Pension Fund Russia has promised a new increase of pensions.

The Government of Russia will review the budgets of social funds on the basis of a new economic forecast for 2009, told the chairman of the country's Pension Fund (RPF), Anton Drozdov in an interview with Rossiyskaya Gazeta. " This has already begun the adjustment of pensions to inflation, which in 2009, is projected to the Ministry of Economic Development, is expected to be 13 per cent.
In particular, this year the basic pension will be increased twice: from 1 March - up to 1950 rubles, and from 1 December - up to 2460 rubles. According to the Drozdov, this will bring the size of the minimum pension to the pensioner's subsistence minimum, which in 2008 amounted to 3191 rubles. However, in December, the pension can not be raised at 26.5 percent, as previously planned, while 30 per cent.
The insurance portion of pensions from 1 April 2009 is planned to increase by 17.5 percent instead of 15.6 per cent planned earlier. In doing so, according to the Drozdov, if consumer price inflation in the first half of this year will exceed six percent, from August 1, could be held unscheduled indexation of pension insurance.
Meanwhile, the Russian managers, investing pension savings of citizens, in 2008, showed a negative yield, which on average amounted to minus 25.5 per cent per annum. This writes the newspaper Kommersant. According to reports from 55 companies, only one has been able to show positive returns. In doing so, yield the worst results have shown "Metallinvesttrast" and the "Troika Dialog", whose performance has dropped by 55.06 and 52.64 per cent. According to the newspaper, a negative return may cause a shift from private Russian companies on the Web.
On 5 February 2009 has learned that the yield of pension funds under the management VEBA in 2008 was minus 0.46 per cent, while in the first half of last year, it reached 4.85 percent. Over the past four years, EBV has lost the first part of the pension investments. In total for the year net loss VEBa at 1158 billion rubles.