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Monday, October 24, 2016

The Russians will be allowed to withdraw pension savings in case of illness

Deputy Finance Minister Alexei Moiseev, speaking Friday at a Moscow financial forum, told about how the Russians will be able to dispose of their pension savings under the voluntary program, which the office develops together with the CBR and is preparing to introduce in 2018.

According to “Interfax”, the citizen will be allowed for 5 years before the date of retirement to remove 20% of such savings, and in the case of serious illness and in one piece.

Read the material: Siluanov announced the development of a new voluntary system of pension savings


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