Transfers to Sberbank from the pension savings fund. Sberbank pension: how to apply for a funded pension in Sberbank
Citizens are offered to transfer the funded part of their pension to Sberbank in order to increase its size through investment. When choosing an NPF to transfer their savings, many prefer Sberbank because of the undeniable advantages that it has.
What is a funded pension
The cumulative part of compulsory old-age payments was formed by citizens who received official wages until 2014. Recall that the employer deducted contributions from it, which were distributed as follows:
- 16% - for the insured amount;
- 6% - for a cumulative basis.
After the transformations in 2014, the funded part of the pension is no longer formed. Today, all 22% of the salary goes to the formation of an insurance pension. The insurance part is recalculated into points and forms future obligatory payments.
The funded part could be disposed of at its own discretion, incl. directing it to a non-governmental organization. The latter take on the obligation to dispose of it in order to increase it.
Depending on the chosen project, after retirement, the pensioner was paid a certain amount every month for a certain period of time, or somewhat less for the rest of his life. There were also programs that allow you to collect all your savings once.
At present, the accumulated funds are no longer replenished and the citizen has two options for disposing of them: to leave in the Pension Fund or transfer to the NPF. To date, more than 8 million people have chosen the transfer of the funded part of their pension to Sberbank, which indicates the advantages of such a decision.
NPF Sberbank - conditions of 2019
After canceling the accrual of the funded part, the bank strongly recommended to its clients to transfer it to its NPF. As testimonials testify, users even encountered a veiled translation when they did not give such instructions to an employee, but signed some, as it seemed to them, standard form to renew the use of the card, etc.
Such actions of employees caused great dissatisfaction. Many, despite the advantages of Sberbank, because of such an appeal, do not want to have anything to do with it.
Benefits for retirees
Sending the funded part of the pension to Sberbank has the following advantages:
- NPF shareholder is PJSC Sberbank - state reliable bank, whose products are used by the majority of the population.
- The maximum reliability rating is AAA.
- Participates in the insurance system.
- According to experts' forecasts, in 10-15 years there will be only a few non-state pension organizations, one of which will certainly be Sberbank.
- The investment portfolio consists of reliable securities. Last year, income from investments in NPFs was 9.4%. You can view the profitability of previous years in your Personal Account.
Another advantage of applying is the opportunity, before making a decision, to look at the funded part of the pension in a bank branch - to find out how much has accumulated for the transfer.
To get all the advantages described, you need to study the conditions offered by Sberbank.
Individual pension plans
The bank has developed programs of non-state pension provision, in addition to the OPS. After a certain period of time, the client will receive a non-state pension from Sberbank, in addition to the usual state one.
Everyone has the right to choose one of General terms they are expressed as follows:
- Investments cannot be claimed by outsiders, and are not subject to division in case of divorce.
- Accumulations are inherited in case of an unforeseen situation.
- You can receive a non-state pension from 5 years.
An additional opportunity for clients is the right to return 13% of transferred money in NPF. The maximum is limited to 15.6 thousand rubles.
Depending on the program, some parameters may differ slightly:
- Universal: initial investment - from 1.5 thousand rubles, additional income it is allowed to transfer at any frequency - from 500 rubles, the period of payment of the pension after graduation - from 5 years.
- Guaranteed: a schedule of funds transfers is drawn up with clearly defined amounts and terms. The first contribution is also equal to the recurring income. Receiving payments - from 10 years.
- Complex: amount - from 1000 rubles, contributions - from 500 rubles, payment schedule - arbitrary. The savings are paid - from 5 years.
How to transfer the funded part or issue an API
When contacting Sberbank, the client transfers the monetary resources he has from the Pension Fund. When concluding a contract, the size of the future pension and the schedule of income are negotiated, the amount of contributions is assigned. Investments are invested in order to generate income.
Please note that the declared profitability of the Sberbank NPF when managing the funded part of the pension is 9.4% per annum.
Before transferring savings, you need to find out the amount of the funded part. You can view it yourself in the PF or on the website of the State Services. But it's easier to find out the amount directly at the department when filling out an application.
How to quickly get an extract from the PF
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To go through the registration, you need to visit a bank office or an NPF branch. You will need a passport and SNILS.
The procedure includes filing an application with the Pension Fund for the transfer of the funded part and concluding an agreement with Sberbank. The first one is allowed to be submitted at the office; an additional visit to the Pension Fund is not required.
