Penza Region - Minimum subsistence level of retired persons

6,684 (Rubles) in 2015

In 2015, minimum subsistence level of retired persons for Penza Region was 6,684 rubles. Between 1994 and 2015, minimum subsistence level of retired persons of Penza Region grew substantially from 61 to 6,684 rubles rising at an increasing annual rate that reached a maximum of 195.08% in 1995 and then decreased to 18.03% in 2015.

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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 Penza Region minimum subsistence level of retired persons?