How to manage the funded part of your pension. What you need to know about pension savings

The pension of any Russian pensioner consists of two parts: insurance and funded. An insurance pension is payments in accordance with length of service and pension points. What is a funded pension?

The funded pension is formed from the main savings of the Pension Fund. They are replenished by employers' insurance contributions. Contributions can be paid by the worker himself. To receive a funded pension, you need to meet certain requirements, register Required documents.

If you want to receive it, you need to contact Sberbank. Employees need to provide the following documents:

1. SNILS;
2. passport;
3. bank details for depositing funds;
4. a pension certificate or a certificate from a non-state pension fund indicating the length of insurance;

Useful information: The application can be submitted through the State Services Internet portal. Then you can only use photographs (scans) of documents. There is no need to sign or confirm the accuracy of the documents.

Application for a funded pension

When filling out an application for the appointment of savings payments, you need to fill out an application form. During the process you need to provide the following information:

• location;
• telephone;
• Email;

An automatic form has been developed on the site. When you visit the bank, you will be given an application form. In a few days, the application will be processed, and you will be notified of the decision and given an agreement document for signature.

Law on funded pension

All rules and requirements for receiving a funded pension are determined by Russian law on pensions No. 424-FZ. The rules change every year, this article provides the most current data, which is taken from reliable government sources.

Who is entitled to the funded part of the pension?

The formation of the funded part of the pension is carried out for the following groups of citizens:

• any person who has completed an NGO transaction;
• a person born in 1967 or younger who, no later than 2015, asked the employer to contribute insurance funds to form future pension savings;
• a person born in 1966 or older who was a participant in the State Social Insurance Fund system or who allocated maternity capital to the account of a future pension;
• a man born in the period 1953-1966 or a woman born in 1957-1966, who transferred insurance deposits in 2004-2005 to the Pension Fund of the Russian Federation account.

Can a working pensioner receive a funded pension?

Accumulative pension payments can be received at any time without restrictions. Also, restrictions do not apply to the status of a pensioner: working or non-working. Pensions began to be provided to citizens who meet the age requirements in 2012.

Helpful information! A new rule on assigning the right to receive payments to working pre-retirement pensioners appeared quite recently in the current year 2020.

What can you do with the funded part of your pension?

Unlike maternity capital, which can only be spent on certain several purposes, for example, to pay a mortgage for an apartment, the funded pension can be used at your own discretion. The pensioner receives payments every month in the way he chooses.

In 2015, the authorities decided to close the funded pension. By the end of that year, citizens had to decide: to keep the funded portion or transfer the money to insurance pension. At the moment, the funded part of pensions remains effective.

How to receive the funded part of a pension from the Pension Fund and the Non-State Pension Fund

As a standard, the pension comes to the Pension Fund and the pensioner can cash it out at any time. But every citizen has the right to decide for himself where he wants to receive payments for a funded pension: to the Pension Fund or Non-State Pension Fund. You can move from one organization to another and vice versa. This procedure is simple, but requires a serious approach to the matter.

Recently, other organizations have appeared that offer their services for preserving pensions: insurance companies. The procedure takes place under the same conditions as NPFs and Pension Funds. This method is new and unpopular in Russia.

You can submit an application at any time. First, decide on the organization to which you want to transfer your savings. Pay attention to all the details, because according to the new rules, you can change NPF only once every 5 years. To transfer from the Pension Fund to a non-governmental organization, you need to go through the following steps:

1. If you choose a non-state pension fund, you need to conclude a mandatory pension insurance deal. To do this, you will need to bring your passport and SNILS with you.
2. The agreement you signed will come into force after the first transfer of money.
3. At the Pension Fund branch, fill out an application for transfer of a funded pension to a non-state pension fund.

To join a non-state Pension Fund a special application must be submitted. The application can be submitted urgently or ahead of schedule.

Urgent

In this case, the change of insurance is carried out without loss of funds, but the review and transition take a long time.

Early

Most often used if you urgently need to change or terminate the contract. The decision is made quickly, but it can damage your retirement savings.

When choosing an NPF, you need to be careful. Pay attention to the company's operating life, customer reviews, and ranking positions. The reliability of the organization will be responsible for the safety of your money.

How to return the funded part of your pension to the Pension Fund

To return to the service of the Pension Fund from a non-state pension fund, you need to fill out an application to a government agency. It is submitted by the pensioner personally to the nearest branch. You need to take your passport and SNILS with you. The application to the Pension Fund is drawn up approximately as described above. Fund employees will advise you on all actions.

You can view the list and contacts of all PFR branches in the territory on the official PFR resource. There you can take the manager's phone number to get advice.

Ways to receive the funded part of your pension

Pension savings funds can be paid in the following way:

• in a one-time manner;
• urgent payments;
• funded pension;
• payment to legal successors.

