Compulsory pension insurance funded part. Your choice of pension option. NPF or PFR? Definition of the insurance part

The insurance part of the pension payment

In 2002, there was a reform in the system of pension accruals. In this regard, all pension payments to citizens will consist of 2 components - insurance and funded. The funded part was formed from the monthly contributions of citizens. The accumulation of this part of pension funds was suspended in 2014.

For this reason, all funds received from citizens are sent to the insurance part of the pension. What is it and what determines the size amounts of future contributions?

1. Insurance-type pension upon reaching a certain age. After reaching a certain age, they retire: men at 60, women at 55. This does not apply to persons retiring by age according to special preferential conditions: residents of the Far North, people affected by radiation at the Chernobyl nuclear power plant, working in hazardous industries, military pensioners, etc. Age for receiving pension provision will grow. Soon it will be 60 years for women and 65 for men. This will increase the insurance period - the basis of decent pension payments in the future.
2. Survivor's pension. Allocated to people who have lost their only breadwinner. This payment occurs regularly every month. It can be received:

• close relatives of the deceased who do not work, but are forced to support dependents;
• citizens who cannot support themselves by virtue of special conditions(minors, full-time students, disabled people);
• spouses or parents who have lost their sole supporter in the person of the breadwinner. The survivor's pension will be accrued on the condition that the deceased or missing person had a minimum length of service, and the death of the breadwinner was not the result of the actions of the people themselves who are counting on the pension.

1. pension for . It is assigned to people officially recognized as disabled. The state of disability is confirmed by a survey by a special commission. If a person does not have a minimum insurance period at the time of receiving a disability, he is assigned another type of assistance - a social disability benefit. The disability pension will be accrued for as long as the incapacity for work persists. If a person retires due to old age, the due cash payments from the PFR will be recalculated and assigned to a new account.

What is the insurance pension, how is the process of its registration

The amount of payments is constantly changing. From the first day of 2018, it will change. The insurance part of the pension will increase. The value of one pension point in 2018 will be equal to 80 rubles.

The minimum individual score required to provide a pension would be 8.7 or 5.43.

Individual indicator of pension payments

At non-working pensioners pension will increase by 3.7%, and average pension will be equal to 14075 rubles. Monetary contributions transferred to the Pension Fund will be fixed on a personal account and subsequently converted into pension points used in the calculation of future pension savings.

The individual indicator of pension payments increases depending on the summed monetary contributions accrued through the citizen's employer, on the length of service, which includes insurance and non-insurance periods of time. Pension maintenance will be assigned from the date of submission of the application to the branch of the Pension Fund.

The appointment time changes in the following cases:

1. a pension for people of advanced age is considered from the date of entry into the prescribed rest by age, if the person applied with an application after 30 days;
2. a disability pension is assigned after the fact of recognition of disability with an indication of the group, if the citizen paid a visit to the Pension Fund no later than one year after the assignment of the group;
3. a pension for the loss of a breadwinner begins to be accrued on the second day after his death, provided that the family members of the deceased went for compensation no more than a year after the loss.

To receive insurance-type pension payments, a person must contact the following organizations:

• to the organization that pays him wages;
• to the branch of the Pension Fund by submitting a list of documents;
• at the MFC, when providing pension registration services;
• submit an application remotely by making an application on the page of the Pension Fund.

Formation will proceed as follows. The insurance pension begins to accrue after the application is submitted. For assistance in preparing the necessary documents, please contact the local branch of the FIU. Documentation for the insurance pension and copies of them can be brought in person. This will correct inaccuracies. registration at their availability.

Persons who cannot personally apply for a pension can entrust the procedure to an authorized person who can present a notarized power of attorney with a signature. As a big exception, insurance can be distributed after the fact, but such cases will be an exception.

To apply for an insurance pension, you need:

• application for the grant of benefits, writing down your data on the form;
• SNILS;
• identity card (passport);
• the original work book or a copy certified by a notary, a copy of an extract confirming the length of service;
• payroll data for the last 60 months;
• other papers that are able to confirm the amount of contributions and working years.

Where to find out the amount of your insurance pension savings and when you can get them

The funded and insurance parts of the pension will not be separated from this year. Now the entire pension will be insured. There are several ways to find out about insurance cash payments. All pension contributions made are in a personal account.

