According to the latest data from the Central Bank, the volume of voluntary pension savings now amounts to 1.62 trillion rubles.
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– It is necessary to guarantee the security of citizens’ investments in voluntary pension savings. Here there should be the same mechanism as in the bank deposit insurance system, ”said President Vladimir Putin during his speech to the Federal Assembly.
He proposed starting from the guarantee of bank deposits. It is 1.4 million rubles. This is the maximum amount a bank customer will receive if they go bankrupt or lose their license.
– For voluntary pension savings, I propose to set twice the amount – up to 2.8 million rubles, – said the head of state.
This initiative should encourage Russians to save money for their own old age. And, in particular, use the mechanism of non-state pension funds (NPF). According to the latest data from the Central Bank, the volume of voluntary pension savings now amounts to 1.62 trillion rubles. The number of participants in this system is 6.2 million people. Most of them are employees of large Russian companies.
In many corporations, an additional pension is part of the social package provided to employees. At the same time, non-state pension funds have few private clients, less than a million people.
The essence of voluntary pension savings insurance is that in the event of bankruptcy of an NPF or deprivation of a license, the state will compensate its clients for all losses (but in the amount of not more than 2.8 million rubles ). In other words, you will not have to worry about your future increase in your state pension.
Remember that before, voluntary pension savings were not insured by the State. Therefore, interest in them was minimal. Since the beginning of 2023, those who save for their retirement have been equalized with bank depositors. The maximum sum insured for them was 1.4 million rubles. Now it will double.
PS An important nuance. We are talking about voluntary retirement savings. They should not be confused with the mandatory contributions that existed before 2013: the funded part of the pension. The volume of these funds, managed by the management company VEB.RF or NPF, is 3.1 trillion rubles. Participants – about 30 million people. This money is also protected by the pension savings guarantee system. According to him, in the event of bankruptcy of the NPF, the entire amount of contributions will be returned, but without investment income. There is no payment limit, but most accounts have small amounts. On average, about 100 thousand rubles.
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