About the last payment option, we can say that the money is transferred to the relatives of the deceased pensioner, who have the right to do so. Let's talk about the first three options in more detail.

One-time payment

One-time payment– this is a one-time payment of the accumulated money of a pensioner participating in the insurance program, which is contained on the savings balance. The following citizens can receive money in this way:

1. A pensioner who received payments for disability or for the loss of a breadwinner if, upon reaching the appropriate age, he was unable to receive an insurance pension due to a lack of pension points.
2. A citizen who can receive insurance payments, having a funded part of 5% or less in relation to the insurance part plus fixed payments or in relation to a funded pension, the amount of which is calculated in accordance with Russian Federation Law No. 424-FZ.

Urgent pension payment

Urgent payment - a monthly payment for a period determined by the insured pensioner. The period should not exceed 10 years if the citizen is entitled to the insurance portion.

The following citizens are entitled to this option:

1. A person who made additional contributions himself, through an employer, or through investments of this money.
2. A pensioner who contributed maternity capital (or part of it) to the account of a future pension or from investments.

Funded pension

The funded part is payments that are formed from state savings and insurance deposits of employers, employees, and investments. The funded pension is issued after reaching 60.5 years of age in 2020, and 55.5 years of age for women.

Question answer

In this section you can get answers to the most popular questions. Also, if you are interested in any question, you can ask it to the consulting manager using the chat on this site.

From what year of birth can you receive a funded pension?

In what year will I receive my funded pension? To answer this question, check out the following table, which shows the year of birth and the date of possible issue:

• Born: 1st half of 1964. Appointment: 2nd half of 2019.
• Born: 2nd half of 1964. Purpose: 1st half of 2020.
• Born: 1st half of 1965. Appointment: 2nd half of 2021.
• Born: 2nd half of 1965. Appointment: 1st half of 2022.
• Born: 1966. Destination: 2024.
• Born: 1967. Destination: 2026.
• Born: 1968. Destination: 2028.

Similar sequence retirement age exists for men:

• Born: 1st half of 1959. Appointment: 2nd half of 2019.
• Born: 2nd half of 1959. Destination: 1st half of 2020.
• Born: 1st half of 1960. Appointment: 2nd half of 2021.
• Born: 2nd half of 1960. Destination: 1st half of 2022.
• Born: 1961 Destination: 2024.
• Born: 1962. Appointment 2026.
• Born: 1963. Destination: 2028.

How is the first funded pension paid?

The legislation establishes certain deadlines for accrual of payments. Most often they are 10 days, but in practice it varies. Often the pension may arrive later than agreed upon.

Most often, the first pension arrives later than expected because the documents were filled out incorrectly or incompletely. Employees of the organization should immediately notify the applicant if such errors are detected. If everything was completed correctly, then the first deposits should arrive on the first day of the next month.

How and when is a funded pension paid upon retirement?

You can receive money from your funded pension even before you retire, if you reach retirement age. This will give working pensioners the right to receive a pension. If you need to enter into an agreement with the Pension Fund of Russia in order to receive money. Funds will be transferred to a bank account. You can also transfer savings to a non-state fund.

In what cases is a funded pension allocated ahead of schedule?

Officials accepted new law, which came into effect on January 1, 2019. In accordance with it, those pre-retirees who have a long working experience will be able to receive a pension earlier than the specified period. Women with 37 years of experience and men with 42 years of experience can retire 2 years earlier. But if we take into account the constant increase in the retirement age, then in 2020, given the long experience, you can retire only six months earlier.

There is one thing important rule when: you need to cross the age limit of 55 years for women and 60 for men.

To whom is the funded part of the pension returned in the event of death or other situations?

The funded part of the pension can be bequeathed to an heir. When sudden death a pensioner who has not drawn up a will for a pension, all his relatives can claim it.

Pension transfer is carried out according to the following rules:

1. First degree. Blood next of kin: spouse, natural child, guardians or their children.
2. Second degree. Family ties after several generations: grandparents, grandchildren, nephews and others.

Attention! Due to recent changes in legislation, the legal information in this article may be out of date!

Our lawyer can advise you free of charge - write your question in the form below.

The pension system in Russia involves three types of pensions - insurance and funded.

Moreover, the latter was introduced in 2002, but still few citizens of the Russian Federation know about it in sufficient detail.

Even among pension recipients, very few know that the funded part can be received in the form of a lump sum payment, naturally, if the pensioner meets the necessary criteria and conditions, which will be discussed in this article.

Pension savings of citizens are formed mainly through regular contributions by the employer of special cash contributions to the Pension Fund of Russia. These deductions are not included in the employee’s salary (unlike personal income tax, the rate of which is 13% of the salary) and are made by organizations from their own funds, while their amount is still tied to the amount of the employee’s salary.

Important! If a citizen has the status of an individual entrepreneur in accordance with the procedure established by law, then the need to make contributions to the Pension Fund falls directly on him.

