Retirees with accumulated savings face potential loss of essential payouts in the year 2025

In recent times, there have been significant developments affecting the financial well-being of pensioners in Russia. Here's a breakdown of the key points:

Russians, especially pensioners, are experiencing a substantial financial drain. According to recent reports, they are losing money at a rate of 1000 rubles per minute. This trend is particularly noticeable with the current economic climate.

One factor contributing to this financial strain is the savings placed in banks. While it may seem like a safe option, these savings could result in the loss of additional payments and benefits that pensioners are entitled to.

The accumulated savings by the time of retirement can significantly impact a pensioner's financial situation. Many Russians save money throughout their lives, even with small incomes, with the hope of a more comfortable retirement. However, the savings themselves can become a reason for refusing additional payments and benefits for pensioners, as the interest accrued on these savings is taken into account.

To qualify for social support benefits, some pensioners may forgo saving their money in banks. Currently, Russian banks offer deposit interest rates around the key policy rate of 17% as of September 2025. These high rates are the highest available for deposits in Russia and are relevant for pensioners considering capital registration.

However, it's important to note that the deposit itself is not considered income, but the interest accrued on it is. This could potentially lead to the denial of various benefits for pensioners, including subsidies for housing and communal services.

Material assistance is only received by those who genuinely need it. This is to ensure that the social support system is fair and efficient, benefiting those who are most in need.

In addition to these changes, new strict rules for ATMs will be implemented from September 1. The purpose of these changes is yet to be fully clarified.

On a positive note, a generous "bonus" of 6000 rubles will be credited to certain Russians by September 25. The details regarding the eligibility criteria for this bonus are yet to be announced.

Lastly, it's worth mentioning that the pension age for Russian women born in 1975 and older has been reduced by 5 years. This change aims to provide more women with the opportunity to retire at an earlier age.

These developments highlight the importance of staying informed about financial changes that could impact pensioners in Russia. It's crucial to consider all options carefully and make informed decisions about savings and social support.

Retirees with accumulated savings face potential loss of essential payouts in the year 2025