You can sign an agreement for an individual retirement plan online. This is also an indisputable plus - the ability to go through the registration remotely. It is necessary to fill out a form on the website:
- Personal and passport data;
- Contacts;
- Parameters;
- Down payment.
After that, you need to look at the received SMS and write the code in the window that appears to confirm the data. Next, you need to read the terms of the contract and agree with them.
At the next stage, the primary value is converted. After that, they offer to connect auto payment so that the agreed sizes are received automatically according to a given schedule. This will allow timely fulfillment of the accepted conditions. After signing, a copy of the agreement is sent to the user by e-mail.
If a citizen has a confirmed electronic signature on the State Services website, he can arrange a translation according to a simplified scheme by clicking on the appropriate button.
How to get your savings
If you form your savings on your own according to the chosen plan, you need to know about the mandatory rules:
- If you apply for an early termination of the contract in the first two years after its conclusion, you can receive only 80% of the money deposited;
- After 2 years, all investments and 50% of the income accrued during this time are fully returned;
- Only after 5 years, you can get all your invested money and 100% of the profit from their investment.
The funded part of compulsory pension insurance is paid upon application. The basis is the attainment of age (55 and 60 years for women and men, respectively).
How to check the accumulated amount in the Personal Account
After the conclusion of the contract, citizens can track their income and, in general, control the profitability. Before you find out the amount of the funded part in Sberbank and its profitability, you should.
This happens with the indication of information about yourself, e-mail, composing a control word and assigning a password.
When entering the Cabinet menu, the user can view all concluded contracts with brief description basic conditions. Here you can see the balance, the dates the deposited money was credited, check the amount of return on investment, etc.
Conclusion
If you want to transfer the funded part of your pension to Sberbank in 2019, you need to contact the office of the fund or bank or go through the online procedure. There you can also find out in advance what amount is available without a personal appeal to the Pension Fund. Anyone natural person it is possible to form non-state support using the API.
Is a partner bank of the state pension fund.
On the basis of this, citizens who received a funded pension could transfer the funded part to it for its further increase.
Those who have signed a transfer agreement will find it useful to know when and under what conditions the accumulated funds can be issued to them. Below we will highlight this issue in detail so that the reader is not mistaken when performing this procedure.
The possibility of withdrawing the funded part of the pension in Sberbank
The activities of the NPF of Sberbank are regulated by the Federal Law No. 75 "On NPF".
In accordance with it, the fund undertakes to pay the funds of the funded part to citizens who have grounds for receiving it.
Despite the moratorium on the funded part introduced by the Government in 2014, citizens who have grounds for receiving it can receive money once or monthly.
If your funded part was transferred to Sberbank, you can receive it at once or in parts monthly.
Read about how to transfer the funded part of your pension to Sberbank.
Consider the cases when a person can receive a funded part in the NPF of Sberbank:
- if he has retired, and it does not matter, early or in accordance with the generally established procedure;
- if he receives state benefits, disability benefits, survivors' benefits or has the right to other state material support.
The size of the pension in Sberbank at the time of payment is calculated taking into account the investment income for the entire period of the agreement with this fund. can:
- in personal account on the official website of the bank's NPF;
- at the nearest bank branch;
- at the head office of the NPF.
To apply for information of interest, you need only two documents - a passport and SNILS.
You can get advice on receiving payments on the free hotline of the NPF.
Conditions and grounds
You can get the accumulated part in Sberbank in several ways: lump sum, monthly in equal installments throughout life and monthly for 10 years. Let us consider in more detail the conditions and grounds on which these types of payments can be obtained.
Lump sum payment
This type of payment involves the withdrawal of all accumulated funds from your personal account. Anyone wishing to receive the full amount must reach retirement age.
Also, money can be paid to those who became a pensioner early.
Who can expect to receive funds at once:
- disabled people;
- disabled citizens, whose breadwinner died;
- citizens who have not earned the minimum work experience.
Also, people can count on a one-time receipt of money, the amount of accumulative funds of which is at least 5% in relation to the size of the labor pension.
The receipt of all funds in one payment is also due to the relatives of the owner of the personal account, who died before the appointment of the insurance payment. This type of pension is inherited by law and by will.
If the account holder during his lifetime applied to Sberbank for the appointment of heirs at his expense, then after 6 months the persons indicated in the application will be able to receive the deceased's money.
