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upcoming deduction of 10,000 rubles from August's pension: unexpected hardship ahead for some recipients

Unanticipated cuts in pension payments for senior citizens next month, potentially reducing payments by half. The reduction stems from the enforced deduction of outstanding debts from their pension sums.

September's pension reduction by 10,000 rubles: Find out who faces unexpected hardship
September's pension reduction by 10,000 rubles: Find out who faces unexpected hardship

upcoming deduction of 10,000 rubles from August's pension: unexpected hardship ahead for some recipients

In a recent development, a new law allows bailiffs to collect debts directly from a citizen's regular income, including pension payments. This could potentially affect many pensioners' financial stability.

According to Federal Law No. 229-FZ, debts for alimony, compensation for damage to health, or damages from crimes can result in such deductions. The main news of Russia in Telegram reports that if a pension is 20,000 rubles, only 10,000 rubles may be credited to the account, and the remaining 10,000 rubles could be written off against the debt.

The maximum deduction rate is up to 50% of the payment amount, but in some cases, it could be as high as 70% of a pensioner's income. It's crucial for pensioners to regularly check their debt on the FSSP website to stay informed.

While there is no specific information detailing the rules and limitations for debt deductions from pension payments in Russia, understanding general tax and pension rules can provide some context. Generally, pensions are taxed in Russia, but there are no specific rules mentioned about deductions for debts from pension payments.

Starting August 1, 2025, insurance pensions for working pensioners in Russia are being recalculated based on earnings and contributions made by employers. This doesn't directly relate to debt deductions but shows how pension amounts can be adjusted.

Russian residents can claim deductions for certain expenses like pension, insurance, and medical costs, but these are not specifically related to debt deductions from pensions.

For detailed information on debt deductions from pension payments in Russia, consulting specific Russian tax laws or contacting a financial advisor specializing in Russian tax policies would be necessary.

In other news, all landowners in Russia face an unprecedented law from September 1. A new service will be added to utility bills, requiring tenants to pay an extra 20,000 rubles. There have also been reports of fraudsters getting into phone notes, urging immediate deletion of suspicious entries.

It's advisable to stay vigilant and seek professional advice when dealing with financial matters to ensure one's financial wellbeing.

  1. It is crucial for individuals to regularly check their debts on the FSSP website, especially pensioners, given the new law that permits bailiffs to collect debts directly from regular income, including pension payments.
  2. Despite the new law allowing deductions from pension payments to clear debts, understanding general tax and pension rules in Russia can offer some context and help pensioners stay informed of potential impacts on their personal-finance.

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