Calculation of pension amount based on length of service, earnings and pension points
Calculation of pension amount based on length of service, earnings and pension points
calculators.pension.hints.minimumExperience
calculators.pension.hints.useAverageSalary
calculators.pension.hints.retirementAgeInfo
Enter parameters for calculation
An online pension calculator will help you calculate the expected pension amount based on your length of service, average salary and pension points (IPC). Takes into account the fixed benefit, the value of the pension point and the minimum requirements for receiving a pension.
A pension in Russia consists of a fixed payment and an insurance part, which is calculated on the basis of pension points. A pension point (IPC) is awarded for each year of work and depends on the amount of salary. The minimum length of service to receive a pension is 15 years, the minimum number of points is 30. Calculation formula: Pension = Fixed payment + (IPC × Point cost).
Let's look at practical examples of calculating pensions for various situations:
An employee with average experience and salary
Input data:
Age: 45 years
Experience: 25 years
Salary: 50,000 ₽/month
Retirement age: 60 yearsCalculation:
IPC for the year ≈ 5.3 points
IPC for 25 years ≈ 132.5 points
Fixed payment ≈ 8134 ₽
Point cost ≈ 133.05 ₽
Pension = 8134 + (132.5 × 133.05) = 8134 + 17629 = 25763 ₽Result:
Estimated pension: 25763 ₽/month
Type:
Average length of service
With 25 years of experience and an average salary, the pension is about 50% of the salary
An employee with extensive experience and a high salary
Input data:
Age: 58 years
Experience: 40 years
Salary: 80,000 ₽/month
Retirement age: 60 yearsCalculation:
IPC for the year ≈ 8.5 points
IPC for 40 years ≈ 340 points
Fixed payment ≈ 8134 ₽
Point cost ≈ 133.05 ₽
Pension = 8134 + (340 × 133.05) = 8134 + 45237 = 53371 ₽Result:
Estimated pension: 53371 ₽/month
Type:
Extensive experience
With long experience and high salary, the pension can exceed 50,000 ₽
An employee with minimal experience
Input data:
Age: 55 years
Experience: 15 years
Salary: 35,000 ₽/month
Retirement age: 60 yearsCalculation:
IPC for the year ≈ 3.7 points
IPC for 15 years ≈ 55.5 points
Fixed payment ≈ 8134 ₽
Point cost ≈ 133.05 ₽
Pension = 8134 + (55.5 × 133.05) = 8134 + 7384 = 15518 ₽Result:
Estimated pension: 15518 ₽/month
Type:
Minimum experience
With a minimum of 15 years of service, the pension is close to the minimum level
An employee with good experience and a high salary
Input data:
Age: 55 years
Experience: 30 years
Salary: 120,000 ₽/month
Retirement age: 60 yearsCalculation:
IPC for the year ≈ 10.0 points (maximum)
IPC for 30 years ≈ 300 points
Fixed payment ≈ 8134 ₽
Point cost ≈ 133.05 ₽
Pension = 8134 + (300 × 133.05) = 8134 + 39915 = 48049 ₽Result:
Estimated pension: 48049 ₽/month
Type:
High income
With a high salary, the maximum number of points per year is awarded
Calculation for continuing work until retirement age
Input data:
Age: 50 years
Experience: 20 years
Salary: 60,000 ₽/month
Retirement age: 60 years
Additional experience: 10 yearsCalculation:
Current IPC ≈ 100 points
IPC for additional 10 years ≈ 60 points
Total IPC ≈ 160 points
Pension = 8134 + (160 × 133.05) = 8134 + 21288 = 29422 ₽Result:
Estimated pension: 29422 ₽/month
Type:
Planning
Continuing to work increases length of service and pension points, increasing the size of the pension
Calculation for the case of minimum experience and salary
Input data:
Age: 60 years
Experience: 15 years
Salary: 25,000 ₽/month
Retirement age: 60 yearsCalculation:
IPC for the year ≈ 2.6 points
IPC for 15 years ≈ 39 points
Fixed payment ≈ 8134 ₽
Point cost ≈ 133.05 ₽
Pension = 8134 + (39 × 133.05) = 8134 + 5189 = 13323 ₽
If the pension is below the subsistence level, additional payment up to PMResult:
Estimated pension: 13323 ₽/month (with additional payment up to PM)
Type:
Minimum
If the calculated pension is below the subsistence level, an additional payment is made
Pension calculation in Russia includes several components to determine the amount of pension coverage.
Accurate calculation of the expected pension amount based on length of service, earnings and pension points, taking into account a fixed payment
Analysis of accumulated pension points (IPC) and comparison with the minimum requirements for receiving a pension
Planning work experience before retirement and calculating total length of service to determine eligibility for a pension
High accuracy of calculations based on current Pension Fund data and official formulas for calculating pensions
Using a pension calculator provides many advantages: accurate calculation of the pension amount, analysis of pension points, pension planning.
