Millions of Russians sacrificed pension funds for the benefit of

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Photo: Evgeny Odinokov / RIA Novosti

Nearly two million Russians in 2018 transferred their pension savings from one non-state pension Fund (NPF) to another, or from the Pension Fund of Russia (PFR) in the NPF, and thus deprived accumulated over three years of investment income, the report said the FIU.

According to authorities, a statement on the transfer of their pension savings in 2018 filed 1.95 million Russians. This is 3.2 times less than in the previous year.

It is also noted that citizens have become increasingly used for applications private offices on the website of the FIU. For 2018, the share of such calls increased from 0.3 to 13.4 percent.

More than half — 58.8 percent of allegations dealt with the transfer of savings from one NPF to another, 36.9 percent transfer from the PFR to a NPF. Only 4.3 percent of applicants have decided to transfer their funds from NPF back to FIU.

All citizens will consider up to March 1, and their savings will give to the chosen funds until March 31.

By law, the funded part of pensions (six percent of salary, or other income contributed to the pension Fund by employers or citizens themselves) comes to the state management company, which at the moment is “the web.Of the Russian Federation”. It ensures the indexation of savings by at least the rate of inflation. If desired, the citizen can go to one of the NPF, offering more favorable terms, and then replace it with another or return to FIU. However, to do without loss of income is possible only every five years (last time in 2015). Otherwise, the accumulated investment income will be assigned to the previous Fund future retiree.

Video, photo All from Russia.



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