Contributions can be used to form both an insurance and funded pension. Their differences lie in the fact that the insurance pension, in essence, is a compensatory payment that previously working citizens can count on due to loss of ability to work. The savings account is formed solely upon the fact of transfers to the Pension Fund, having a specific monetary value.

It is important to understand how the future pension is formed. The total amount of insurance premiums is 22% of the employee’s salary.

There are additional deductions that are mandatory, however, they apply only to workers performing labor functions in hazardous industries.

If a citizen has chosen only an insurance pension as a form of his future security, then an amount of 16% of his salary is sent directly to it, and 6% is the so-called solidary tariff.

For funded pensions, the situation is similar, only 10% goes to the insurance part, and from the remaining 6% it is formed. Not everyone can take advantage of the right to form a pension of this type, but only those persons who were registered in the social pension insurance system after 2002.

These include:

• citizens born before 1967;
• participants in the pilot program of so-called pension co-financing;
• women who decided to send capital funds to insurance accounts.

The savings portion payments themselves are of three types.

Indefinite

It is assumed that This type of pension will be paid to the citizen throughout his life. Of course, it is impossible to predict in advance how long a particular citizen will live after retirement, so the payment period is calculated solely on the basis of average statistical information about life expectancy.

For example, in 2018 it was 246 months. This means that in order to clarify the amount of pension paid monthly, the total amount of savings should be divided by the number of monthly periods as a whole.

Attention! If a citizen decides to receive an indefinite pension later than the grounds for this, then its amount will be higher.

It should be noted that the size of this type social benefits subject to periodic adjustments, occurring once a year in August.

Urgent

This procedure for paying funded pensions assumes that it will be paid over a period of time. certain period, which the pensioner himself will choose. It is legally stipulated that the period of urgent payments cannot be less than 10 years.

Many pensioners choose this form of exercising their right to receive a funded pension. This is due to the fact that they receive much larger amounts each month than if they had opted for perpetual payments.

One-time

It is possible to receive the entire funded part of the pension at once, but this does not apply to all categories of pensioners.

What needs to be done to receive a funded pension in a lump sum

To qualify for the funded part of the pension, you must first of all achieve

During the Russian Federation social and economic pension reform, retirement years are shifting upward.

In 2019, the retirement age is 55.5 years for men and 60.5 years for women. In the future it will increase even more. The number of years of life lived is the same for both the assignment of an insurance pension and a funded pension..

When assigning a funded portion, you must decide on the form of its payment (urgent or indefinite), and if a citizen decides to receive it immediately in full, then he must check whether he meets the criteria necessary for this.

Who can receive the payment

The following categories of citizens have the right to expect to receive such a lump sum payment:

• those who have reached retirement age, but do not have the required amount of length of service and IPC;
• recipients of payments in case of insufficient length of service;
• having a funded pension amount of less than 5% of the amount.

You should also dwell on the issues related to the receipt of payments not by the insured himself, but by his legal successors. In the event of his death, they are already entitled to funds. Their circle is determined in accordance with civil legislation regarding inheritance legal relations. The right to receive money arises only if the pensioner has not previously applied for payments.

By general rule You should apply for an inheritance within six months after its opening (death of the testator). This fully applies to payments of the funded part of the pension.

Where to submit a request

According to the rules, a citizen can accept his independent decision where to send money - to a state fund or non-state pension fund.

A special feature of NPFs is that the funds accumulated there are directed to various income-generating projects that provide investment profits from these savings, which means that the future pension will be much higher.

Accordingly, if the funds are in the accounts of the Pension Fund, then the application should be sent to the fund itself. This can be done by directly contacting them, or by sending the necessary documents by mail. It is also convenient to use the services of the MFC to establish a pension.

If a citizen has an agreement with a non-state pension fund, then he needs to contact the office of this organization. In this case, a personal visit is preferable.

Important! Submitting an application for the appointment of savings payments to NPFs through the MFC is currently impossible.

Registration deadlines

An application for a pension, completed correctly in the appropriate form, is considered within one calendar month, after which an appropriate decision is made on it. If it is positive, the applicant will receive the funds within two months. Thus, the waiting period for money after sending the application is three months.

List of documents

To receive a payment, the following documents and their copies should be sent to the Pension Fund or Non-State Pension Fund:

• statement;
• passport;
• SNILS;
• work book and other papers related to work activities.

Pension fund employees also have the right to request other documents if inaccuracies are identified or additional questions arise.

Receipt of savings by a working pensioner

Pensioners who continue labor activity after appointing them pension payments due to age, also has the right to count on appropriate security. This also applies to its lump sum payment. There are no special differences in the procedure for its registration for working pensioners.

The funded pension appeared not so long ago, but has already established itself as a reliable tool for additional material support for Russian pensioners, many of whom can receive it not only in installments, but also as a one-time payment.

