Абдулминова Л.Х., к.с.н. Ураев Р.Р.

ФГБОУ ВПО Башкирский государственный аграрный университет, Россия

Nonstate pension funds

 

Since 2002 in Russia the pension model based on insurance principles operates. It means that the size of pension directly depends on the size of the pension payments generated for all labour activity on your personal account.

Formation of labour pension occurs at the expense of the tax, paid workers the enterprise on which they work. 26 % from fund of payment arrive in the Pension fund of the Russian Federation. The means directed on provision of pensions, are distributed between two components of your labour pension: insurance (20 %) and memory (6 %). The means arriving on an insurance part, are spent for payment to today's pensioners. As of February, 1st, 2011 the general fixed base size of an insurance part of a labour old-age pension makes 2 963 roubles of 7 copecks a month.

Means of a memory part of pension do not go on pension payments to another. All money listed by the enterprise on formation of pension accumulation, arrives into the personal account in the Pension fund of Russia.

Means of a memory part of your future pension are considered by the Pension fund of the Russian Federation in a special part of the individual personal account. Under the decision of citizens, they are transferred to one of management companies or a nonstate pension fund for investment.

People have the right to solve, what financial institution will form and invest a memory part of your future pension.

Pension means are invested by the Pension fund of Russia through the state management company (ГУК). Accumulation take place in bank deposits, the state and mortgage securities profitableness on which is low and, as a rule, does not exceed a rate of inflation. Indicators of profitableness of investment of pension money at the state management company - Foreign trade and investment bank - 7,62 % following the results of 2010 at inflation of 8,8 %.

Nonstate pension fund - the noncommercial organisation of social security.

The nonstate pension fund, also as the Pension fund of Russia, accumulates means of pension accumulation, will organise their investment, the account, appointment and payment of a memory part of labour pension. Nonstate pension funds are created within the limits of pension reform carried out in Russia.

The nonstate pension fund has wider set of financial tools for investment of a memory part of pension (including bonds and actions of the largest Russian enterprises), and also possibility of cooperation at once with several management companies. НПФ show higher indicators of profitableness, thus their activity is strictly supervised by the state. And it means that in the Nonstate pension fund money will work more effectively.

Advantages of investment of a memory part in a nonstate pension fund:

1. Profitableness of pension accumulation above current inflation. Pension accumulation of the insured persons not only remain, but also are increased greatly.

2. The high investment income. Management efficiency pension accumulation in a nonstate pension fund above, than in the state.

3. Activity of nonstate pension funds is transparent. Safety of means is provided with state regulation and control. Relations between the client and a nonstate pension fund are fastened by the contract. Thus, conditions and responsibility are documentary fixed.

4. An individual approach to each client - consultations on any pension questions.

5. Convenience and simplicity of reception of the information on a condition of the pension account.

Activity of Nonstate pension funds is exposed to daily control from outside спецдепозитария and Federal Agency of the financial markets. Means of pension accumulation of the insured persons can't be lost. Even in case of liquidation of Nonstate pension funds pension accumulation in 3 monthly term are translated in the Pension fund of the Russian Federation.

Nonstate pension funds play a considerable role in social and economic life of the country. On the one hand, they urged to raise present level of provision of pensions of the population, and with another, are a considerable source of long-term investment resources, so necessary for the Russian economy.

Whether to the full they however can realize the potential, depends on how problems which Nonstate pension funds on a way of the development to Russia face will be soon and how much effectively solved.

 

Literature:

1.           http://www.pfrf.ru

2.           http://ru.wikipedia.org/wiki/Негосударственный_пенсионный_фонд

3.           http://npf.investfunds.ru/