Accurate calculation of the pension amount, taking into account all parameters: length of service, salary, pension points, fixed payment and point value
Helps plan retirement benefits by assessing the impact of continuing work and increasing length of service on the size of a future pension
Detailed analysis of pension points and length of service to determine the sufficiency of parameters for receiving a pension
Convenient and fast calculation without the need to study complex formulas and perform calculations manually
To get an accurate result, follow our recommendations when calculating your pension.
Indicate your actual work experience - this is critical for accurate calculation of pension points
Use the average salary for the entire period of work, not just the current one
Remember that the maximum number of points per year is limited (≈10 points)
Take into account the annual indexation of the fixed payment and the cost of the point when planning long-term
Pension = Fixed payment + (IPC × Point value). Fixed payment in 2024 ≈ 8134 ₽, point cost ≈ 133.05 ₽. The IPC is accrued for each year of work depending on the salary.
IPC (Individual Pension Coefficient) are conventional units accrued for each year of work depending on the amount of wages. The maximum number of points per year is ≈ 10. The higher the salary, the more points are awarded.
The minimum work experience to receive a pension in Russia is 15 years. You are also required to earn at least 30 pension points (IPC). With less length of service, a pension is not granted.
The minimum number of pension points (IPC) to receive a pension is 30 points. This requirement is in effect from 2025. Previously, fewer points were required.
Pension points are calculated based on salary and insurance contributions. Formula: IPC = (Insurance premiums for the year / Insurance premium standard) × 10. Maximum ≈ 10 points per year.
A fixed payment is a guaranteed part of the pension established by the state. In 2024 it is ≈ 8134 ₽. The fixed payment is indexed annually taking into account inflation.
Retirement age in Russia: for men - 60 years (with a transition period of up to 65 years by 2028), for women - 55 years (with a transition period of up to 60 years by 2028). There are preferential categories with earlier retirement.
New pension formula: Pension = Fixed payment + (IPC × Point value). The IPC is accrued for each year of work, the cost of the point and the fixed payment are indexed annually.
Yes, the size of your salary directly affects the number of pension points that are awarded per year. The higher the salary (up to a certain limit), the more points and, accordingly, the higher the pension.
Yes, your pension can be increased: by continuing to work after reaching retirement age (points continue to accrue), increasing your salary, accumulating additional length of service, or making voluntary contributions to the Pension Fund.
A funded pension is an additional part of the pension, formed from voluntary contributions by the citizen and the employer. The funded pension is paid separately from the insurance pension.
Experience is taken into account through the calculation of pension points (IPC). For each year of work, points are awarded depending on the salary. The minimum length of service to receive a pension is 15 years.
Yes, if you retire later, you can accumulate more pension points and increase your pension. There are also increasing factors for delayed retirement.
The maximum pension in Russia does not have a strict limit, but depends on the maximum number of pension points that can be accumulated (≈10 points per year). With maximum accruals, the pension can exceed 100,000 rubles.
The minimum pension cannot be lower than the subsistence level of a pensioner in the region. If the calculated pension is lower than the PMP, an additional payment is made to the level of the subsistence minimum.
Yes, military service and service in law enforcement agencies is counted towards work experience. There is a separate system for calculating pensions for military pensioners.
Periods of caring for children up to 1.5 years (up to 6 years in total) are counted towards length of service and earn pension points. For each year of care, a certain number of points are awarded.
Early pension is assigned to certain categories of citizens (working in hazardous conditions, teachers, doctors, etc.) before reaching the generally established retirement age if they have the required length of service.
For the self-employed, the pension is calculated in the same way, but they make insurance contributions on their own. The amount of contributions affects the number of pension points.
Yes, if disability is established, the fixed payment increases. The size of the increase depends on the disability group.
Pension points can be checked through your personal account on the Pension Fund website or the State Services portal. It displays information about accumulated points, length of service and insurance premiums.
The insurance pension is the main part of the pension, formed from insurance contributions by the employer or the citizen himself. Calculated using the formula: Fixed payment + (IPC × Point value).
The pension is indexed annually: the fixed payment and the value of the pension point increase. Indexation is carried out taking into account the level of inflation.
The number of children affects the pension indirectly: periods of childcare are counted towards the length of service and earn pension points. The fixed payment may also increase under certain conditions.
A social pension is assigned to citizens who are not entitled to an insurance pension (insufficient experience or points). The social pension is lower than the insurance pension and is assigned later (for men from 70 years old, for women from 65 years old).
Working pensioners continue to receive pensions, but indexation for them is limited. As you continue to work, pension points continue to accrue, which will be taken into account when recalculating your pension.
Yes, working in several places increases your insurance premiums and, accordingly, the number of pension points. All official income is taken into account when calculating the pension.
The pension increase coefficient is applied for delayed retirement. For each year of deferment, the pension increases by a certain percentage (increasing factor).
Individual entrepreneurs make insurance premiums on their own. The amount of contributions determines the number of pension points. For minimum deposits, a minimum number of points is awarded.
Place of work affects pension through the amount of salary and insurance contributions. Working in regions with higher coefficients (northern regions) can also affect your pension.