Even more information in the video story:

Comments (163)

Albert / June 16, 2019 3:57 pm

To qualify for the funded part of the pension, you must first of all reach the required retirement age, that is, you, apparently, will have to wait...

Marina / June 17, 2019 11:04 am

Hello, Ivan! Most likely, your request will be denied, since a one-time payment of pension savings before retirement is only possible if they are disabled people of group 1, 2 or 3, or in the case of the loss of a breadwinner, i.e. “early term” they won't allow you to do that.

Elena Mongush / June 30, 2019 8:57 am

Yes, indeed, you can apply for payment of pension savings because you retired early. Register in your personal account of NPF Gazfond Pension Savings. See how much you have accumulated there or call the hotline. A control calculation will be made upon your call. And they will tell you whether you will receive a lump sum payment or not. It is important to note that there is an excess of 5% of the barrier.

Anatoly / September 12, 2019 9:24 am

Receive if the amount of the funded pension is less than 5% of the insurance amount. I got more. They took all the savings, divided them by 300 (the number of months we would have to live if we left at 50), it still turned out to be less than 5% of the insurance amount. And now 1300 RUR cumulative per month. Any bank gave more only in interest

Alexei / July 2, 2019 6:18 am

Good afternoon Pensioner, disabled group 3 since 09/01/2017 for life, before that he passed the MSEC since 2014. Born in 1960. Sometimes I work. Can I receive the funded part of my pension? At a time or in chunks?

Andrey / July 3, 2019 9:26 am

Good morning! Can I receive the funded part of my pension in a lump sum? It is located in the NPF of Sberbank. I was granted a pension on November 9, 2015 based on my years of service as a teacher (the pension certificate says “old age pension”). If yes, then where should I apply and what documents should I provide?

Svetlana / July 10, 2019 8:45 am

How can you fully receive additional insurance premiums along with co-financing in a lump sum from NPF Otkritie if a person retired in 2018? Only meager insurance premiums were paid.

Zhanna / July 11, 2019 6:45 am

I am retiring early at the age of 50 according to Article 32 400-FZ (parent of a disabled child and his upbringing up to 8 years). Can I receive the funded part of my pension at a time (it is more than 5%)?

Svetlana / July 11, 2019 7:40 am

My husband is 43 years old (born in 1976) and has been retired for 7 years - a pensioner of the Ministry of Internal Affairs and a 3rd class disabled person due to a service injury... Does he have the right to receive a one-time funded pension and where to apply?

Marat / July 19, 2019 12:16 pm

Hello, please tell me, I retired early, the NPF accrued payment of savings indefinitely, spread out over 28 years by month, please tell me, can I somehow change the payment to an urgent payment, during a different period?

Albert / July 20, 2019 10:51 am

If the amount of the funded pension due to a citizen is less than 5 percent of the old-age pension (taking into account the fixed payment), then the savings to the insured person are paid once and in full.

Svetlana / August 8, 2019 5:56 am

Question about survivor's pension. After the death of her husband (46 years old), an insurance pension was calculated in the amount of approximately 16,640 rubles. Because There are 4 children, this pension was divided by “4”. And they assigned each child 4,160 rubles. In connection with this, the children were prescribed social pension in the amount of 5180 rubles, because it is higher than the previous one. Is it correct that the insurance pension was divided among four people, and not assigned to each child in the amount of 16,640 rubles? And the question is, what if there are 6 children or more? Something is wrong here.

Igor Zabelin / August 19, 2019 12:29 pm

Hello. I am 58 years old, at the age of 50 - 2010, I retired as a participant in the liquidation of the Chernobyl accident, in 2015 I received group 3 disability, I participated in the pension co-financing program, paid for myself and for my mother, she is disabled group 1. When I applied to the local Pension Fund for a one-time payment of the funded part of my mother’s pension instead of a lump sum, they prescribed a monthly additional payment of 2800 rubles, and I was told that I had to wait until I was 60 years old. Is the Pension Fund right?

Elena / August 24, 2019 4:37 am

Unfortunately, despite the fact that you have a disability and you are a participant in the Chernobyl Nuclear Power Plant, in order to receive a lump sum payment you will have to wait until you reach 60 summer age. Since, according to the law, recipients of a lump sum payment are citizens receiving a disability insurance pension or in the event of the loss of a breadwinner, or receiving a state pension pension provision who, upon reaching the generally established retirement age, did not acquire the right to an old-age insurance pension due to the lack of the required insurance period or the required number of pension points. Your mother is entitled to an immediate pension payment. An urgent pension payment, and its duration is determined by the citizen himself, but it cannot be less than 10 years. Paid upon the emergence of the right to an old-age pension to persons who have accumulated pension savings through contributions under the State Pension Co-financing Program.

