OREANDA-NEWS  The government will send 1.5 trillion rubles. To the Pension Fund for the payment of pensions in this and next years. These funds will also go to federal allowances for non-working pensioners whose income is below the subsistence minimum. This was announced at a government meeting by Prime Minister Mikhail Mishustin.

"Today we will send almost 1.5 trillion rubles to the Pension Fund. They will be used to provide pensions to citizens in the current and next years, as well as special federal allowances to non—working pensioners whose income is below the regional subsistence minimum," Mr. Mishustin said.

In addition, as the Prime Minister said at the meeting, the government has prepared a bill simplifying the receipt of payments to the Heroes of Russia and the Heroes of Labor. According to the simplified scheme, you do not need to apply for payments and provide the necessary documents. The process will be automated through a single system of interdepartmental electronic interaction.

According to the Ministry of Labor, in 2021, the Pension Fund allocated more than 10 trillion rubles to support Russians, 86% of this amount went to pensions, the rest of the funds went to support families with children, payments to veterans and people with disabilities.

In July, President Vladimir Putin signed a law on merging the Pension Fund and the Social Insurance Fund into a single Pension and Social Insurance Fund from 2023.