You can collect information about the amount on your personal account via the Internet and at the PFR branch by contacting your place of residence. You can find out remotely by registering on the State Services portal.

User guide for monitoring pension savings online through the "Gosuslugi":

1. Register on the portal "Public services". To do this, you will need to enter your data: last name, first name, mobile phone (or address Email). If you have already registered, please log in using your mobile phone number. (or email address) and password.
2. On the site page in the "Popular on the portal" section, open the "Check pension account" tab or through the "Catalogue of services" -\u003e "Pension, benefits and benefits", select the item "Notice of the status of the personal account in the PFR".
3. On the next page, mark the blue button "Get a service".
4. At the final stage, a page will appear where in tab 2 “Information about the status of an individual personal account”, a file with information about your pension will appear. This document can be printed in your "Personal Account".

This option is considered simple and allows you to get information about the position of your personal account at a distance. Such a system allows not only to see the status of your individual account in the mechanism of pension savings, but also to change the passport, issue a maternity certificate, register the admission of children to a children's educational institution.

Is it possible to find out the amount in the very department of the Pension Fund? This method is suitable for those who do not have access to the Internet or material income does not allow this. It is necessary to go to the PFR office at the place of registration, taking with you the papers necessary for registration.

Employees of the Pension Fund of the Russian Federation will help with registration on the public services portal and provide you with information on exactly how many points you have on the current date.

Registration of an insurance pension

How can I get information about the status of my pension if you participate in a pension program and are a member of a non-state pension fund? You can obtain a cash flow certificate by completing a series of the following steps:

1. When visiting an NPF institution, obtain available information from employees on the status of collected pension contributions for your individual personal account. You need to have your social card with you, which is necessary for financial settlements.
2. Get information via the Internet. Sberbank employees will provide support if a person is not able to find such data on their own.
3. Use an ATM or terminal.

How to cash out insurance payments?

It is possible to receive pension capital in 3 ways:

One time payment. A lump sum payment means the transfer of all funds in the account at one time. The following individuals may apply for these funds:

• People who are already receiving old-age pensions and those who have applied for an old-age pension at the present time.
• Persons receiving cash compensation in connection with a disability or loss of a breadwinner who have reached the retirement age due to age.

Urgent payment. This type of cash withdrawal is made upon application with confirmation of the date when the person will receive the accumulated pension contributions. Its duration cannot be less than 10 years. The citizen will be calculated the amount of payment for each month, which changes annually with a constant cash flow. Such a payment is made from savings voluntarily deducted by the employer and investment income.

Establishment for retirement. The funded part of the pension is determined if its size is 5% of the future pension. For 10 years, while the funded part was not introduced, and contributions were transferred to it, many citizens managed to retire. However, not everyone who is assigned an old-age pension will be able to receive its funded part. Thus, recipients of pensions on preferential terms will receive their funds not earlier than reaching the age of 55–60.

Useful video about pension insurance from an NPF agent:

Jan 21, 2018 Benefit Help

You can ask any question below

Thinking about your future and planning your own old age is a completely rational approach to life. And in Western countries, this desire of citizens has been fully supported by the current legislation for many decades. It has been operating in Russia for quite a long time, a little more than a decade. Despite this, many working citizens still cannot understand what the funded and insurance part of a pension is, and, consequently, what amount of security awaits them in old age. In order to understand this issue, you need to read the following information.

Prerequisites for changing the pension system

Until 2002, the calculation of pensions for citizens took place according to the “principle of solidarity”, which has been used since the days of the USSR. Abroad, such a distribution system was called "pay as you go", which in Russian means "pay as you go." The essence of this system was that the pension contributions of all working citizens of the country were distributed among people who are currently on a well-deserved rest. This approach was quite logical and justified, but only until the moment when the pension burden began to increase rapidly. Previously, the minimum amount of provision for one pensioner was assigned to 2 - 2.5 working people, but with the deterioration of the demographic situation in the country, this figure has dropped rapidly. And, according to experts, already in 2020 this ratio will be 1:1.

In addition, contributions to the insurance part of the pension, which are deducted by working citizens in the Pension Fund, for the state perform the function of investing in the modernization of the country's economy. By changing the pension legislation, the state not only ensures the future of its people, but also receives a significant injection of capital into its own development.

