Wednesday, August 24, 2016

Cropped indexing why retirees would lose by a one-time payment – RBC

Prime Minister Dmitry Medvedev during a May trip to the Crimea, which is remembered by the phrase” no money, but you hold on »

Photo: Dmitry Astakhov / press-service of the government / TASS

The government refused from the second indexation of pensions this year. Instead, payments to pensioners in January 2017 by 5 thousand. Rub. For pensioners it is a losing option, but for the state – winning

«Now we do not have sufficient resources to carry out indexing in the second half of the year in the usual form, but doindeksirovat retirement is necessary – it is my position, colleagues stand on the government” – said Prime Minister Dmitry Medvedev after a meeting in Gorki with members of the government on Tuesday, 23 August. Compensation payments received by all retired – and working, and not working, explained RBC spokesman for Prime Minister Natalia Timakova. This is more than 40 million people.

One-time payment, according to Medvedev, “help pensioners to compensate for losses from the price increases” and require more than 200 billion rubles. from the treasury. Medvedev instructed the Finance Ministry to “find the necessary funds for the payment of”, noting that the 2017 budget parameters, the need to save. Payments should be covered by 43 million people, money is sought from the 2016 budget year, said a spokesman for Deputy Prime Minister Olga Golodets.

Earlier, RBC wrote that discussed the allocation of funds in the government for additional indexation of the so-called presidential reserve. This reserve in the amount of 342 billion rubles. It was formed in the budget of 2016, 150 billion rubles. of them in the spring it has been allocated for the support of VEB. The single payment at the beginning of 2017, most likely, suggests that spending money transfer through the Pension Fund is not required, said a source in the Ministry of Economic Development RBC. Technique of these payments have not yet been discussed, said two officials at the RBC financial and economic block and a source in the government last week. Doindeksatsiya would require changes to the budget, which was supposed to take the Duma of the new convocation, said earlier RBC federal official and a source in the government.

Medvedev said on Tuesday that in the preparation of the budget is necessary to provide “all necessary means and, naturally, on the lump-sum payment of indexing. »

Medvedev also assured that the standard indexation of pensions in February next year will be held in full for inflation, 2016 and it will take more than 270 billion rubles. Ministry of Finance in the Budget Estimates laid the indexation of pensions in the next year by 5.9%, said the end of June, Finance Minister Anton Siluanov. According to the official forecast of Ministry of Economic Development, inflation this year will be 6.5%, but the Deputy Minister of Economic Development Alexei Vedev in late June said that the rise in prices for the year may be less than – “at the level of 6%, maybe even slightly lower – 5 , 9%. »

no money

Under the law, pensions are indexed annually for inflation the previous year. In 2015, the official inflation rate was 12.9%. But due to lack of funds in 2016 crisis budget year, it was decided to index pensions by only 4% in February, and then make a decision on the possibility of additional indexation based on the data of the performance for the first half.

According to FIU, the average amount of insurance for old age pensions in 2016 will amount to 13,132 rubles. – After indexing by 4%. But if pensions were indexed by 12.9%, their average size would have amounted to about 14.3 thousand. Rub. -. About a thousand rubles more

By the end of the first half of the data on the implementation of the budget proved to be below expectations. The average price of Russian Urals oil for the six months amounted to about $ 38 per barrel, and the budget initially counted on the average annual price of $ 50. As a result, it became clear that the financial possibilities for additional indexation not. “The crisis factors in the economy are still being felt,” – said Medvedev on Tuesday. According to the Prime Minister, revenues for the first half were lower by 11% compared with planned. A year-end budget revenues may be short of 1.5 trillion rubles. “But it is not yet clear, it is one of the possible negative options” -. Head of Government emphasized

The idea of ​​a single payment instead of the second indexing occurred in April, previously wrote RBC. In addition to it, discuss options with doindeksatsiey pensions by 4%. The fact that the government can refuse a second indexing in 2016, and previously reported “Vedomosti”. Officials understand that indexing is needed before the September elections to the Duma, but it will inflate the base for the next allocation and budget for 2017, noted the source publication.

How to save the budget

If the government now would solve doindeksirovat pension to the level of inflation in 2015 year, it would require an additional order of 130 billion rubles. from 1 September until the end of the year, said earlier RBC source in the government. Federal officials call “Vedomosti” the amount of 137 billion rubles. And in the next year, the authorities would need to find a regular indexation of about 500 billion rubles., Given the increased base. “Doindeksatsiya unfortunately inflate costs 2017, if indexed pensions as a whole to 12.9%”, – explained RBC source in the Ministry of Finance. “Marginal costs for 2017 budget has already been on the government discussed and approved already. Is that mean? This means that any other costs will have to be cut. It is impossible, “- he reasoned

In other words, the decision doindeksirovat pensions in full, by which the authorities refused in the end, plus the indexation of pensions in 2017 with increased base would cost the budget in the amount of about 600-630. billion rubles. The alternative, which stopped the government, will cost about 470 billion rubles., Follows from Medvedev applications, not to mention the fact that this year’s extra money to spend do not have to.

A member of the Duma Committee on Labor United Russia, Andrei Isayev told Tass that a lump sum payment to pensioners in the amount of 5 thousand. rub. doindeksatsii equivalent pensions. But the decision would cost “much cheaper” indexation of pensions, confirms the assessment of RBC director of the Institute of Labour and insurance RANHiGS Alexander Safonov.

What is lost pensioners

Retired after failure government from the second indexing and lose the value of the accrued pension points, said Safonov. The fact that the pension formula, in addition to the so-called fixed payments indexed value of pension points. “In order to maintain the relevance of pension law provides for the indexation of your current income and yet at the same time wage indexation, for which you accrued pension. This led to the fact that pensions have grown higher than the rate of inflation “, – says expert

The lack of a lump sum in the fact that, according to the Prime Minister, all pensioners receive the same money is. depending on the size of pensions and of the means-tested. From this point of view, the decision of the Government – political and pre-election, said Safonov. “Here we are just realized the idea of ​​the election: people who receive low pensions actually interested in this project. 5 thousand. Rub. for them – this is a substantial amount, and they will win. For those who receive the highest pensions – it is a bad decision, and their pension is not fully index the “- said the expert

Pre-election decision

« Of course. we could wait until the dust settles and political passions, which are currently the rage, there are some significant economic problems that impede the fulfillment of obligations and that can be referenced. But I stand on the principled position: people should be honest and do not promise what we can not meet today, but to fulfill what we promised earlier, albeit in a different form, “- said the Prime Minister, explaining the decision to hold a one-time payment to pensioners .

Deputy Director of the Institute of world economy and international relations, Russian Academy of Sciences Yevgeny Gontmakher believes that the authorities re d election “pinning too much hope on such populist steps like one-time payment.” “It seems to me that those who are engaged in the administration of elections [President], slightly exaggerating the threat to the” United Russia “, which is too low results by party lists”, – he said. In addition, it is an attempt to respond to the bad remarks of the Prime Minister like the one he made in the Crimea, when he said to pensioners on the issue of indexation of pensions: “No money, but you hold on»

Safonov from RANHiGS says. that such a decision – is « political hope: the electorate will appreciate this decision, and the election less propertied people will vote for the” United Russia “. Dmitry Medvedev – the leader of the party’s election list.

P about Gontmahera opinion, the decision on payment of “no significant impact on the electoral process will not,” and how to react pensioners received 5 thousand. Rub., “Is hard to say.” “On the one hand, it is good that the money fell. But it could be a feeling that nedodali lot more and try to bribe us. But the value of this payment is exaggerated and politically, and in the electoral sense. And the decision says more about uncertainty, “- he argues.

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