An example of calculating an IT employee's pension from Moscow

Today, I suddenly wanted to know what kind of pension I would receive if I retired this 2019. I’m still 25-30 years old before retiring, but still I wonder how much pension I have accumulated over 15 years of work in IT (of which I have been working in Moscow for 12 years).



I went into public services, received an extract. According to my statement:

IIC (individual retirement rate) - 67.169
PN (amount of insurance contributions to finance the funded pension) - 145,375.57 rubles.

The insurance part of the pension = IPK * SIPK + FV
SIPK (the cost of 1 coefficient of IPK) now, in 2019 is 87.24
FV (fixed payment) now, in 2019 is 5334.19 rubles
Total I have the insurance part = 67.169 * 87 , 24 + 5334.19 = 11 194 rubles

The funded part of the pension = PN / T
PN (total amount of funds in the pension savings account)
T (number of months of the expected payment period) now in 2019 - 252
Total, I have the funded part = 145375.57 / 252 = 576.88 rubles

i.e. my pension will be 11,770 rubles - which is an order of magnitude less than my salary over the past few years ... It is clear that in 25-30 years of work the pension will increase by a factor of 2-3, but this amount may not even be enough to rent an apartment in Moscow .

So you need to think now about additional sources of passive income.