commitmentSaid on 2026-11-06
Management of pension savings will remain under state control; for citizens with savings in the Social Fund of Russia, an authorized non-state pension fund with mandatory state participation is being formed, and VEB.RF will manage the pension savings.
A commitment by minfin, said on 2026-11-06. Statements are as reported by the cited publishers — not verified by DecisionGateway.
Управление пенсионными накоплениями останется под контролем государства.
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The development of private management should create competition and give citizens more opportunities to independently choose an investment strategy for pension savings.Тимура Сулейменова · predictionThe National Bank of Kazakhstan advocates expanding the opportunities of private management companies in the pension savings market.Национальный банк Казахстана · commitmentA guarantee of safety of personally contributed funds and accrued income will be provided within 2.8 million rubles; converted pension savings and co-financing funds will be guaranteed by the state in full, including investment income.minfin · commitmentThe changes do not affect the insurance pension assigned and paid by the Social Fund of Russia; the procedure for accounting individual pension coefficients and employment length remains the same.minfin · statement344.5 million rubles are placed in separate accounts for accounting of National Welfare Fund funds at the Bank of Russia.Минфин России · statementAs of 1 November, 344.5 million rubles were placed in National Welfare Fund accounts at the Bank of Russia.Минфина РФ · statement
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The Long-Term Savings Program was launched in January 2024; about 15 million contracts totaling over 1.2 trillion rubles have already been opened under the PDS.statementMaternity capital funds previously directed to forming a funded pension will also be converted to the PDS, and citizens will be able during a transition period to return them to maternity capital and/or direct them to other purposes provided by law.commitmentA guarantee of safety of personally contributed funds and accrued income will be provided within 2.8 million rubles; converted pension savings and co-financing funds will be guaranteed by the state in full, including investment income.commitmentWhen savings are transferred to the PDS, all rights and guarantees for citizens are preserved and additional opportunities are provided for managing accumulated funds and creating long-term savings.statementThe changes do not affect the insurance pension assigned and paid by the Social Fund of Russia; the procedure for accounting individual pension coefficients and employment length remains the same.statement
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