Non-state pension funds (NPF) begin to pay citizens for more money. This year for the first time in the history of the cumulative component of the mandatory pension insurance (OPS) the amount of the payments may exceed 20 billion rubles. However, the real lifetime or fixed term pensions account for only 5% of the total payments, the remaining money is paid as a lump sum or successors of deceased citizens. The increase in payments, as well as a significant fee charged for the management of the NPF, will lead to stagnation of the total volume of pension savings until 2022, experts say.Payment private funds for OPS this year will exceed 20 billion rubles. this Is the forecast “b”, made on the basis of reports of the NPF, the data of the Central Bank, as well as analysis of the project Pensopathology. Last year such payments amounted to 18.7 billion rubles, which is 25% higher than a year earlier. In five years, according to statistics collected by the regulator, the payments to the clients of private foundations increased by almost 3.5 times, while their average annual growth (CAGR) was 27%. In the first half of the NPF has already paid to the insured persons and their beneficiaries about 9.5 billion rubles, according to rating of “b” reporting private foundations (the Khanty-Mansiysk NPF, Orenburg Foundation Trust, Federation and rostec do not publish detailed application to the interim financial statements).The payment of the NPF is divided into four components. Monthly life’s (contributory) pension is paid to citizens who have reached pension bases (base — 55 years for women and 60 for men), for which the insurer has accumulated sufficient funds to make the monthly payments exceeds 5% of all monthly pension benefits (defined contribution and defined benefit parts). If not, the client paid lump sum of all funds collected on the account. Term (the term selected by the client, but not less than ten years) the pension is paid to those citizens who within the system OPS to make voluntary contributions for programme co-financing and chose this kind of payments. Finally, if the citizen did not live to retirement reason and he has not started lifelong benefits, pension savings and the balance of outstanding fixed-term pensions of a deceased citizen shall be paid to the assignee.Massive payouts of pension savings will begin in 2022, when the retirement of the founding of the cumulative component of OPS will occur in women in 1967. However, now those have come from people 1953-1957 year of birth and younger, who in 2002 formed the funded component of the insurance contribution of 2% of salary (the”dogprozacci”; discontinued in 2005), as well as those who have pensions came early, for example if you have the necessary experience on specific types of works (“dorozhniki”).By submitting��ausee most private pension funds are paid a lump sum — last year, about 72% of payments in monetary terms, or RUB 13.4 billion paid out of pension savings. On disbursement beneficiaries last year had 23% of all payments NPF (RUB 4.3 billion). Lifetime pension payments make up only about 4%, and urgent — just over 1%.”Given the growth of payments, the actual suspension of the transitional campaigns, as well as the reduced return on investments due to the fall in the key rate of the Central Bank, we can predict that by 2022 — the time of the start of massive payment savings to pensioners, with a total contribution of NPF will be about 1% of their accumulated funds at OPS,”— said the head of the project Pensopathology Eugene Basbanes. In 2014, payments on OPS private funds amounted to about 0.5%, and by 2017, the ratio of NPF has been able to support due to the mass attraction of new customers from FIU. However, the slowdown and the significant increase in the share payment in 2019 almost reached 0.7%. “Based on the growth of financial markets this year, and assuming a stable situation in the following, we can assume that-due payments, and also because of the remuneration charged by the NPF, the amount of accumulated funds of pension savings will stagnate until 2022,” says the founder of the project “My pension” Sergei Kolesnov.Ilya Usov
