Cumulative part of the pension: receipt in 2021

About 20 years ago, pension savings were divided into savings and insurance parts. Previously, deductions that were withheld from salaries were used to pay old-age benefits. But with the advent of funded pensions, everything changed. Now additional funds are accumulated in individual accounts of investors. They can lie in both state and non-state PF. The amount of contributions from which the funded part of the pension is formed is 6% of each salary.

At the moment, funded pensions are not being replenished. This is due to the moratorium that was introduced in 2014. However, it is due to be suspended in 2021.

2 Who is entitled to receive funds from the funded part of the pension?
3 Receiving pension savings by inheritance
4 Where should I go?
5 Where to go to receive a pension
5.1 Required package of documents
5.2 How long to wait

6 Amount of savings: how to find out online?

7 Is it possible to increase pension savings?

Payment methods

In the laws of the Russian Federation you can find several types of payments of pension savings:

one-time payments. The depositor receives the entire amount at once, i.e. in a single payment;

urgent payments. Carried out monthly for a specific time (period of at least ten years);

funded pensions. Funds are transferred monthly throughout the life of the pensioner;
payment to heirs. A pension can be bequeathed. The heirs have the right to withdraw it from the account if the investor dies.

Pension savings are funds that are transferred to the Pension Fund during the course of a citizen’s working activity. He can do this independently or delegate the task to an employer.

Note! You can receive pension savings at your disposal only after finishing your working career.

Receipt options

Art. 2 of Federal Law No. 360-FZ of November 30, 2011 provides for 4 types of payments of savings available on the account:

funded pension (transferred every month in small amounts);
urgent payment (made for a specific period, its duration must be 10 years or more);
lump sum payment (all money is given one time);
payment in favor of legal successors.

The first one is perpetual, i.e. it is set for the entire lifetime, the latter have temporary restrictions.

Link to document: “On the procedure for financing payments from pension savings”

Who is entitled to receive funds from the funded part of the pension?

In 2021, older investors began to become more actively interested in receiving a funded pension. This is probably due to the difficult economic situation. To receive a funded pension you need to meet only two requirements:

have funds in a savings account at the Pension Fund or Non-State Pension Fund;
reach retirement age.

Note! The law on raising the retirement age had no impact on the funded part of the old-age benefit. Therefore, men can receive payments at 60 years old, and women at 55 years old.

To receive a payment, only two conditions are required. But that is not all. It is also important to choose the method of receiving payments: a lump sum, for a certain period or until the end of your life. It all depends on the conditions. Lifetime or term payments can be received by a person who:

has the required work experience - from 11 years for 2021;
receives payments amounting to less than 5% of the amount of the age insurance pension (in this case, the funds should have been transferred to the account in the period from 2002 to 2004).

If the investor does not meet at least one of these requirements, the payment will be made in a lump sum. That is, the person will receive the entire amount at once.

Attention! Starting from 2021, the terms for payment of the funded part of the pension have changed.
Now you can withdraw money only once every 5 years. Years earlier, payments were made annually.

Registration procedure

How to receive the funded part of the pension, and how much can a pensioner expect? The rules and conditions for the appointment of an NP are set out in Federal Law No. 360-FZ. To do this, you need to submit an application to the territorial department of the Pension Fund or MFC. Confirmation of rights to a NP takes into account the following nuances:

registration of the NP occurs simultaneously with the appointment of labor or pension insurance payments;
there is no need to confirm the status of your personal account; Pension Fund employees will receive the specified data independently;
the size of the monthly payment under the NP depends on the amount of accumulated funds, as well as the period of expected payment - this indicator is approved at the legislative level and in 2021 is 246 months;
a citizen can choose the option of assigning an urgent payment - in this case, the total period of 246 months is reduced to 10 years, after which the payment stops.

Based on these rules, if at the time of application the personal account does not contain savings, the appointment of an NP will be denied. This does not deprive the right to receive social support measures according to the general rules.

To process payments, a standard set of documents is submitted confirming the right to pension measures:

citizen’s application - it can be submitted 3 months before the retirement age, but payment is assigned only from the moment the right arises;
general passport;
work book and other documents confirming the length of service - for periods starting from 1998, the length of service will be confirmed by information from the personal account, and if the employer did not submit information or did not transfer contributions, judicial confirmation of rights will be required;
SNILS - this document confirms the existence of a personal account and serves as an identifier of a citizen’s personal data.

Certificates of income received during periods of employment have no legal significance for the appointment of an NP. They will be necessary only to confirm rights to compulsory types of pensions.

Payment of the funded part of the pension to pensioners can occur monthly or in the form of a lump sum payment. For the monthly assignment of funds from the budget, the following rules apply:

the total amount of savings generated at the time of the citizen’s application is divided into 246 months, or 120 months (for urgent payments);
you can increase the amount of payments if you contact the Pension Fund several years or months after the right to a pension arises - in this case, the total period of payments will be reduced by the corresponding number of months;
after the Pension Fund department has made a decision to establish an NP, the payment procedure cannot be changed;
If, after the appointment of an NP, the personal account is replenished (for example, through personal contributions), the amount of the pension payment will be revised annually - there is no need to submit an application for this; Pension Fund employees are required to independently adjust the amount of payments.

How to choose the right option for prescribing an NP? To do this, each citizen can independently calculate the amount of future payments even before submitting an application. The PFR website has an online payment calculator, and information from a personal account can be requested through the pension department, Sberbank or the government services portal. The total amount of savings must be divided into 246 or 120 months - the resulting amount of payments can be compared to make the right choice. If the amount of savings in the personal account is small, the difference in the amount of payments will be insignificant.

