Chechnya, Republic of - Minimum subsistence level of retired persons

8,102 (Rubles) in 2015

In 2015, minimum subsistence level of retired persons for Chechnya, Republic of was 8,102 rubles. Minimum subsistence level of retired persons of Chechnya, Republic of increased from 2,378 rubles in 2006 to 8,102 rubles in 2015 growing at an average annual rate of 15.06%.

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What is minimum subsistence level of retired persons?

Represents cost estimate of consumer goods basket as well as statutory payments and fees. Consumer goods basket includes minimum set of food and non-food products and services needed for maintenance of human health and life support. It is established both on national level by Federal law and on regional level by regional authorities. Minimum subsistence level is determined in average per capita on the quarterly base for three socio-economic groups of population (working-age population, retirees and children) by the Government of the Russian Federation.

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What is Chechnya, Republic of minimum subsistence level of retired persons?