The Ministry of Finance explained the reduction in spending on pensions

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Photo: Eugene Vadim epanchitsev / RIA Novosti

The decision to reduce transfers to the pension Fund associated with a high rate of receipt of contributions in 2017. It is reported TASS with reference to the Ministry of Finance.

The Ministry said that in the accounts of the Pension Fund was formed balances. They’re going to pay pensions in the current fiscal year that will reduce the transfer on the balance of the Pension Fund.

Earlier it was reported that the Ministry of Finance has proposed to reduce pension benefits in the current year by 51.5 billion. The Ministry noted that it may also reduce the costs of 5.9 billion rubles in the sphere of social welfare. On measures to support persons with disabilities in the current year can highlight 2.23 billion less than in 2017.

The Ministry has proposed to increase the funding of pensions for soldiers and their families in 2018 13,95 billion.

Video, photo All from Russia.

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