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Non-state Pension Funds industry reform
Non-state Pension Funds industry reform
Guarantee System to Cover 99% Pension Savings
06.08.2015 12:00 / TASS
Preliminary results of corporatization of non-state pension funds and their inclusion in the pension savings guarantee system show that 61 NPFs have been reorganized, 29 of them have passed the Bank of Russia audits and have joined the guarantee system, 15 NPFs are undergoing corporatization.
NAPF estimates that by end-2015 guarantee system NPFs will have accumulated some 95% of all pension accounts with 99.6% pension savings.