Pension Increases in Summer 2026: Recalculation and Higher Accumulative Payments

In summer 2026, the Russian government will carry out a recalculation of insurance pensions for working pensioners, while recipients of funded pensions will also see an increase, according to Alexei Govyrin, a member of the State Duma Committee on Small and Medium Enterprises. Speaking to TASS, Govyrin stated that the recalculation of insurance pensions will take effect from August 1, applying to working pensioners whose employers paid insurance contributions in 2025 that have not yet been factored into their pension amount. The increase will vary per individual but will not exceed 470.28 rubles per month, equivalent to the value of three individual pension coefficients.

Separately, funded pensions will also be recalculated from August 1, based on the investment results of pension savings for 2025. Govyrin noted that recipients of funded pensions can expect a 17.3% boost, while those receiving urgent pension payments linked to co-financing programs, personal contributions, or maternity capital allocated to future pensions will see a 19.3% increase. No application is required for these recalculations, as they will be processed automatically.

Additionally, some retirees may qualify for an increase due to changes in personal circumstances. For example, when a pensioner turns 80, they become eligible for a double fixed payment to their insurance pension, raising their pension by 9,584.69 rubles, along with an additional care allowance of 1,413.86 rubles per month. The same rule applies to pensioners who have been assigned Group I disability status. However, if such a double fixed payment has already been granted due to Group I disability, it will not be doubled again upon reaching age 80.