Russian pensions will be automatically converted to a long-term savings plan starting next year: "The government submitted to the State Duma a bill to transfer citizens' pension savings to a long-term savings plan. The new rules are expected to be introduced on April 1, 2027, according to the materials of the Russian Ministry of Finance. The changes will only affect the pension savings from which the funded pension is created. The government proposes to transfer them to a long-term savings plan starting on April 1, 2027. The insurance pension, calculated according to length of service and pension points, is not affected by the project. Funded allowances already allocated will continue to be paid under the same conditions."

Russian pensions will be automatically converted to a long-term savings plan starting next year: "The government submitted to the State Duma a bill to transfer citizens' pension savings to a long-term savings plan. The new rules are expected to be introduced on April 1, 2027, according to the materials of the Russian Ministry of Finance. The changes will only affect the pension savings from which the funded pension is created. The government proposes to transfer them to a long-term savings plan starting on April 1, 2027. The insurance pension, calculated according to length of service and pension points, is not affected by the project. Funded allowances already allocated will continue to be paid under the same conditions."