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Valorization is a reassessment of the cash value of pension payments that were issued by citizens before the 2002 pension reform came into force. From January 1, 2010, it was decided to increase the pension due to valorization to all who have work experience until 2002. The Pension Fund of the Russian Federation has established a specific procedure for calculating valorization.

You will need

• - calculator.

Instruction

one

Calculate the calculated amount of labor pension. To do this, calculate your average earnings for 2000-2001 years of work, according to information in the system of mandatory pension insurance, any 60 consecutive months of work are also taken into account. Divide this value by the average wage in the country in the same time period.

2

Multiply the obtained value by the average salary in the Russian Federation for July-September 2001, which is equal to 1, 671 rubles, and by the service factor, which is 0.55 for all insured persons and increases by 0.01 for all full years of seniority, with this it can not exceed the value of 0.75

3

Determine the expected period in which old-age retirement pension will be paid. This value is 144 months for those who became retired in 2002 and earlier. For subsequent years, the value should be increased by 6 for each year, but not more than 192 months. After that, add 1 annually upon reaching 228 months.

four

Calculate the pension capital on January 1, 2002. Subtract the value 450 from the calculated amount of the labor pension, which determines the basic part of the labor pension as of 01.01.2002. Divide the resulting value by the expected period in which the old-age pension defined in the previous paragraph will be paid.

five

Index the calculated pension capital. The indexation factor used in the calculation of valorization is constantly changing, so first you should familiarize yourself with the Decrees of the Government of the Russian Federation on this issue. Multiply the calculated pension capital by the indexation ratio.

6

Moneyline Payout Calculator

Calculate the amount of valorization. Determine the increase in the estimated pension capital, which is defined as 1% for each work experience until January 01, 2002, and 10% for having work experience in the USSR. Multiply the calculated pension capital by this amount.

7

How To Calculate Money Line Payouts 2020

Subtract the calculated pension capital from the obtained value and divide by the expected period of pension payment. The resulting value is the valorization or pension increase per month.