For 10 Years the Amount of Vladimir Pensions in Relation to Average Wages in the Region Decreased by 10%

Vladimir pensioners become poorer because of high inflation

Since 2011, the ratio of average pension to average salary in the Vladimir region has shifted towards the salary by 10%, according to data released by ‘Vladimirstat’ state statistics agency. If in January 2011, Vladimir pensioners were paid 7,514 rubles, which was 52.4% of average wages in the region, then in 2021 they received 15,607 rubles, which is only 42% of average wages.

This suggests that even if the slight increase in wages of Vladimir residents over the past decade was still much more positive than changes in pensions. Previously, ProVladimir calculated that since 2014, the real wages of Vladimir residents have actually decreased. The most pronounced decline in income was between 2014 and 2016.

Since 2017, pensions of Vladimir residents have been indexed above inflation. In the summer of 2020, Russians voted by a majority for amendments to the Constitution, among which, in particular, was a provision for indexing pensions at least once a year. Ironically, it was after the amendments were passed that, for the first time in four years, the real size of assigned pensions decreased compared to the same date last year. In July 2021, pensions of Vladimir citizens decreased by 0.8% because of significant inflation rate.

Note that after the pension reform, starting in 2020, the number of pensioners in the Vladimir region began to decline. Over the past two and a half years, their number decreased by 5%. If at the beginning of 2019 there were 462.2 thousand pensioners in the region, then in July 2021 there were 439.3 thousand left. Pensions in the Vladimir region in 2021 receive exactly one third of the entire population.

At the beginning of 2020, 23.6% of all pensioners lived in Vladimir. The share of pensioners in the total population was highest in Gus-Khrustalny, Vyazniki (39.1%), Gorokhovetsky and Kolchugino (36.6% respectively), Murom (36.5%) districts.

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