The essence of the reform and the formation of a labor pension

Since 2002, 4 laws have come into force that regulate the balanced operation of the pension system. However, it is impossible to talk about cardinal changes, in accordance with the content of these documents, since they are a smooth transition from the distributive system that existed before to the distributive-accumulative one.

Since the entry into force of the new legislation, the formation labor pension is carried out in the OPS system (mandatory pension insurance), and it consists of three main parts: insurance, basic and funded. As for the amount of pension provision for citizens, it is calculated according to a formula established by federal law.

In general, the reform allowed citizens of the Russian Federation to independently regulate the amount of pensions, increasing their own savings with the help of private management companies or specialized non-state pension funds.

The main problem of pensioners

Despite the fact that the pension reform in Russia has been in effect for a long time, many pensioners and working citizens still have not figured out what the funded and insurance part of a pension is. And, therefore, they cannot properly manage their savings and get a decent profit. That is why, starting to consider the modern pension system, you should study the basic concepts. And only after that, to discuss whether to transfer the funded part of the pension and how to do it?

Pension system 2002-2010

All employers of the federation, in accordance with applicable law, must pay monthly contributions to the Pension Fund in the amount of 20% of the salary of each employee. Until the end of 2007, the rate was divided into three parts: 4% was the accumulative part, 10% - insurance, and, accordingly, 6% - basic. This distribution was not entirely fair to citizens who wanted to increase their income from investments and receive a decent amount of monthly security. Since January 2008, amendments to the laws on pension reform have come into force. In accordance with them, the percentage of the insurance part of the pension was reduced by 2 units, which were transferred to the funded item.

As for individual entrepreneurs, in accordance with the law, they are obliged to deduct a clearly fixed rate to the PF on a monthly basis. For organizations of any form of ownership using a special simplified taxation system, contributions are provided for the insurance part of the pension in the amount of 10% and 4% for the funded one.

Basic part of the pension

The smallest component of the pension is the basic part, which is a strictly fixed amount established by the state as a guarantee obligation to citizens. Initially, since 2002, it was 450 rubles, but every year this amount is indexed to inflation.

It is worth noting that formally the basic part of the pension is financed from monthly contributions that employers deduct in the PF. However, in fact, this amount is not enough for payments, so the federal budget compensates for it. After all, no matter how much the basic insurance part of the pension was received in the current period on the accounts of the PF, the state must fulfill its obligations to provide for socially unprotected citizens.

This amount of security is assigned to all citizens who have reached retirement age, whose work experience is more than five years. The upwardly adjusted rate is only applicable to persons over 80 years of age, persons with disabilities and citizens with disabled dependents. In principle, this amount combined the previous surcharges, compensatory allowances and minimum pension. Its main function is to provide some basic social guarantee, which is confirmed by its very name.

Since the beginning of 2010, this component of the obligation has disappeared from the pension system, and a fixed part of the insurance pension has taken its place.

Features of the funded pension

The pension reform that has been in force in recent years in the Russian Federation involves the use of such a concept as which is formed from 6% of contributions deducted monthly by the employer in the Pension Fund. Its distinguishing feature from other components of pension provision is that these are “live” funds, the increase in the size of which is completely dependent on the employee. After all, the essence of the funded part of the pension lies in the possibility of independent investment of their money. How much it will be possible to increase the accumulated capital depends on the choice of the right investment strategy, in other words, to whom the money will be given to manage.

After the start of the reform, citizens began to receive the first payments under this article from July 1, 2012, when Law No. 360-FZ came into force (in the people this document is better known as the “Payment Law”). Of course, the amounts received by citizens are not very large, as, in principle, the accumulation period, but this was the first step in self-support for old age.

The reform of the pension system in the Russian Federation continues at the present time. Many laws have already been signed that regulate deductions and the method of forming the funded part. One of the innovations that everyone should know about is that starting from 2015, this component of the pension provision will be formed for all employees “by default”. This means that without submitting an appropriate application for the transfer of funds under the management of other organizations, the funded part is automatically transferred to the insurance.

Whom to entrust the management of savings?