If, after withdrawing money from your account, you continued cooperation with NPF Sberbank, accumulating funds in it, you can reapply for a lump sum payment after 5 years.
If such a will was not written, then the funds are paid in a lump sum to the heirs of the first order - the wife (husband), children or parents. To receive a one-time payment, the assignee must submit to the NPF Sberbank an application, passport, SNILS, death certificate and work book of the deceased.
You need to contact the bank no later than six months after the death of the owner of the pension. Successors will be able to receive money 6 months after the death of the testator.
Urgent
This type of payments can be accrued to persons receiving an old-age insurance pension.
It is assigned if there are the following types of savings on the account:
- return on investment;
- employer contributions (6%);
- money contributed under the co-financing program;
- maternity capital money;
- other contributions transferred by the citizen from the personal budget.
Urgent payment is made in the form of equal monthly charges and lasts at least 10 years.
Lifetime
The payment of the funded part is carried out for life to citizens who have retired or receive the insurance part ahead of schedule. It is appointed if its size is more than 5% in relation to the amount of the insurance pension.
Until 2016, this payment could be accrued throughout a person's life, but not more than 19 years. At the moment, the duration of payments is determined every year based on data on the average life of recipients of pensions.
Required documents for obtaining
Payment of funds is made on the basis of the following documents:
- the passport;
- insurance certificate;
- pensioner's certificate;
- bank account number to which the money will be credited;
- a document from the FIU on the availability of work experience;
- death certificate (if the recipient is the heir of the account holder).
Registration procedure
There are two ways to make a payment:
- go to a bank branch and provide an application, originals and copies of documents;
- send copies of documents by registered mail by mail or send them to the fund's email address (in this case, the papers must be certified by a notary).
If you meet the conditions for receiving a payment, you can contact Sberbank with documents and an application. The application template can be downloaded on the bank's website in your personal account or filled out at the branch of the institution.
The term for consideration of the application is 7-10 days.
If a it comes on a one-time charge of funds, then the period can reach one month.
As soon as the application is approved, the Sberbank fund will pay the funds.
Accruals (both one-time and monthly) can come at the request of the insured person in the following ways:
- Through the mail.
- Through the organization of delivery. The service is paid, but money will be brought directly to the recipient's address.
- To a bank account. This method involves withdrawing money at the bank's cash desk or from a card.
Everyone has the right to decide whether to deduct pensions to the state PFR or use the services of non-governmental organizations. You can find out detailed recommendations about the funded part of the pension, as well as which ones, on our website.
Despite the imposed moratorium on funded pension, funds of the funded part can be received at the NPF at any time subject to the conditions of appointment and the existence of grounds for this.
Since January 1, 2014, working citizens of the Russian Federation have the opportunity to increase their pension savingstransferring them to the Sberbank fund. What is the funded part and why transfer your hard-earned money to this particular bank - let's figure it out further.
All contributions that the employer pays for their employees is 22%... Of these, 16% always refer to the insurance part. Insurance contributions are important for the country's budget, since they form a pension for existing pensioners. Also, payments are distributed from the insurance part to other types of social contributions.
At the same time, the remaining 6% of citizens have the opportunity to distribute at their own discretion: leave in the Pension Fund (in this case, they will go to the insurance part) or transfer to a non-state one. Those who have not transferred their savings are considered "silent", persons who have not yet decided on their pension contributions... Their contributions are also not subject to indexation from Sberbank and are sent to the insurance part for the needs of the budget.
Why transfer your money there?
The main purpose of transferring 6% of savings to a non-state fund is indexation of contributions at the expense of a private company. Since the state cannot satisfy the financial needs of the population in terms of paying decent pension contributions the majority of citizens everyone should take care of their future pension.
Despite the fact that from 2014 to 2019 the country has a moratorium on the formation of the funded part of the pension, citizens who previously transferred their savings to a private fund will be able to track their indexation at the expense of NPF funds.
Those who transferred their savings during the moratorium will see zero in the “deductions” column, but this does not mean the cancellation of the contract or its temporary termination. As soon as the moratorium on the formation of the funded part of pensions is completed, their contributions will also begin to be formed and indexed by the non-state company Sberbank.
Pros and cons of this NPF
Before transferring the funded part of the pension, citizens are advised to familiarize themselves with the benefits of concluding an OPS (compulsory pension insurance) agreement:
- The contract is concluded free of charge... Customers are not required to pay fees. Investment savings are generated from employer contributions. If the client wants to influence the amount of the paid contributions, he can conclude a co-financing agreement, for example, draw up an individual pension plan at Sberbank.
