The Pension Fund said, due to what the pension will grow

© RIA Novosti / Alexander Krauledat in motobanquistas pension. Archival photoThe Pension Fund said, due to what the pension will grow© RIA Novosti / Alexander Krajevima the image Bank

MOSCOW, 21 sen — news. The head of the Pension Fund of Russia (PFR) Anton Drozdov has explained the projected increase of pensions for pensioners at 11% in the next three years the growth of wages of the Russians.

Drozdov previously reported that the growth of pensions pensioners amount to 11% over the period from 2018 to 2020.

«Revenues, contributions (increase pensions). Rising wages, rising premiums, respectively, will increase pensions», — told RIA Novosti thrush.

He also recalled that the indexation of insurance pensions in 2018 will be above inflation.

«Inflation at 3.2 per cent and pensions will be (indexed) by 3.7% and the fixed (payment to the insurance pensions), we also 3.7% declines, although it should be at the inflation», — he said.

Earlier, the Minister of labour and social protection Maxim Topilin following the discussion of the budget for the next three years, said that pension insurance in the Russian Federation in the following year to be indexed above inflation and earlier in the month, 3.7% from 1 January. Other social benefits at the same time, according to the Minister, will index traditionally February 1 and actual inflation, which, according to the latest forecast by the MAYOR, will be at the end of 2017 of 3.2%.