OREANDA-NEWS Russian President Vladimir Putin signed a law on the indexation of military pensions by 8.6 percent. The document is published on the official Internet portal of legal information.

According to the text of the law, the indexation should be carried out from October 1, 2022, however, from January 1 to this date, military pensioners will receive an additional payment to the pension in the same amount. Therefore, the actual question is about increasing payments to the military, veterans of the internal affairs bodies and the fire service from January.

The reason for raising the pension was inflation, which at the end of the year amounted to 8.39 percent instead of the expected 5.9 percent. As of the beginning of the year, the price growth accelerated.

As the press secretary of the head of state Dmitry Peskov notes, the authorities are not ready to name the time when the process will stop, since it largely depends on the state of international markets.

Earlier, on Putin's initiative, the insurance part of the pension for other categories was also increased by 8.6 percent. Civilians began receiving payments in a new amount in February, at the same time there was an additional payment for January. As noted in the Pension Fund of Russia, the size of the average pension increased by 1,500 rubles, to 18,984 rubles.