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The Pension Fund of Russia explained the way to receive part of the payments ahead of schedule

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Federal News Agency
Federal News Agency

There is a way by which citizens can receive part of the funded payments before the retirement age established by law. This was reported in the Department of the Pension Fund of Russia in Moscow and the Moscow region.

Representatives of the department recalled that since 2019, the country began a phased increase in the retirement age from 55 to 60 years for women and from 60 to 65 years for men. However, the age required to qualify for the payment of contributions has not changed. Thanks to this, retiring citizens can apply for savings upon reaching the age of 60 and 55, respectively, Prime reports.

“You can apply for the payment of pension savings earlier than for the appointment of an old-age insurance pension,” the Pension Fund said.

Earlier it became known that Russian pensioners with more than 20 years of work experience can expect to receive additional payments. It is reported that its size is over 10 thousand rubles.

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