Rustam / August 29, 2019 6:50 am

Hello. I am 42 years old, disabled group 2 since 2016. I have been working since 2002 to this day. Can I receive the full funded part of my pension at once? if so, where should I go? And after receiving it, will this affect my monthly pension receipt:.?

SVETLANA / September 2, 2019 7:25 am

Hello! My 45-year-old sister retired due to disability 1 gr. NPF Otkritie refused to pay the funded part of the pension. Are they right? If not, what law should I link to please? Thank you!

Svetlana / September 19, 2019 7:19 pm

Hello. I am a participant in the state co-financing program from 2009 to 2015. I recently found out that you can participate for 10 years. Can I continue to make additional contributions from this year.

Svetlana / September 27, 2019 9:37 am

Retired early at age 52 (living in an area with preferential economic status). I am now 55 years old (born in 1964). Can I count on a one-time payment of a funded pension from the Non-State Pension Fund?

Elena / October 3, 2019 9:38 am

I am 50 years old, in 2010 I came out on military pension according to length of service. Since 2010, I have been working as a freelancer and entered into a co-financing program, the funds are located in Gazprom, can I get my savings (accumulated part of the pension and voluntary deductions) if I do not have a civil pension, and I am a military pensioner.

Svetlana / October 3, 2019 4:26 pm

Hello, I am an old-age pensioner who retired in 2018. At the age of 55 and in the same year I became disabled group 3. Can I receive my funded pension as a lump sum? If I receive an old-age pension, the minimum wage and according to the group.

Nina / October 14, 2019 12:42 pm

Good afternoon Mom is a pensioner of the Ministry of Internal Affairs, she works after retirement. She has now reached retirement age. Considering that she already receives a pension from the Ministry of Internal Affairs, she is now paid extra for the time worked after the Ministry of Internal Affairs. The situation is this: she participated in the co-financing program, but she was denied a one-time payment because the threshold of 5% was exceeded. Why is the Ministry of Internal Affairs pension not taken into account? Or should we still take it?

Lily / October 20, 2019 9:08 pm

I retired at 50 years old, with northern experience.. the pension was assigned 9400.. I moved to the Moscow region.. here at the age of 55 my husband retired as the widow of an officer.. but I am interested in the question.. I received my civil pension for 5 years .. can I take my savings? Please tell me.. some say it’s possible, others don’t.. And where should I go..

Olga / October 24, 2019 10:57 pm

Retired since 2014. Co-financed since 2012. In 2015, I received all my savings at once. I continue to participate in co-financing. Then they said that in 5 years it would be possible to receive all the savings at once again. And now it turns out that it’s not a fact? How to calculate whether a lump sum payment will be allowed or not? What amounts should I compare? In my personal account at the NPF I see the savings portion from the employer and additional contributions

Alice / October 26, 2019 10:36 am

You can receive a one-time funded part of the pension if you belong to the following categories of citizens: - people with an official disability of any group who receive survivor benefits, provided that the insurance period or the appointment of an old-age insurance pension has not yet been assigned; - citizens whose funded part of their pension is so small that it amounts to less than five percent of the total amount of pension payments.

Angela / October 27, 2019 4:19 am

good day, Elena! In 2019, the retirement age is 55.5 years for women, which means you have to wait, because in order to qualify for the funded part of the pension, you must first reach the required retirement age.

IRINA / November 14, 2019 10:10 am

I am a pensioner with a length of service of 42 years since 2016. From the funded part, which is located in Lukoil Guarantor, I am paid a lifetime allowance of 450 rubles in addition to 7,000 of the basic pension. Tell me how can I increase the payment amount or take away the savings portion?

IRINA / November 14, 2019 10:55 am

I have been a pensioner since 2016 at the age of 43. The funded part of the pension is in Lukoil Guarantor. So Lukoil pays me a monthly lifelong benefit of 450 rubles. Question How is this ridiculous amount calculated. And how can it be increased? I asked this question and was refused. And Can I withdraw my savings portion?

In Russia, labor pensions are divided into three types: for old age, for the loss of a breadwinner and for disability (clause 1 of Article 5 of Law No. 173-FZ of December 17, 2001). Since January 1, 2010, the old-age pension consists of an insurance and funded part; this division into other pensions is not established by law. The size of the old-age labor pension is determined as the sum of its insurance and funded parts.

The basis for a future pension is compulsory insurance contributions from employers to the Pension Fund of the Russian Federation. Today, contributions to the Pension Fund of the Russian Federation amount to 22% of the employee’s wage fund (in excess of his salary) in accordance with Part 1 of Article 58.2 of the Law of July 24, 2009 No. 212-FZ, of which (Diagram 1):

Scheme 1

Solidary part goes to the general, joint account of the Pension Fund, from which the following is paid:

• fixed basic size of labor pension;
• social benefit for the burial of pensioners who were not subject to compulsory social insurance in case of temporary disability and in connection with maternity on the day of death, and other solidarity payments.

