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Company / Laws

The Central Bank told about payments for individual pension capital

Legal advice 06.06.2018 at 17:55

Legal advice

New system of individual pension capital

(PKI) will include three options of pension payments — urgent,

, and hybrid perpetual, said the first Deputy Chairman of the CBR

Sergey Shvetsov.

According to the existing concept, developed by the Ministry of Finance and the Central Bank, IPK

must be formed at the expense of voluntary deductions of citizens in NPF.

it was Assumed that such a system should enter into force on 1 January 2019

, however, the government slowed down the work on the document in the period before

the presidential elections. On Monday, the head of the Central Bank Elvira Nabiullina

hoped to return to the discussion of the introduction of ITQs. This is convenient

a tool for the formation of citizens ' pension savings, which

will improve the level of pensions, she added.

Upon reaching retirement age will have two options — to continue

accumulate or begin to receive a pension. "If you have decided to start

to receive a pension, you can choose one of three options pension

plan," — said Shvetsov, speaking at the International financial Congress.