To date, there are three options for managing pension savings, and each of them has both its advantages and "pitfalls".

So, the first thing you can do with your accumulative pension savings is to simply leave them in the state pension fund. The option is good, it does not require spending time and effort on paperwork, but, having chosen it, one can only hope that by the time you enter your well-deserved rest, inflation will leave at least a small amount for old age. Another significant drawback is the fact that a person does not conclude an individual agreement with the PF and does not have reliable information about the state of his money. The advantage of such management can be called the fact that the state itself acts as a guarantor of the return of financial resources.

The second option is much more profitable than the first and boils down to the fact that the funded part of the pension can be transferred to the management of the management company (management company). The yield from such an investment, albeit slightly, but exceeds inflation, which guarantees the safety of savings. In this option, as in the previous one, the state acts as a guarantor, and a person can once a year receive information about the state of his own. Despite the economic benefits, financial management of the management company has the highest degree of risk, since these organizations are entitled to invest in profitable instruments.

The third option can be used by people who are not only well versed in what the funded and insurance part of a pension is, but are also ready to refuse the protection of the federation, entrusting their money to the Non-State Pension Fund. From the moment of signing the individual agreement, the funded part of the pension becomes the property of the NPF. Undoubtedly, the return on such an investment will be significantly higher than inflation, but even this cannot guarantee the fulfillment of obligations to return funds.

Before choosing the option of investing in the funded part of the pension for old age, you should carefully consider all the options.

How to transfer the funded part of the pension?

To date, active participants in the pension reform who participate in the funded program are citizens of the Russian Federation born after 1967. It is they who can independently control part of their pension provision and decide where to invest this amount of funds. Many, of course, without creating additional difficulties for themselves, prefer to leave money in the pension fund of the federation and rely only on the state. But those who are not satisfied with an annual income below inflation can transfer their savings to a management company or an NPF. The term for transferring the funded part of the pension is not limited by time frames, so the application can be submitted at any time. However, the investment agreement will enter into force only from January next year, and the money from the federal pension fund will be transferred to the new management company until March 31. If for some reason the insured person is dissatisfied with the result of cooperation with the management company, then after one year the funded part of the pension can be transferred to another management company.

Funded component of pension today

Loyal conditions for investing savings funds were valid in the Russian Federation only until 2013, after the state at the legislative level took advantage of the inaction of citizens who simply do not engage in their investments. But not everything is as categorical as it seems at first glance. For those who seriously want to deal with the issue of ensuring their own old age, this opportunity is provided in full. That is why the funded part of the pension was extended, more precisely, the period when people can independently choose the rate and the company for investment. Until 2015, any working citizen can apply for the retention of 6% of contributions to the savings fund. If such a document is not submitted, the state has the right to reduce this rate to 2% or even transfer it all into a percentage of the insurance part of the pension. As long as there is a chance to save and successfully invest your savings pension funds, you need to urgently contact the PF.

How to receive pension payments?

From the moment of entering a well-deserved rest, every citizen who participated in the funded pension program has the right to receive his money. This can be done in three ways, convenient for the pensioner. First, if the amount of savings is insignificant, you can issue lump sum payment which will be carried out within 90 days from the date of submission of the relevant application. Secondly, payments can be stretched for a certain period and systematically receive fixed amounts. Thirdly, if the insurance part of the old-age pension is small, you can divide the accumulated funds for the period of survival and receive them as a supplement.

But, as in every rule, there are exceptions in the law on the payment of funded pensions that allow urgent payments. However, they rely only on the category of insured persons who participated in the co-financing of the program and paid contributions on their own. So, for example, it can be women who sent part of the maternity capital to the PF. The term of such payments cannot be less than 10 years.

Inheritance of pension savings

Knowing what the funded and insurance parts of a pension are, it is not difficult to guess which of them is more likely to provide a decent old age. But this is not all the benefits of the cumulative component. It may be inherited by the successors of the insured person. To do this, it is enough to contact the Criminal Code or the pension fund and submit the appropriate package of documents.

The insurance part of the pension

Considering the essence, we can say with confidence that this component is part of the former pension system. After all, all the contributions paid by employers for this item of security are placed at the disposal of the state and distributed among current pensioners. Consequently, the insurance part of the old-age pension is only a concept that is conditionally funded.

