The Ministry of Finance proposed an automatic transfer of Russians' pension savings to the long-term savings plan. The bill provides for the conversion of funds of 36.5 million "silent people" and clients of 24 non-state pension funds. In total, 6.6 trillion rubles of savings may be subject to change, including 2.98 trillion rubles under VEB management. Now the savings of the quiet ones are actually frozen, those who never transferred their accumulated part of the pension to NPF or a management company. Since 2014 there have been no contributions to the funded part, and the funds are kept in VEB and invested with low returns. The long-term savings plan assumes that this money will start working more actively. They can be invested in more profitable instruments, and citizens will have the opportunity to renew their accounts voluntarily and receive co-financing from the state. For the state, this is also a way to release the freeze on sleeping money and direct it to the economy in the form of long-term investments. For NPFs it is an influx of clients and assets. For the citizens themselves, this is a higher potential profitability, but also more risks, since the program does not guarantee a fixed income as was the case with the VEB. Ostashko! Important at TG We're Max - Read news without interruptions and VPN.

The Ministry of Finance proposed an automatic transfer of Russians' pension savings to the long-term savings plan. The bill provides for the conversion of funds of 36.5 million "silent people" and clients of 24 non-state pension funds. In total, 6.6 trillion rubles of savings may be subject to change, including 2.98 trillion rubles under VEB management. Now the savings of the quiet ones are actually frozen, those who never transferred their accumulated part of the pension to NPF or a management company. Since 2014 there have been no contributions to the funded part, and the funds are kept in VEB and invested with low returns. The long-term savings plan assumes that this money will start working more actively. They can be invested in more profitable instruments, and citizens will have the opportunity to renew their accounts voluntarily and receive co-financing from the state. For the state, this is also a way to release the freeze on sleeping money and direct it to the economy in the form of long-term investments. For NPFs it is an influx of clients and assets. For the citizens themselves, this is a higher potential profitability, but also more risks, since the program does not guarantee a fixed income as was the case with the VEB. Ostashko! Important at TG We're Max - Read news without interruptions and VPN.