The Social Fund of Russia has proactively informed citizens about the results of their contributory pension investments through private pension funds (PPFs). 1.2 million PPF clients have received such notices since the year began.
The information supplied by the Social Find enables clients to track the accumulated amounts, analyze that data and make an informed decision when choosing a fund to invest their savings. The Social Fund notifies clients of private funds starting from age 40 for women and age 45 for men. Records on how your savings accumulate can be found in your personal account on the Gosuslugi Portal.
In addition to the contributory pension newsletter, the Social Fund also informs Russians about their insurance pensions. All working citizens receive those notices, informing them about their accumulated work duration, the number of earned pension coefficients, and the pension amount based on these indicators. The notice also specifies the retirement conditions.
Automated pension notices allows for assessing the amount of accumulated payouts in a convenient format and verifying the data on one's personal account.