Even before 2010, this component of pension provision was separated into a separate category, and only 8% of monthly employers' contributions were deducted to it. But then the percentage of the insurance part of the pension was supplemented by the base one, significantly increasing the insurance fund. This redirection of funds at the disposal of the state made it possible to ensure the payment of pension obligations to all current pensioners without using additional investments.

Basic terminology in pension calculation

Before considering which part of the pension is insurance and which part of the pension will be paid to a person after reaching retirement age, it is necessary to consider several other important concepts. So, the frequently used term "pension capital" should be understood as the amount of funds formed from the employee's monthly contributions for all years seniority. The second, but no less important concept that you need to know in order to calculate the size of the insurance part of the pension is “survival period”. The use of this term, at first glance, seems rather rude and disrespectful to pensioners, but without it it is simply impossible to calculate the monthly security. It denotes the estimated lifespan of citizens of respectable age and is equal for everyone, but this does not mean that after the specified time a person will stop receiving a pension. In the future, amounts are paid from the budgetary funds of the state in the same amount as before.

security?

To understand what part of the insurance pension will be paid to a citizen after he reaches retirement age, you need to know exactly the amount of pension capital and the statutory survival period. Moreover, the last indicator in 2002 was 12 years and increased by 12 months every year. Thus, in 2013 this indicator was 228 months.

The amount of monthly insurance coverage is calculated using one simple mathematical formula: SCHP = PC / SD + BCHP, where PC is the estimated pension capital formed from pensioner contributions for years of work experience; SD - the established period for the payment of pensions (survival period); BCP - a fixed part of the insurance pension, which was previously called the basic part.

In order to ensure that the amount of pension provision received corresponds to the level of inflation, the insurance part of the labor pension is indexed annually. This approach to preserving the income of citizens allows us to maintain the stability of the living conditions of pensioners.

The impact of the reform on the life of military pensioners

In all pension reform laws that have come into force since 2002, the rights of military pensioners to receive a well-deserved pension in full have been infringed. In other words, the categories of people who for many years repaid their debt to the state, and went on a well-deserved rest, relied only on the insurance part military pension. If, after leaving the armed forces, a person continued to work in any other industry and the employer paid contributions to the Pension Fund for him, these amounts simply remained in the federation's budget. Such injustice caused a lot of indignation not only among the military, but also among other categories of budget workers, so the problem had to be resolved quickly.

In the middle of 2008, the situation changed dramatically, as several amendments to the main laws on pension reform came into force. From that moment on, the insurance part of the pension for military pensioners began to be calculated based on the total capital. In other words, if a person finished his service in the armed forces and continued to work in civilian enterprises, all monthly contributions to the Pension Fund went to the formation of his settlement capital.

What to expect future retirees

Statistics show that pension reform recent years, perhaps slightly improved the financial well-being of the elderly, but did not achieve its goals. The number of pensioners is quite large, respectively, their insurance part of the pension remains at a minimum. What is it: a mistake of financiers or a detailed plan? It is extremely difficult to answer this question today, and it is pointless. It is too late to look for the reason for the failure, it is necessary to solve the problem that has arisen, and the Pension Fund has found a profitable way out of the situation for itself: to increase the size of the settlement capital at the expense of contributions from the working population.

Of course, the new pension reform is not about increasing interest rates, but only about redirecting funds from the Criminal Code to the power of the federation's budget. For those citizens who did not bother with information about what the funded and insurance part of the pension is, everything will become even easier. They will not need to think about investing funds, but rely only on the state, which will become the guarantor of their pension provision. Thus, the Pension Fund will have significantly more funds at its disposal to pay off its own obligations, but only time will tell how long such a system can exist.

The pension consists of 2 components - funded and insurance part. A citizen of the Russian Federation in 2018 has the right to dispose of one of them (cumulative).

There is a certain amount of risk, entrusting the management of your funds to a non-state fund, but also a chance to get a higher profit, with proper study (with accreditation).

Lifetime pension

Payments of the funded part of the pension are assigned taking into account the right to receive old-age insurance (subject to sufficient funds, more than 5% of the base from the PF).

With the provision of the entire package of documents, including the application of the applicant (legal representative), 10 days (working) are allotted for consideration of the application.

