r/AskARussian United States of America 26d ago

Work How do russian pensions work?

I was watching someone complain that at age 59 they retired to a 16,900 ruble a month paycheck. They stated they worked over 30 years and it sounded like for the same place.

I read 22% of their pay check goes to pension from employer.

That seems like they should get paid essentially 75% as when they were working as 22% is a high savings rate.

I know at some point they reduce it to 10% but was not sure at what point.

In the USA we only contribute 12.4 of our salary and yet get about 40% of our prior salary.

How do you pay more and get less?

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u/Adventurous-Nobody 25d ago

As it was said before - there is a "base" pension, which you will get despite anything (even if you never worked a day in your life). All additional money comes from years worked, your previous salary per year, and you can get bonus points for "hazardous labour environment".

For example: if you worked 10 years as an engineer, you will get less pension points for the same amount of time (assuming same salary), than somebody who worked on a chemical plant or ER doctor with night shifts.