From January 1, 2024, a long-term savings program aimed at increasing pensions will be launched. St. Fatima Nogailieva, assistant of the Department of Labor and Social Law at St. Petersburg State University, reported this in an interview with the agency. “Hit the primer”.
According to him, those who want to participate in the program must make an agreement with a non-state pension fund. In the first year, the participant pays the fee himself, and in the second year, the state participates. Co-financing continues for three years.
The state undertakes to co-finance citizens’ contributions if the amount is at least 2 thousand rubles, but the amount depends on the income of the program participant. The maximum amount that the state will add is 36 thousand rubles per year.
Pension payments will be available to men over 60 and women over 55. These payments can be for a fixed term (for a period of at least 10 years) or for life.
In special life situations, such as payment of expensive treatment costs or loss of the participant’s breadwinner, citizens will be able to use their savings funds ahead of schedule without terminating the contract.
The legal heirs of the deceased program participant will receive any remaining funds in the account.
State Duma in November approved Indexation of pensions above the inflation rate.
Putin before signed the law on the delivery of pensions only by Russian Post.
Source: Gazeta
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