In case of a positive answer, a monthly payment to a citizen of the Russian Federation is assigned in addition to the basic (insurance) pension.

The grant has no time limits and is awarded for life, without paying savings to direct relatives after death.

Retirement on an urgent basis

A feature of this type of payment is the ability for successors to inherit the balance from the account of the insured person.

Submission of documents and terms of consideration are identical to payments for life.

A small deviation is related to the period of payments to the insured person, which he appoints independently, but not less than 10 years.

Persons who fit into this category:

1. The presence of maternity capital and the transfer of funds for the formation funded pension;
2. An insured citizen who transferred additional insurance premiums to the funded part of the pension. This is a state program of "co-financing" of pension savings and insurance premiums for the funded part of the labor pension, at the expense of the individual funds of the working population.

Pension provision at a time

There is an opportunity to receive all your pension savings in one payment from the personal personal account of the NPF.

But at the same time fall under the group of citizens who can use this rule as an exception.

Citizens whose funded part of the pension subsidy does not exceed 5%, in comparison with the old age (old age) insurance pension, can receive a lump sum payment.

The amount of the insurance basic part of the pension

Depending on the chosen way of accumulating a citizen's pension account, the size of the funded and insurance part of the pension, the calculation formula system, and the timing of transfers depend.

The amount of the monthly subsidy received from the state is a fixed amount, provided that there is no labor activity after the retirement age.

Annual indexation is carried out.

• . The presence of a white salary will only be an advantage when calculating the insurance part of the pension;
• Retirement age. When leaving for a well-deserved rest, the number of years employed will be taken into account. The direct increase in the bonus coefficient depends on the length of service;
• Unified scoring formula pension allowance. It applies to all segments of the population, without exception;

• Longevity of work experience. The longer the length of service lasts and insurance contributions are made, the higher the premium coefficient will be, as a supplement to the monthly fixed pension.

Important: The supplementary coefficient (IPC) is applied to the category of persons receiving a pension for the loss of a breadwinner, subject to reaching the age limit - old-age pension. Even if it is postponed or put ahead of schedule.

The amount of the funded part of the pension

There is some doubt whether to transfer the funded part of the pension to the insurance part, when there are so many cases with the closure of NPFs.

But, if pension contributions were issued for investing in a non-state pension fund, a citizen has the right to apply for the formation of a pension upon reaching a certain age.

Several types of deadlines for payments are provided by law:

• No repayment period. Monthly compensation for life, the amount is set from the expected dates. They, in turn, take into account the average life expectancy according to statistical data in the country;
• Urgently. The insured person has the right to determine the period of this part of the pension, but not more than 10 years.
• One-time satisfaction. This payment is subject to a number of conditions.

The main differences between insurance and funded pension contributions

For the majority of citizens of the Russian Federation there is no obvious difference between the two components of the pension component, the difference between the insurance and funded parts of the pension is as follows:

Basic pension part (insurance):

• this is the state guarantor of monthly payments, taking into account labor merits;
• does not depend on the funded component and the fund assigned to it (public or private);
• payment of insurance contributions to the funded part of the labor pension, to date, is accrued to existing pensioners.

Accumulative part:

• subject to storage, is accumulated on the personal account of the insured person. The data is not wasted on current payments;
• the amount of funds depends on the fund, how it is invested;
• the choice of the fund, the citizen makes at his own discretion;
• lack of guarantees and protection from risks by the state.

Citizens who want to try to have a higher pension know how to manage their capital - it is worth trying to get a high income in old age by investing the funded part of the pension in the NPF.

Calculation of two components of a pension for an individual entrepreneur

For individual entrepreneurs, the insurance and funded part of the pension are integral, because annual contributions to the PFR fund are made.

Fixed payment, but taking into account inflationary changes, every year according to the KBK barcode.

There can be several insurance premiums (for yourself, employees):

This pension provision for individual entrepreneurs is possible subject to several provisions:

• reaching the regulated retirement age (M - 60, F - 55);
• the presence of the IPC (the size of which in 2016 is 9 points, in the plans for 2025 the ratio to 30 b, the system is indexed annually);
• the same length of service of at least 7 years, like other citizens of the Russian Federation under the law.

