Russian families use 137 billion rubles in maternity capital in H1 2018
The Russian Pension Fund issued 328,300 maternity capital certificates and granted 382,000 requests for spending a total of 137.2 billion rubles in the first six months of 2018.
Duma adopts pension reform bill in first reading
The State Duma has adopted in the first reading the government bill raising the retirement age. The key objective of the bill is to accelerate the growth of pensions of non-working pensioners and retain insurance principles of the Russian pension system.
Russian Pension Fund’s Public Council considers main parameters of PFR budget of 2019–2021
The Public Council of the Russian Pension Fund held a meeting in Moscow on July 17. Parameters of the fund’s budget in 2019 and the planned period until 2021 topped the agenda.
New services become available in Pension Fund’s personal account section
Two new services have been launched in the personal account section of the Pension Fund’s website: they regard the assignment of professional pension benefits to former civil aviation and coal industry employees, and additional benefits for outstanding merits and achievements. It is now possible to apply for such Pension Fund benefits online, by using the personal account section on the PFR website.
Sergey Chirkov takes position of PFR Board Deputy Chairman
Sergey Chirkov, former head of the Pension Assignment and Payment Department, has taken the office of the PFR Board Deputy Chairman consistent with the order by the Russian Labor and Social Protection Ministry.
Natalia Petrova takes office of PFR Board First Deputy Chairperson
Natalia Petrova, formerly Deputy Chairperson of the PFR Board, has taken the office of the PFR Board First Deputy Chairperson consistent with the order by the Russian Labor and Social Protection Ministry.
Bill gradually raising retirement age drafted
On June 14, the Russian government approved a federal bill “On the Adjustment of Certain Russian Legislative Acts Pertaining to the Assignment and Payment of Pensions” prepared by the Russian Labor and Social Protection Ministry.
Russian Pension Fund publishes 2017 report
The Russian Pension Fund published a report on key areas and results of its activity in 2017. The document reflects key performance indicators of the Russian pension and social security system in 2017
Families issued e-maternity capital certificates
The Russian Pension Fund has implemented new faculties, which make the maternity capital program easier and more convenient for families.
Government doubles contributions of individual participants in pension co-financing program
Voluntary contributions of individuals participating in state pension co-financing program accounted for 5.3 billion rubles in 2017. In line with the legislation, in May 2018, the state co-financed these contributions for the total amount of 5.1 billion rubles. In addition to voluntary contributions of individuals and government funds, employers as third party to the program also contributed to the funding in 2017. They have transferred over 92 million rubles. Thus, in 2017 the total amount of contributions to the program accounted for 10.5 billion rubles.