How pensions of Belarusians look against the background of neighboring countries

The average pension in Belarus, according to official statistics, is 298 rubles. Most of these payments are from Minsk residents - 316 rubles, and the least - in the Brest region (284 rubles). FINANCE.TUT.BY looked at how the pensions of Belarusians look against the background of payments in neighboring countries.

In Belarus, the average size of assigned pensions was 2.1 times higher than the subsistence minimum budget for pensioners. Recall that the program of socio-economic development of the country for the next five years is planned that the average retirement pension by 2020 will not be lower than 40% of the average salary in the country.

Labor pensions in Belarus are recalculated at least once a year. This year they have not been reviewed yet. It should be reminded that since August 1 minimum labor and social pensions have increased in Belarus. Since August, they also raised the increments to the minimum labor pensions.

In Russia, the average amount of the assigned monthly pension in July increased in nominal terms by 4.1% compared to July 2016 and amounted to 430 Belarusian rubles (all amounts in the text are converted into Belarusian rubles at the rate of the National Bank on September 20).

Earlier it was reported that in Russia pensions in real terms will not grow in the coming years and will even decrease. Thus, in the baseline scenario, on the basis of which the budget is being prepared, pensions are reduced by 0.7% in 2018 and by 0.6% in 2019-2020. The reason for the fall in pensions is the refusal to index them to working pensioners (there are about 10 million of them in Russia, according to Rosstat).

The average pension in Ukraine is 140 rubles, and the minimum payment is 98 rubles. At the same time, the average judge's pension is more than 1,630 rubles, parliamentarians on a well-deserved rest receive an average of 1,110 rubles, and prosecutors - about 740 rubles. This is due to the fact that these categories retire under special laws.

In Ukraine, they want to gradually increase the minimum insurance period by 2028 to 35 years. Starting next year, it should increase to 25 years.

Our neighbor in the EAEU, Kazakhstan  , had an average pension of 375 rubles as of September 1.

The average old-age pension in Lithuania is about 670 rubles. Since the beginning of this year, these payments have increased by about 47 rubles. From January next year, due to indexation, they should increase to 768 rubles.

In Latvia , in the first half of this year, the average old-age pension amounted to 707 rubles. This is about 20 rubles more than last year on average. Now the minimum pension in Latvia is 165 rubles a month, in October it will be increased by 7 rubles.

In Estonia , in the second quarter of this year, the average old-age pension was at the level of 950 rubles per month. This is 4.7% more than a year earlier.

In Poland , the minimum pension is 540 rubles per person.