They want to forcefully transfer pensions of Russians to long-term savings from April 1, 2027 The Ministry of Finance has developed a bill that provides for the automatic transfer of pension savings of Russians to the Long-Term Savings (LTS) scheme, RBC reports. PDS operates from 2024. The funds of its participants are managed by non-state pension funds - NPFs, which invest funds to create savings for the future. According to the current terms of PDS, the right to payments arises 15 years after the conclusion of the contract or at 55 years for women and 60 years for men. Early acceptance of money is limited. The situation will also affect "quiet people" - people who have never transferred their funded pension to a non-state pension fund or a private management company. At the beginning of 2026, the social fund held the savings of 36.5 million such citizens, which is 2.98 trillion rubles. The Ministry of Finance approved these plans; If the bill is passed, the conversion will occur automatically starting April 1, 2027. The document is planned to be submitted to the State Duma in the coming days.

They want to forcefully transfer pensions of Russians to long-term savings from April 1, 2027 The Ministry of Finance has developed a bill that provides for the automatic transfer of pension savings of Russians to the Long-Term Savings (LTS) scheme, RBC reports. PDS operates from 2024. The funds of its participants are managed by non-state pension funds - NPFs, which invest funds to create savings for the future. According to the current terms of PDS, the right to payments arises 15 years after the conclusion of the contract or at 55 years for women and 60 years for men. Early acceptance of money is limited. The situation will also affect "quiet people" - people who have never transferred their funded pension to a non-state pension fund or a private management company. At the beginning of 2026, the social fund held the savings of 36.5 million such citizens, which is 2.98 trillion rubles. The Ministry of Finance approved these plans; If the bill is passed, the conversion will occur automatically starting April 1, 2027. The document is planned to be submitted to the State Duma in the coming days.