- Invested contributions are inherited... The client can appoint an heir himself, otherwise his savings will be distributed among the heirs according to the law (first and second stages).
- Profit of NPF "Sberbank" outstrips inflation... This guarantees a stable position of the company and increases customer loyalty.
- To complete the contract, it is enough to take only 2 documents with you... The transfer can be made at any Sberbank office or a branch of an NPF.
REFERENCE: At the end of 2016, NPF Sberbank became a laureate of the People's Brand as the most popular brand in the pension insurance and security market.
Now for the cons. There are no financial risks for a client who decided to transfer his savings to a private company. However, there are several points that can be perceived negatively by customers:
- In fact, the process of transferring to the company takes place only from January 1 of the next year following the date of the application.
- If the stability of the fund is lost, the client is not guaranteed a refund of the contributions that the employer has transferred to the NPF.
- If a citizen has previously been a member of another non-governmental company, it is not recommended to transfer funds within 5 years from the date of transfer. Otherwise, all investments accrued by the previous fund will burn out.
All the pros and cons of transferring the funded part of the pension to Sberbank are disclosed in.
What conditions does the bank offer on pension deposits?
In 2016, the fund's profitability was 9.4%... The size of investments always outstrips the growth of inflation, which means the reliability of the company and guarantees payments to depositors upon reaching retirement age.
Sberbank offers its services for the transfer of the funded part of the pension in thousands of branches throughout the country. The service registration process takes no more than 15 minutes. In this case, the client does not have to provide information about the previous place of transfer of the pension.
All clients can control receipts and their indexation in the Personal Account (it is said about how you can control receipts and check the size of the funded part of the pension). To register, you just need to go to the Sberbank NPF website and fill out the details of the questionnaire (contact information, SNILS).
Read more about what conditions Sberbank offers on pension deposits and what percentage is provided.
How to conclude a GPT agreement?
The contract is drawn up at any branch of Sberbank. Since 2016, you can join the program in one visit.
Documents required to conclude an agreement: passport and SNILS... If the client changed his full name after connecting to the program, it is imperative to indicate the current data through the page in the Personal Account, or fill out an application at the bank office.
The data is automatically transmitted to the Pension Fund of the Russian Federation by the bank manager. The client confirms his transition using the code that comes in the SMS notification.
Read about how to transfer the funded part of your pension to Sberbank.
Receiving payment from the largest fund in the country
Thanks to a large network of branches clients can easily retire... To find out the amount that is due to receive, clients contact their Personal Account on the NPF website, or by calling Hotline non-state fund.
The bank does not know how much funds are due to be paid to the client's account. All data is transferred to the NPF after the client submits an application for receiving funds. To receive a payment, it is enough to have an account with Sberbank or another commercial bank.
To process the payment, the client contacts the Sberbank branch and writes a statement according to the established template. Application forms are presented in the Client's Personal Account. In the application, the client expresses his desire to receive payment, indicates the account number. You should have a passport and SNILS with you.
Amounts up to 200 thousand rubles are paid within a month. Payments over 400 thousand rubles can be credited to the client's account up to 120 days.
Transferring the funded part of the pension to Sberbank is a profitable way to increase future pension savings. Ease of transfer and control over the state of the account are significant advantages when choosing a non-governmental company. Sberbank has a stable investment income. The company was chosen by more than 8 million people in Russia.
The funded pension is an integral part of the old-age pension, which is due to all citizens who have official employment. Since indexation does not apply to the funded pension, this financial reserve is increased only due to its competent investment. In this regard, a citizen is faced with a natural question about which PF to choose in order to preserve and increase their contributions. NPF Sberbank holds a special place among the most popular organizations. Today we will talk about what are the main features of a funded pension and whether it is worth keeping it in Sberbank.
What is a funded pension
Before proceeding to a detailed examination of Sberbank, let us dwell in more detail on what constitutes a funded pension. This type of payment is available for all employees who have official employment. The funded pension is constantly increasing as the employer pays the insurance premiums, which represent a fraction of the employee's monthly salary equivalent to 22%.
