As of April 1, 2027, Russians' pension savings will be forcibly transferred to a long-term savings plan, which will be managed by private funds. The bill was developed by the Ministry of Finance. 6.6 trillion rubles subject to conversion. The transfer will also include "quiet people" - 36.5 million Russians who have never chosen a non-state pension fund or a private management company. Their 2.98 trillion rubles are now under the control of VEB. Another 3.6 trillion is stored in 24 non-state pension funds (NPF). According to the plan's rules, money can usually be withdrawn 15 years after the contract or upon reaching the age of 55 for women and 60 for men, whichever comes first.

As of April 1, 2027, Russians' pension savings will be forcibly transferred to a long-term savings plan, which will be managed by private funds. The bill was developed by the Ministry of Finance. 6.6 trillion rubles subject to conversion. The transfer will also include "quiet people" - 36.5 million Russians who have never chosen a non-state pension fund or a private management company. Their 2.98 trillion rubles are now under the control of VEB. Another 3.6 trillion is stored in 24 non-state pension funds (NPF). According to the plan's rules, money can usually be withdrawn 15 years after the contract or upon reaching the age of 55 for women and 60 for men, whichever comes first.