OREANDA-NEWS Sergey Belyakov, President of the National Association of Non-Governmental Pension Funds (NAPF), explained in which case pension savings should be made. He said this in an interview with the Prime agency.

Belyakov stressed that it makes sense to save for retirement with any income above the subsistence level. "Even small monthly investments can significantly increase well—being in old age due to the effect of compound interest," he urged.

The expert stressed that the sooner you start saving for retirement, the better: this way you will get into the habit of saving. It will help to create financial stability, Belyakov concluded.

Earlier, Russians were told the size of the living wage in 2026. The figure will be 18,939 rubles, and for the working—age population it will be slightly higher - 20,644 rubles.