Individual part of the tariff- this is the estimated pension capital of the insured person, in other words - the future pension. These funds are stored in your personal account, you cannot dispose of them now, they are recorded only in the form of pension rights, but in reality they are used to pay current pensioners. The insurance part of the pension is indexed by the state in accordance with inflation and the growth of average wages in the Russian Federation. And you cannot influence its size.

And here savings part An employee can manage their pension by investing, namely:

• transfer to a non-state pension fund (NPF),
• private management company (MC),
• leave it at the Pension Fund.

The funded part of the pension is the basis of tomorrow. These are savings that will be paid to you personally. The main thing is that they can be inherited. Contributions that your employer pays today for the insurance part of your pension cannot be inherited.

In September 2013, the Bill “On the funded part of pensions” was introduced, which stipulates that from January 2015 the management system will change, although it will remain voluntary. The changes will affect those born after 1967, that is, people 46 years of age and younger. It is they who have to make a choice:

• or send 6% in full to the funded part of the pension; this can be done by writing an application to either the NPF or the Criminal Code before December 31, 2014.
• or completely attach them to the insurance part, placing responsibility for your pension future on the state, that is, remain “silent”, the funds will be transferred automatically.

Following the Draft Law “On the funded part of pensions,” a draft federal budget for 2014-2016 is being introduced, which provides for the suspension of replenishment of savings accounts by the Government of the Russian Federation. Vnesheconombank will manage the savings that citizens transferred to private management companies and non-state pension funds, RIA Novosti reports.

Pension savings managed by private companies and non-state pension funds, transferred to VEB for a year, will later be returned.

“When calculating the receipt of insurance contributions for compulsory pension insurance in 2014, all of these receipts will be credited to the distribution component of the compulsory pension insurance system,” says the explanatory note to the draft federal budget.

According to the Deputy Minister of Finance, in return citizens will receive decent compensation. “Currently, the ruble in the insurance part is more expensive than the ruble in the savings system,” noted A.V. Moiseev.

In 2015-2016, the Government plans to “unfreeze” the funded segment, in connection with which the employer will pay contributions to the funded part of the pension at 6% or 0%, depending on the choice of the insured.

“The proposed changes will make the pension system more fair and balanced. The bills provide for a departure from the equalizing principle when establishing pensions,” quotes the words of the head of M.A. Topilin. press service of the Ministry of Labor.

The latest bill as of the date of writing this article, adopted by the State Duma of the Russian Federation on October 19, 2013, states that if you are “silent”, that is, did not transfer 6% to a management company or non-state pension fund, then the funded part will be reset to zero, and the insurance part will be 16 %.

How to choose the best option?

It is worth noting that today it is almost impossible to calculate your future pension. Pension reform continues and a number of bills are being considered, so even experts are confused in their comments. According to the latest Bill, the question of choosing the tariff for the funded part of the pension is eliminated (6% or 0%), therefore, remaining “silent” is unprofitable, since the funded part of the pension is reset to zero, and the insurance part does not change.

The question arises: where is it better to transfer the funded part to a non-state pension fund or a management company?

• reliability of NPF or management company
• previous profitability of pension savings management
• company rating
• manager's remuneration amount
• information transparency and openness of the management company or fund

If the management company or non-state pension fund is declared bankrupt, client funds will be transferred back to the Pension Fund. An important circumstance is that the non-state pension fund can be changed once every five years, according to the latest clarifications of the Ministry of Finance of the Russian Federation.

How will the pension be calculated in the new way? In accordance with the adopted amendments?

The new pension reform also assumes that rights to an old-age insurance pension will be taken into account not in absolute numbers, but in pension coefficients, that is, points. These points will be determined based on length of service, salary level and retirement age. So, the formula is designed in such a way that if you continue to work after reaching retirement age, the size of your pension will increase.

The retirement age remains the same for now: 55 years for women and 60 for men. To calculate your future pension using the new formula, you can use the calculator on the website of the Russian Pension Fund

Until 2002, Russia had a distribution pension system: all insurance contributions went towards the formation of insurance pensions. The size of pension payments depended only on length of service.

Since 2002, the distribution and savings system has been operational, which divides pension savings into three parts: fixed, or basic, insurance and savings.

Fixed part. This is a guaranteed payment from the state, the minimum that a pensioner will receive. The size of the fixed part is determined by the state. It may vary depending on the age of the pensioner, the number of dependents, region of residence and health status.

Minimum size old-age pensions from January 1, 2019 - 5334.19 RUR. Disabled people of the first group, pensioners with dependents, workers in the Far North and pensioners over 80 will receive more. The maximum payout is RUB 24,003.85.

The insurance portion is also paid to all pensioners, and its size depends on the length of service. The higher the length of service, the more a person can count on in old age.

What will you learn

What is the funded part of a pension?