Important: It should be noted that rely on big size IP pensions are not to be relied upon. In this case, it is worth considering additional contributions to the PF, private or public fund.

But this is only a preliminary conditional value, the final and fixed value will be set taking into account all changes, coefficients at that time.

Insurance or funded pension: where is the benefit?

Under existing legislation, every citizen has the right to choose where to send his funded part of the pension - to the state pension fund or to a private fund.

And many ask pressing questions: how does the division of pensions take place and what is more profitable?

All options are completely unknown for the future generation of pensioners, taking into account inflation and frequent amendments to the law.

The obvious advantage of capital accumulation planning is that it is really cash, the insurance side of this issue is calculated only in points.

Whether the funded part of the pension will be transferred to the insurance, in case of refusal - it remains for the state to decide what amount of payments to establish.

It is not known what will happen in the near future. The instability of the world market and the growth of the economic crisis are a little scary.

The calculation of the insurance and funded part of the pension can be done independently.

A double pension can ensure a prosperous old age, on the other hand, a stable increase, taking into account inflation from the state (insurance component).

The choice is only for the citizen himself, but it is worth understanding and understanding the essence of the provisions on pension savings.

After all, the absence of any action is also a decision - the law provides for 2 parts of the pension: funded and insurance, you should not hesitate to make a decision.

What is more profitable in the end? The formation of the insurance and funded parts of the labor pension, over the past time, is a very relevant topic for young citizens who have not figured out what to choose for themselves.

The difference between these estimates is the same - providing decent support for citizens at retirement age.

How will the division of pensions be carried out, what system will pay it in the future?

The solution to this problem is exclusively individual. Whether to trust far-sighted funds at good interest, or hope for the stability of the state as a whole.

All about insurance and funded pensions

According to the Federal Law "On Funded Pension" dated December 28, 2013 No. 424-FZ, by the end of 2015, all citizens Russian Federation They had to decide on the type of pension they want to receive. In the period 2014-2018. there is a single tariffed process - the employer pays 22% of the annual income to the Pension Fund of Russia for each of its employees. 16% of this amount goes to the formation of an insurance pension, and 6% - to the funded part.

In this article, we will consider in detail the distinctive features of funded and insurance pensions, their advantages and disadvantages, as well as the right to choose a pension option.

Differences between insurance and funded pensions

The formation and receipt of a funded pension is possible only for citizens of the Russian Federation younger than 1967. Persons older than the specified age can rely exclusively on the insurance part of pension payments. To form a funded pension, not only a percentage of wages, but also personal savings or maternity capital funds can be deducted to the pension fund.

The main difference between the funded form is that the future pensioner personally manages all deductions. Moreover, a citizen can calculate the amount of pension payments using several formulas. In the case of the insurance form, this cannot be done, since the percentage of the rated contribution is constantly changing.

Currently, in Russia there is a concept of solidarity between generations. This means that those insurance premiums that are charged by the employer to the employee's account do not go directly to the account of the insured. Funds are used to pay today's pensioners. In the case of the funded form, this does not happen, on the contrary, finances go into investments and deposits, thanks to which, in addition to the employer's deductions, a percentage of profit from deposits is also added to the total amount. It is up to the potential pensioner to decide which accumulative pension fund to entrust his material resources. It could be:

• Management Company;
• Russian Pension Fund;
• non-state PF.

As a rule, private pension funds and companies provide depositors with more income than a public FIU, but provide fewer guarantees, which increases the risk of financial loss.

It should also be borne in mind that it is possible to make a choice in favor of a funded pension only once, but it is quite possible to transfer material resources to an insurance form at any time.

Advantages and disadvantages

The insurance part has a significant advantage over the accumulative part - this is the safety and security of material resources, since all deposits are subject to state guarantees. According to FIU statistics, a large number of savings funds of non-state sample became bankrupt, and the deposits of citizens were nullified. However, this does not apply to those funded pension owners whose deposits were insured. The Deposit Insurance Agency assumed the obligation to pay them.

Let us consider in more detail all the minuses and pluses of two types of pensions: insurance and funded.