In the standard scenario, this twenty-two percent moves to the Pension Fund, where it forms the basis for the employee's future pension. The FIU is the main insurer that most citizens deal with - the main one, but not the only one. There are also a number of non-state pension funds (NPFs) in which a person can keep their insurance pension. And if earlier 22% were divided between insurance and labor pensions, at the moment (in connection with the adopted moratorium) these shares have disappeared, and all interest paid by the management began to go exclusively to the insurance pension.
How the non-state pension fund functions and how it differs from the state Pension Fund can be found below.
Until 2015, the choice of pension provision was carried out by the employee himself - he could redistribute the indicated interest on insurance and funded pensions at the same time, or he could be engaged in increasing the insurance pension. If the state decides to lift the moratorium, then these restrictions will be lifted.
Each employee who works under an employment contract has a special "cell" to which savings are sent under the name "pension account of the insured person". You can find out about its condition by visiting the Pension Fund in person or using your personal account, which should be created on the official website of the Pension Fund.
Who can be provided with an IR
Several categories of citizens will be able to use the funded pension in the future:
- citizens born in the sixty-seventh year and earlier. For these employees, the funded pension was formed thanks to the insurance premiums paid by employers sent to pension funds during the period from 2002 to 2014;
- workers (born from 1953 to 1966) and female workers (born from 1957 to 1966), whose management carried out deductions from salaries from 2002 to 2004. The time limits are explained by changes in the law - already in 2005, contributions ceased to form the accumulative segment of the pension;
- citizens who took part in the program "State co-financing of pensions";
- holders of certificates for mother capital who transferred (partially or completely) his funds for the formation of a funded pension.
How can I get a funded pension
There is a whole system by which the employee, after the end of his employment, has the right to dispose of his savings. In total, there are three main ways in which a pensioner can cash out his due sums of money.
Table 1. Options for receiving a funded pension
Payment type | Receipt details |
---|---|
Lump sum payments | Those categories of workers whose funded part of the labor pension is equal to five percent (from total amount labor pension) |
Urgent pension payments | A pensioner is able to independently set the duration of these payments, however, the state also makes one main requirement - the size of the time interval must be at least ten years. Citizens who participated in pension co-financing programs, as well as holders of maternity capital certificates who have invested it in pension savings, have the right to such payments. |
Payments of the funded segment of the old-age labor pension | Appointed to those citizens who have met all the conditions for the appointment of a retirement pension (and payments are due to both people who retired in the usual way, and early-term workers). NP assumes life-long conditions for its receipt |
How you can see the amount of funded pension
Many citizens paying insurance premiums, would like to be able to control the size of their funded pension. According to the law, all people with appropriate insurance have every right to receive information about the current state of their personal account. In order to obtain this information, a citizen will need to use the SZI-6 form, the completed sample of which can be seen below.
The insured person can obtain such a form in several ways:
Is it advisable to issue a funded pension
The question of whether there is any sense in the accumulative segment of pension payments has remained debatable for many years. Ultimately, each insured person prefers to give his own answer - based on the individual financial situation and life circumstances. In the same chapter, we will try to briefly highlight the advantages and disadvantages of a pension formed from insurance contributions from salaries.
Benefits
Analyzing the benefits of a funded pension, let's go through the main ones:
disadvantages
Those disadvantages of funded pension, which we will talk about further, are difficult to attribute directly to disadvantages - rather, it is a set of features that can cause difficulties for people who have a distant idea of \u200b\u200bthe functioning of the pension. So, the following can be attributed to the disadvantages of controlling the funded part of the pension:
Generally speaking, employees of pension funds are advised to start collecting information about organizations that store NP as early as possible. As the funded pension grows gradually, the time factor is of great importance. The longer these sums of money will be in the organization with suitable conditions for you, the larger sums you can get in the end.
How to form a funded pension
Now that we have learned about what a funded pension is and what are the features of handling this financial reserve, let's move on to specifics. In order to gain control over the funded pension segment, it is necessary to take several steps.
Step 1. Choose the private pension fund that best suits your needs. There are special ratings of NPFs that help citizens make their choice. Among the most popular and reliable NPFs are GAZFOND, VTB NPF AO, Sberbank NPF AO, and so on. In addition to the degree of reliability, these ratings also indicate the total volume of savings, average annual profitability and market share. It should be noted that suspiciously high interest rates are rather an alarming criterion, therefore it is not recommended to focus solely on this criterion.
Step 2. Apply to the local PFR department, which will allow you to transfer funds to the selected NPF. Like other applications sent to the Pension Fund, this paper involves several delivery methods:
- personal visit to the department;
- personal visit to the MFC;
- sending a letter by Russian Post;
- sending an application in digital format through the FIU website.