Since 2014, the authorities introduced a moratorium: they froze the funded part of the pension and all insurance premiums began to go towards the formation of only the insurance part. The moratorium is valid until the end of 2021. No one currently has a funded pension component based on employer contributions.

It can only be formed from investment income:

• you entered into the state pension co-financing program before the end of 2015;
• donated maternity capital to form the funded part of the pension;
• make additional insurance contributions to your funded pension.

Participants in the program of state co-financing of pension savings contribute money to the funded part on their own, and the state doubles their contributions. But there is a limit: contributions are doubled only from 2 to 12 thousand rubles.

Who was born in 1966 and earlier. The insurance pension was accrued from 2002 to 2004 by default if the insured person worked officially and the employer made contributions to the pension fund. In 2005, all insurance contributions were divided into the formation of the insurance and fixed part of pension payments.

How does the savings part differ from the insurance part?

The insurance and funded parts of pensions differ from each other in the method of formation, form, indexation and right of inheritance.

Method of formation. Insurance pension savings consist of mandatory contributions, while funded pensions are formed by voluntary contributions.

At the MFC

You can obtain an extract from your personal account at the MFC, which has an agreement with the pension fund. Please check in advance if this is possible at your nearest office.

If the MFC issues an extract, come there with your passport and insurance certificate. Fill out the application on site. The extract will be ready within 10 days.

In banks

You can receive a statement from your personal account at a bank that has an agreement with the Pension Fund: at a branch, at an ATM, terminal, application or in your personal account on the bank’s website.

Banks where you can get a statement: Sberbank, Uralsib, Gazprombank, Bank of Moscow, VTB-24

If it is convenient to go to a bank branch, take your passport and SNILS with you. Fill out the application on the spot, you will receive an extract immediately.

How is the funded part of a pension calculated?

The funded component of the pension will be greater if you do not apply for it immediately. Each year the expected period will decrease by 12 months, and thus the amount according to the formula will be greater. If you retire at 63 rather than 60, your pension savings will be divided over 210 months rather than 252.

If the funded pension is no more than 5% of the insurance amount, then you can receive it in a lump sum.

Funded pension

Accumulated amount at the time of retirement

Amount of monthly increase to the regular pension

400,000 R

1587.3 R

RUB 700,000

2777.8 R

1,000,000 R

3968.2 R

Indexation and recalculation of pension savings

Only insurance pensions are indexed. Savings funds are financed, that is, they increase depending on the conditions of the management company or non-state pension fund.

The funded part of pensions is formed from contributions and investments. Contributions are made by you, and the management company or pension fund you have chosen invests.

If you did nothing or chose the Pension Fund, then the funded pension is financed by the management company of Vnesheconombank - Web-rf. The funded part of the pension is financed and increases depending on the profitability of the portfolio: for Vnesheconombank it is on average 7%, for NPFs it is 10%.

The funded part of pensions is adjusted according to the formula: the amount of total savings as of July 31 of the year in which the adjustment occurs and the amount of money received as of July 1 is divided by the remaining expected period of payment of the funded component of the pension as of July 31 of the same year.

Lydia Ivanovna turned 55 years old; she retired on October 1. The total amount of her savings is 400,000 RUR. Every month Lidia Ivanovna will receive 1587.3 R (400 thousand divided by 252 months - the expected payment period). She received a pension for 10 months - 15,873.3 R. During this time, 12 thousand were credited to her account, and the funded component of the pension must be adjusted - it will be 1636.9 R.

What happens to the funded pension after death?

If the insured person dies, the funded part of his pension payments can be disposed of by his legal successors. The legal successor can be by application or by degree of relationship.

Legal successors according to the degree of relationship are divided into two stages: first and second.

If the deceased did not leave an application for the distribution of the funded part, the money is distributed among the successors from the first line in equal shares. If there are none, then the money is distributed among the legal successors from the second stage.

You must contact any branch of the Pension Fund no later than 6 months from the date of death of the insured. Take documents with you:

• passport;
• a certificate of place of residence or registration, if this is not in the passport;
• documents confirming relationship with the deceased (birth or marriage certificate);
• SNILS of the deceased;
• death certificate, if available.

If the legal successor submits documents to receive the funded part in person, he needs to bring the original documents. If by mail - copies certified by a notary.

If the pension was in a non-state pension fund, you need to contact the fund in which the savings were formed and write an application to receive the payment.

How to find out the amount of the funded part of the deceased’s pension

If you have access to the personal account of the deceased in government services, look at the pension accruals there. You cannot order an extract from the personal account of the deceased from your office.

If there is no access, contact the pension fund in which the deceased’s savings lie. Only the legal successors from the application of the deceased or his relatives can obtain information about the personal account of the insured.

If the accumulation portion of the deceased’s pension savings was formed at the Pension Fund of the Russian Federation, you need to contact them there. Take with you your passport, documents about relationship, your SNILS and the deceased, death certificate.

