The Bank of Russia reported that developed an alternative that will be equally effective from the point of view of volume of attracted funds, but less costly for the budget.
NEW YORK, 7 Oct. The Central Bank of the Russian Federation in the coming months will provide an alternative pension savings of the pension scheme, in which citizens would have the opportunity to increase the size of future pensions, said the first Deputy Chairman of the Central Bank Sergey Shvetsov.
“We are trying to formulate some kind of alternative that would be less costly for the budget, but no less effective from the point of view of volume of attracted funds of the population for the subsequent increase of the replacement ratio”, — he told reporters on the sidelines of the new York session of Moscow exchange forum.
“We are now working on a new scheme, we are not yet ready to announce, but I think in the coming months will. I think it is completely voluntary to be can not, will still be some variant of incentive,” — said Shvetsov.
The government of the Russian Federation for 2014 and 2015 has placed a moratorium on formation of accumulative part of pensions, 6 per cent from the salaries of the citizens that must act on the storage part, went into the control part. On Wednesday it was announced the decision to maintain the “freezing” of pension savings and for 2016, which will allow the budget to save some 342 billion rubles.