In addition to the person who has insurance, both his legal representative and the employer can send this application (in this case, the employee will be required to submit the application to the management). In order for the application to be approved by the employees of the FIU, it must be supported by a passport and SNILS.
Step 3. Enter into an agreement with the selected NPF that stipulates compulsory pension insurance in all details. This agreement has one key feature - it comes into force only from the beginning of the next year, subject to the transfer of funds no later than March of the current year. The fact is that the NPF takes a certain amount of time to register another personal account and invest in NP.
As already mentioned, nothing will prevent the depositor from subsequently withdrawing his funds from the selected NPF and moving them to another organization on conditions more favorable for the insured person. To do this, you will need to re-send the application to the FIU and conclude an agreement with a new non-state foundation on new grounds.
NPF Sberbank
Despite the fact that you can periodically hear critical reviews in relation to Sberbank, at the moment this bank is one of the most widespread and stable organizations in Russia. Sberbank's non-state pension fund was established more than twenty years ago and in 2019 its client base numbers more than four million people.
Transfer of pension savings to Sberbank
In order to transfer savings to Sberbank, you should do all the actions that we talked about in the previous chapter. The investor will need to write a corresponding statement to the Pension Fund of the Russian Federation, conclude an agreement with the NPF (in one of the Sberbank offices) and present a passport and SNILS.
In order for the fund to be able to conclude an agreement for legal grounds, the citizen will need to provide a receipt confirming the fact that the application has been reviewed and approved by the FIU employees. Each such receipt has a special number that can be entered both on the Sberbank website (in your personal account) and reported by phone.
Reference. If you want to transfer from another NPF to the NPF of Sberbank, there is no need to terminate the agreement with the previous organization. All that is required from a citizen is a receipt from the FIU and required documents to conclude an agreement with Sberbank.
How to get information about retirement savings
Today, you can get information about the insurer and the state of your personal account in several alternative ways:
Sberbank characteristics
As already mentioned, over its long history of existence, Sberbank has received mixed reviews from its clients. Despite all possible complaints, we will outline two main advantages of Sberbank, which are more important for depositors:
- reliability. Since the sums of money in the accounts of Sberbank are insured, the state is responsible for their disappearance. Therefore, when investing pension savings in this organization you do not have to worry about their loss - even when the organization itself is closed, the money will be returned by the deposit insurance agency;
- stability. NPF Sberbank is a real pioneer among similar organizations in Russia. Having worked with clients for over twenty years, this fund has not declined and continues to grow, attracting new investors.
Of course, like any organization, Sberbank's NPF has its own obvious drawbacks. Among the features of work that may confuse the depositors of this organization, the following can be noted:
- late payments. Sberbank often delays payments of deductions to its depositors. According to various information, the delay can take different time intervals - from several weeks to several months;
- bureaucratization. When working with various documentation, Sberbank allows itself not to rush, entrusting the rechecking of papers to several authorities at once, due to which the solution of various issues is significantly slowed down. As a result, depositors themselves suffer, for a long time they do not receive the promised sums of money;
- orientation towards an aggressive policy to attract depositors. Several times Sberbank was caught spreading deliberately false information in order to persuade as many citizens as possible to become clients of this organization. One of these cases is associated with an attempt to reassure potential customers that pension accruals will be zeroed if they move to the distribution segment.
Video: Is it worth transferring a funded pension from the Pension Fund of the Russian Federation to NPF Sberbank
Conclusion
Ultimately, it is important for potential investors to remember that no matter what fund they choose, it is important to constantly monitor the changes taking place in the accounts. No matter how stable interest rate was not in words, in practice a variety of things can happen. It is also important to remember that potential delays in the payment of contributions are an unpleasant but common feature of Pension Funds. With due care, a citizen will be able to maintain his funded pension and increase it.
Until 2014, the employer himself transferred 22% of the pension contributions for employees. Of these, 6% went towards a funded pension, which people could dispose of on their own. The remaining 16% - to the insurance: this money was transferred to the pension fund of Russia and went to pay cash benefits to people who have reached retirement age. Now, future retirees must think about their pension savings themselves, since after 2014, all 22% are transferred to the FIU.
Citizens who plan to increase their future pension can transfer their previously accumulated money to a non-profit organization dealing with pension provision, for example, to Sberbank, or they can draw up a personal pension plan and make additional contributions on their own.
