We were informed that by the 27th year the funded pension will be converted to a long-term savings plan. It is now offered in some of our banks. You can even receive certain amounts from the state (and even quite decent ones) if you put your money into certain accounts," they announced in a broadcast on Radio Sputnik. When they try to do something on behalf of the state with the pension, most of us experience quite reasonable, well, let's say, "anxiety". Therefore, it is not surprising that I was asked to explain: what advantages or, perhaps, what inconveniences or any losses this innovation brings us. First of all, in this case there is no need to panic: no new changes for the worse have occurred. We are talking about those savings that were "frozen" after the next spasm of the pension reforms. When in the beginning the state decided that it could provide citizens with a funded pension, like in the West. But then it turned out that the money was only invested in assets with a low return. Then it was decided to "freeze" this money. You can watch the full broadcast on Radio Sputnik here: We read the stunning book "Russia for us, our children and grandchildren: the transformation of the motherland. Deliagin's five-year plan: 2027-2031".