Among the disadvantages of an insurance pension are the following:

1. It is not profitable for private entrepreneurs and informal workers to form an insurance pension, because it is only a percentage of the official salary.
2. The employer is not interested in the growth of deductions, so he draws up most of his employees at the minimum rate, which significantly affects the percentage of insurance premiums.
3. Profitability is reduced due to the fact that finances are at the disposal of Vnesheconombank.
4. A citizen can dispose of funds in a pension account only after reaching retirement age.
5. The size of the state pension, taking into account low profitability, is less than the standard subsistence level in Russia.

The disadvantages of a funded pension include:

1. High commission for NPF services, which is charged on investment income.
2. Strict control over the timeliness of tariffed contributions.
3. High probability of loss of funds in case of bankruptcy of the company.
4. Additional payment of insurance reserves.
5. The possibility of losing deposits due to scammers.

As for the benefits of a funded pension, the main one is the ability of a person to manage his pension account at any time: invest, invest additional funds. Most non-state savings funds offer their clients a large income from deposits and guaranteed receipt of funds under a concluded agreement. Relatives of a deceased or missing pensioner can receive accruals for him, which guarantees the full payment of all funds. Also, the client has the right to freeze deposits for up to one year or reduce contributions. A notable advantage of the funded form is that such a pension almost completely covers wages.

Is there a choice?

According to the Federal Law "On Amendments to Certain Legislative Acts of the Russian Federation on the Formation of Pension Savings", a moratorium was introduced on the formation of funded pensions, i.e. 6% of the due interest from the total amount of contributions began to be sent to the formation of an insurance pension. According to the estimates of the Ministry of Finance of the Russian Federation, such measures made it possible to save the budget in 2016 about 344 billion rubles. Due to the reduction of the PFR transfer in 2017, this figure will reach 412 billion rubles.

At present, the state in Russia pays the following main types of pensions: labor and social. The labor pension in the Russian Federation is represented by two parts: insurance and funded.

Let's figure out how the two sides of the labor pension are not similar to each other. Let's talk about the features of the funded part of the pension: what it is, who is entitled to it, the conditions for assigning payments to pensioners from this accumulation, whether it is possible to get it in hand.

What is this concept

This is the monetary savings of a person in the state organization of the pension institution. Information about them is entered into the personal account of the insured citizen.

Accumulative and insurance parts are branches of the same tree. The main "nutrition" comes from a common source. These are the contributions of insurers to the Pension Fund of Russia (PFR), made for employees.

The mandatory payment is 22%. It is redistributed as follows: 6% of the tariff is sent for the formation of the funded part, and 16% for the insurance part.

At the request of the worker, 22% can be transferred to the compilation of the insurance share. It is impossible to transfer all interest deductions to increase funds.

Find out on the pages of our website which ones exist and how profitable it will be to keep your savings there.

But the proposals for deposits for pensioners in Sberbank and what special programs the bank offers for this category of citizens -.

How and when can you get it

Many are concerned about the question of whether it is possible to withdraw the funded part of the pension ahead of schedule?

If a person decides to abandon the funded component, then:

• investment of money by insurers does not stop;
• upon first demand, the entire amount is paid.

An increased part is issued from July 1, 2012 in accordance with the Federal Laws of November 30, 2011. No. 359, No. 360.

The deposits are returned in the form of a one-time, urgent payment and the funded part of the labor pension.

Issuance of all money to the manager at once.

To whom the funded part of the pension is paid:

• persons whose value of the additional component is 5% and smaller size the amount of the old-age pension, taking into account the additional payment and the amount of the funded component, fixed on the day the funded pension was awarded;
• citizens who, due to the length of service, the number of pension points, are deprived of old-age security, but receive other types of assistance or preferential benefits.

An urgent payment of the funded part of the pension (for at least 10 years) is provided to persons who have earned old-age benefits and have increased the funds in their personal account.

The funded pension is paid every month, for life. The expected period for issuing maintenance is 234 months.

To find out the amount of payment per month, the amount of funds calculated on the day the benefit payment begins is divided by 234 months.

A person disposes of the increased resource at will.

The expert will answer questions about what the funded part of a pension is, how to use the payment, when and to whom it can be done:

Every adult, young and older, should think about how to prepare for the life of a person who is on a well-deserved rest. The funded part of state support is a good option for this. If only he would act.

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