The State Duma Committee on Financial Market recommended that the lower house of parliament adopt in the first reading amendments to the procedure for transferring pension savings to pension reserves as a one-time contribution under a long-term savings agreement. In this respect reports TASS.
The bill was developed with the aim of improving and optimizing the process of creating long-term savings for citizens. The document was submitted to the State Duma in October by a group of deputies and senators led by Anatoly Aksakov, chairman of the financial market committee.
In addition to changing the procedure for transferring retirement savings, the bill gives new powers to the Financial Services Consumer Rights Commissioner. These concern the evaluation of applications under long-term savings agreements for the purpose of pre-trial resolution of disputes between consumers of financial services.
The long-term savings program does not yet seem very interesting to a broad mass of Russians. stated First Deputy Chairman of the Central Bank of the Russian Federation Vladimir Chistyukhin at the conference “10 years of the mega regulator: yesterday, today, tomorrow”. In his view, Russians need to be gently guided towards long-term savings. For example, at least promise to protect the interests of the enterprise’s employees.
Russian President Vladimir Putin signed the law on July 10, 2023, launching a new long-term savings program for citizens. It starts on January 1, 2024. You can join the program from the age of 18. Everyone has to make a special arrangement with a non-state pension fund and then pay savings contributions. The state will provide co-financing of the program at certain rates. More details material “Newspapers.Ru”.
Putin before instructed Make long-term savings program useful.