The government submitted to the State Duma a bill on the automatic transfer of citizens' pension savings to the long-term savings plan (LTS) starting April 1, 2027, RBC writes. The measure will only affect the funded part and will not affect the insurance pension. Program participants will be able to receive government co-financing of up to 36 thousand rubles a year for 10 years, apply for tax rebates, and their money will be insured up to 2.8 million rubles.

The government submitted to the State Duma a bill on the automatic transfer of citizens' pension savings to the long-term savings plan (LTS) starting April 1, 2027, RBC writes. The measure will only affect the funded part and will not affect the insurance pension. Program participants will be able to receive government co-financing of up to 36 thousand rubles a year for 10 years, apply for tax rebates, and their money will be insured up to 2.8 million rubles.