All citizens of the Russian Federation who are covered by the compulsory pension insurance program can independently decide who to entrust the management of the funded part of the pension. To do this, they can leave these funds in the Russian Pension Fund or transfer them to a non-state pension fund.
Instructions
Step 1
The first thing to do is choose a non-state pension fund. As of 03.06.2011, 117 NPFs are registered in the Russian Federation. The number of NPFs has more than halved in recent years, and many have reorganized. Therefore, you should carefully approach the choice of a non-state pension fund, make inquiries in advance and choose the most reliable one.
Step 2
After a non-state pension fund has been chosen, it is necessary to contact it in order to conclude an agreement on compulsory pension insurance. To conclude a contract, you must have a passport and insurance certificate of state pension insurance (green card).
Step 3
When a compulsory pension insurance contract is concluded with a selected non-state pension fund, you need to write about the transfer from the PFR to the NPF. This must be done before December 31 of the current year. This application must be submitted to the territorial body of the Pension Fund of the Russian Federation or to an organization that has a cooperation agreement with the Pension Fund of the Russian Federation. In this application, it is prescribed to which non-state pension fund it is necessary to transfer the funds of pension savings.
Step 4
After the contract with a non-state pension fund is concluded and the funds are transferred into it, the selected NPF is obliged to inform the insured about the amount of pension savings and the results of investment of these funds annually by September 1.
Step 5
You can change non-state pension funds once a year. You can also return to the Pension Fund of the Russian Federation. To do this, it is necessary to resolve this issue by December 31, and the funds will be transferred to the selected fund by the end of March next year.