Before transferring the funded part of the pension to Sberbank, you need to study the proposals of this organization and the conditions for their provision.
Main condition to transfer pension savings from another NPF to Sberbank - depositor's age:
- women - born in 1957;
- men - born in 1953.
In addition, applicants must be of legal age and legal capacity.
Important: citizens older than the established age limit cannot send their money to any of the non-state pension funds. All funds will be fully transferred to the Russian pension fund.
SB previously offered three programs:
- Universal - floating schedule and unregulated contributions.
- Guaranteed - an individual plan is drawn up based on how much you want to receive in retirement.
- Complex - in one visit to the office, you can immediately transfer the funded pension to the Security Council and create an individual pension plan.
At the moment (January 2020), only the first is valid. An initial fee must be at least 1.5 thousand rubles, and each subsequent one must be at least 500 rubles. To contribute cash you can irregularly in any convenient way:
- from the card, through the personal page of the SB pension fund or the corresponding application installed on the mobile;
- using the Sberbank Online service;
- to the bank branch.
The savings period is from five years. If the money is needed earlier, it is possible early return funds in 2 years, but you will lose 50% of the investment income.
Important: if you conclude an agreement before December 31, 2018, payments will be made upon reaching the "old" retirement age: for men - from 60 years old, for women - from 55 years old.
Translation instructions
Transferring pension savings to Sberbank is not as difficult as it might seem. The registration will take a maximum of half an hour. All you need to do is fill out and submit an application (a sample application can be downloaded - choose the option depending on your situation). This can be done:
- in the FIU;
- on the website of public services online;
- on the official page of the NPF Sberbank ( https://npfsberbanka.ru);
- at the MFC.
Important: to complete an application through the website of state services of the Russian Federation, you will need an electronic signature of the applicant.
Another option for transferring the funded part of the pension from NPF to Sberbank is to send an application to the Pension Fund by mail, however, the document must be previously certified by a notary.
Required documents
The funded pension is transferred using only two documents: a passport and insurance certificate compulsory pension insurance (SNILS).
Important: the information in the documents must be identical. If the data are even slightly different, for example, in one document the surname will be written with "e", and in another - with "e", problems may arise with the design.
Registration procedure
The whole procedure takes place in three stages:
- filling out an application form and providing documents in the original;
conclusion of an agreement with NPF;
waiting for the decision of the Pension Fund and the transfer of pension savings.
Important: early transfers take place immediately after registration, urgent transfers - after the expiration of the contract with the previous company.
If you write an application and submit all documents before December 31, then the savings will go to the NPF in March next year.
About NPF Sberbank of Russia
Before transferring a funded pension to a Sberbank NPF, you need to understand what kind of organization it is, how it works and what investment income should be expected.
The Sberbank Pension Fund is a subsidiary of the SB of Russia. All its shares belong to Sberbank, but the bank itself is not responsible for the company's obligations. The fund was founded in 1995, but it received a license giving the right to operate with pension savings only in 2009.
NPF Sberbank provides clients with the following services:
- formation and investment of savings;
- payment of accumulated funds;
- implementation of additional charges in accordance with pension programs;
- drawing up individual plan on the regularity of contributions to increase the size of the future pension.
To understand whether it is worth transferring the "second" pension to Sberbank, you can familiarize yourself with the statistics of investment income on funded pension accounts. So, in 2017 it was:
- for OPS (the money that was accumulated before 2014) - 8.43%;
- for non-state pension provision - 8.16%, which is 3 times higher than inflation.
Pros and cons of translation
The decision to transfer the funded part of the pension to Sberbank should be deliberate and balanced, and therefore, before drawing up an agreement, you need to figure out what the pros and cons of this organization.
Positive sides:
- investors always have access to information about investments;
- you can track the status of your savings online: in your personal account or through a mobile application;
- fast registration;
- reliability of the fund - all money is insured, and therefore, in the event of the closure of the organization, the insurance company will pay the money to the pensioners;
- you can choose the method of receiving funds yourself;
- free service;
- savings are protected from third parties - in the event of a divorce, the money cannot be divided;
- if the depositor did not live up to retirement, his savings will go to the heirs, and not to the state;
- the ability to withdraw money ahead of time.
Comparison of NPFs.
Negative sides:
- income is unstable;
- many depositors report delays in payments.
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