t is best to focus on when joining the program?
— From ten years. And you ne to take into use remarketing to boost your conversions account how old you are now. Let me remind you that in special life situations, you can get your accumulat funds without losing your investment income and while maintaining tax benefits. You can also leave the program early at your own request. But in this case, you can only take back the money you contribut personally. Funds receiv from the state, as well as the fund portion of the pension transferr to the program, are not subject to return. Also, if you have already receiv a tax duction, you will have to reimburse it.
— Where is the guarantee that at such a distance the program participants will get something back and not be “frozen” once again?
— If we talk about the safety of money in NPFs, the Bank of Russia has a very large number of mechanisms that ensure the operation and stability of funds. Every quarter, funds are requir to undergo a stress test according to scenarios expertise is your best friend establish by the Bank of Russia. Bas on their results, we see whether the pension fund has enough assets to fulfill its obligations. In addition to this, we have specializ depositories that ensure that NPFs do not make transactions that they are not suppos to make. This is another pair ao lists of eyes that watches them. I’m not even talking about auditors and actuaries.