An information marathon on investing the funded portion of a pension was held at the Omsk branch of the Pension Fund of the Russian Federation. We publish answers to the most common questions.

Question. I am 32 years old. I have never written any statements, and I don’t even know if I have a funded part of my pension?

Answer: The funded part of the pension is formed for citizens born in 1967 and younger. If you are a working citizen, then your employer transfers insurance premiums for you. These contributions are distributed in two directions - to the insurance part of 10% and to the funded part of 6%. For citizens who did not exercise their right to choose and did not transfer funds from the funded part of their labor pension, for example, to a non-state pension fund or management company, already in 2014, further formation of the funded part of their labor pension was stopped, the tariff insurance premium for the insurance part of the pension will be 16%, for the funded part - 0%.

Question: Why aren’t pension savings transferred to non-state pension funds (NPFs)? When will they be delivered?

Answer: According to the current legislation, in order to improve the management of pension savings and ensure the safety of these funds in 2014, insurance premiums for the second half of 2013, debts for 2002-2013, voluntary insurance contributions, maternity capital funds allocated for the funded part of the pension, received by the Pension Fund of the Russian Federation , will be transferred to NPFs as soon as they go through both stages of reform - corporatization and entry into the guarantee system. Non-state pension funds are given two years to join the system of guaranteeing the rights of insured persons: 2014 and 2015.

Information about non-state pension funds that have changed their organizational and legal form can be found on the Pension Fund website.

Pension savings funds for 2014 and 2015 will not go to the non-state pension system; they will remain in the Pension Fund and will be taken into account in the insurance part of the pension.

Question: How can you find out which non-state pension funds have joined the guarantee system?

Answer: In accordance with the legislation, the Pension Fund of the Russian Federation is entrusted with the obligation to inform insured persons about the inclusion of non-state pension funds in the register of participants in the system for guaranteeing the rights of insured persons. Citizens will be informed by posting information on the official website of the Pension Fund of the Russian Federation (www..

As NPFs enter the system of guaranteeing the safety of pension savings, this information will be reflected on the website of the Pension Fund of the Russian Federation.

Question. After acceptance new formula To which part of the pension is it better to allocate more contributions from the employer's insurance contributions - to the insurance or funded? Which tariff to choose - 0% or 6%?

Answer. Citizens born in 1967 and younger in 2014-2015. provided the opportunity to choose the rate of insurance contribution for the funded part of the labor pension: either leave 6%, as it is today, or refuse to further form the funded part of the pension, thereby increasing the tariff for the insurance part of the pension from 10% to 22%.

By increasing the percentage of the tariff for the formation of the funded part, the citizen reduces pension rights for the formation of the insurance part, and vice versa. When making a decision, you should remember that the insurance portion is guaranteed to increase by the state due to annual indexation by the level of inflation and taking into account the PFR income growth index per pensioner. The funds of the funded part of the pension are invested in the financial market by a non-state pension fund or management company chosen by the citizen. The profitability of pension savings depends on the results of their investment, that is, there may be losses. In case of losses, only the payment of the amount of paid insurance contributions to the funded part of the pension is guaranteed.

In addition, in contrast to the insurance part, savings funds are paid to legal successors in the event of the death of the insured person.

Question: I want to refuse the savings part. Please advise what to do?

Answer: You can refuse further formation of the funded part of your pension. Such a decision can be made at any time without time restrictions and after 2015.

You can submit an application for refusal at any territorial office of the Pension Fund of the Russian Federation and provide identification documents confirming your date of birth, SNILS.

Question: How do I know where my savings portion is?

Answer: It is possible to find out which insurer is currently generating your pension savings and what their size is through the Unified Portal of State and Municipal Services (www.gosuslugi.ru) or through credit organizations with which the Pension Fund of the Russian Federation has concluded agreements on informing insured persons about the status of their individual personal accounts (Sberbank of Russia OJSC, Bank Uralsib OJSC, Gazprombank OJSC, Bank of Moscow OJSC, Bank VTB 24 CJSC).

You can also obtain information about the formation of your pension savings from the Pension Fund Office at your place of residence by ordering a notice from the Pension Fund of the Russian Federation by mail. The notification received will indicate the selected management company and the selected investment portfolio or non-state pension fund, if the formation of the funded part of the labor pension is carried out by a non-state pension fund.

Question: I am creating a savings portion in a non-state pension fund, what will happen to my savings?

Answer: All funds that were transferred to the NPF before 2014. there they will remain. There can be no talk of any withdrawal of pension savings. The law does not have retroactive effect. The NPF you have chosen will continue to manage these funds. During 2014 -2015, no new contributions will be received; they will be taken into account in the insurance part of the pension.

All already generated pension savings will be paid in full, taking into account the income from their investment, when a citizen becomes entitled to an insurance pension and applies for its assignment.