began to be calculated depending on the insurance contributions actually paid for compulsory pension insurance.

Pensions calculated according to the old rules were quite modest. To compensate for unfairly low accruals, officials decided to valorize pensions granted before 2002. This decision was made back in 2009, and the valorization of pensions began in 2010.

How pensions are valorized

So, we’ve sorted out the definition of what valorization of pension rights is. Now let's determine how the procedure itself is carried out. The following factors are assessed first:

1. The amount of accrued pension capital that was registered with a specific citizen until 2002.
2. Total duration of work activity. All operating periods up to 2002 are included.
3. Experience in Soviet times. All years worked before 1991 are taken into account here.
4. Length of service and contributions to compulsory pension insurance in periods after 2002.

Valorization of pensions is carried out according to a very simple scheme. Thus, all savings before 2002 increase by 10%. And for each fully worked year in the Soviet Union (periods before 1991), 1% is added to 10%. As a result, the recalculation of accrued pensions is carried out on a strictly individual basis.

Valorization is carried out automatically. The procedure is non-declarative. That is, no applications are required to be submitted to the Pension Fund for revaluation. However, in some cases you will have to prepare additional supporting documents. For example, when the Pension Fund information databases do not contain information about any periods of a citizen’s labor activity.

The average values ​​of the valorization (revaluation) carried out have specific meanings for each person. Thus, already calculated pensions are increased from 700 to 1,700 rubles. The specific amount depends on the length of service and earnings. The larger they are, the higher the increase after valorization of the pension.

It is worth noting that special increasing coefficients are provided for pensioners of the Far North. On average, the bonus for northern experience varies from 1.4% to 1.9%. Let us recall that a year of experience in the Far North is equivalent to one and a half years of work in ordinary regions of Russia.

Practical points about pension valorization

So, let's summarize:

1. What does valorization of pension rights mean? In essence, this is an upward revaluation of pension savings accrued before 2002.
2. Who will be affected by the revaluation? The procedure will affect all Russians, without exception, who have work experience in the period before December 31, 2001. Valorization will affect not only citizens who are already pensioners, but also the young population.
3. Deadline for pension valorization. The procedure came into force on 01/01/2010. It was from this date that all accrued pensions were revalued.
4. Increase size. There is no specific amount; the increase is calculated on an individual basis. It all depends on the length of service in Soviet and post-Soviet times, until 2002. The average increase is from 700 to 1,700 rubles.
5. Where to go for a raise. No application is required. The Pension Fund of Russia carries out the revaluation automatically, based on documents in the individual file of the pensioner. It is permissible to contact the Pension Fund to provide additional information about unaccounted experience. For example, if employment documents were lost during Soviet times, but they have now been restored.

What about indexing?

Pension indexation is a recalculation of the value of pension points upward, associated with an increase in prices for the food basket. In simple words, prices in stores increased, and officials adjusted the social security of citizens - they indexed pensions and benefits.

The concepts of “valorization” and “indexation” should not be confused. Revaluation of pension payments is carried out for the accumulated length of service, and indexation is carried out to everyone, without exception, in a single amount.

Valorized savings are also subject to annual indexation. There are no exceptions. The indexation coefficients for the “overvalued” state pension are the same as for everyone.