A citizen will receive an assigned NP monthly for 246 or 120 months. After the expiration of this period, the payment will be stopped, but the right to receive a labor and insurance pension is not lost.

If savings were transferred for investment to a non-state pension fund or a management company, you must contact these organizations to appoint an NP. The conditions for processing payments will comply with standard rules, and you can find out about the status of the account directly through the NPF or the Pension Fund department.

Investment income generated by placing citizens' savings is recorded annually in the personal account. You can find out about the state of your savings, as well as the amount of your income, free of charge. The rules for transferring funds from the Pension Fund to the Non-State Pension Fund and vice versa are currently significantly limited. A gratuitous transfer is allowed no more than once every 5 years, and in other cases a percentage will be withheld from the amount of savings.

Where should I go?

To receive material funds from the testator’s pension account, the heirs should contact the Pension Fund and Non-State Pension Fund. Depending on where the deceased relative’s money was kept. When applying to a pension fund, you are required to submit a package of documents. You will need to take with you:

death certificate of the depositor (a copy can be obtained from the registry office at the place of residence of the deceased);
a document that confirms the existence of a family relationship between the investor and the heir.

The time to apply to the pension fund is limited to six months. As in all other situations, it is important to enter into an inheritance within six months. Otherwise you will have to go to court.

List of required documents

To receive a one-time benefit from an NPE, you need to provide several documents to the Pension Fund office at your place of residence :

application (the form can be obtained and filled out directly from the Pension Fund of Russia, there are also samples there);
a document confirming the identity of the author of the application (preferably a passport, but others are also considered);
certificate of pension insurance;
the bank account where this payment should be transferred - it is not issued in cash;
a certificate confirming that the applicant has received any type of pension provided for by Federal Law No. 400 “On Insurance Pension”.

This package of documents is comprehensive. If a Pension Fund employee returns the documents, thereby refusing to consider the application, it means that there is something wrong with the papers.

This could be a statement that is difficult to read or some discrepancies in the information.

Attention! A certificate of pension can be obtained there, from the Pension Fund. The certificate must contain information about the period of receipt of the pension and its amount. Without this data, the application will be rejected.

Where to apply to receive a pension

To receive a pension, you must submit a request to the pension fund. You must contact the organization where the savings were formed. There are several ways to submit a request.

Personally. To do this, you should collect a package of documents and contact the Pension Fund or Non-State Pension Fund. There is no need to look for a branch near your place of residence. Anyone can submit a request.
Through MFC. Multifunctional centers are located throughout the city. It is better to make an appointment with a specialist in advance. This will save time and avoid standing in line.
Through the Pension Fund website. An option for those who keep money in a state fund. To do this you need:

register on the PFR website (pfrf.ru);
register with the ESIA (click the “Register with the ESIA” button);
go to the “Electronic Services” section;
log into the “Citizen’s Personal Account”;
click on the section “Pensions and social benefits”;
Click on the “Submit an application for...” button (select your preferred payment option).

Through the portal "State Services". This option is also suitable for Pension Fund depositors. To apply you need:

go to the State Services portal (gosuslugi.ru);
select the “Services” section;
go to the “Authorities” tab;
click on the “PFR” button;
select from the list.

By mail. To do this, you need to send a request to the pension fund, which was involved in the formation of the funded part of the pension.

Note! You can entrust the receipt of funds to an official representative. This could be a guardian or an employer. Also, a representative with a power of attorney has the right to contact the pension fund in person.

Required package of documents

The application is completed using a special form. It can be found on the Internet. The following documents are attached to the application:

depositor's passport;
SNILS;
a receipt that confirms the accrual of the pension.

If the need arises, pension fund employees may request additional documents.

How long should I wait

The period for consideration of an application for a lump sum payment is up to 30 days from the date of submission of documents, for a fixed-term and funded pension - up to 10 days. The decision with approval or refusal is sent to the investor by mail. Therefore, you must indicate your actual residential address in your application.

The timing of payment also depends on the method of receipt:

when assigning a funded pension, for the first time the investor will receive payment before the 15th of the next month. That is, if a positive decision was made on September 10, 2021, the money will be credited to the account before October 15, 2021;
when a lump sum payment is assigned, the funds will be received by the investor within 30 days after approval of the application.

Requirements for the recipient of a lump sum payment and the procedure for its provision

In addition to meeting the above parameters, an applicant for receiving pension savings in one amount must provide the following documents at the place of application:

general passport or other identification document;
handwritten statement;
pensioner's ID;
SNILS;
detailed account details to which funds will be transferred from the funded part of the pension.

This list of papers is basic; Pension Fund employees may request additional papers, in particular certificates indicating work experience.
As for the deadlines for applying to the Pension Fund for a lump sum payment of a funded pension, these are not specified by law. A decision on the submitted application is made by fund employees within ten days. The transfer of funds using the specified details will be completed within 2 months from the date of approval of the application.

There will be a minimum of reasons for refusal to issue accumulated funds on the part of fund employees if the applicant fills out all the required documents correctly and provides the entire package according to the list. Money from a lump sum payment of a funded pension can be received in one of several ways:

to a card or universal bank account;
at your residence address, through the post office cash desk;
by courier to your residential address.

If you receive a refusal, regardless of legality, you should appeal the decision of the pension fund employees through the court. If the illegality of the actions of the responsible person is proven, the application for a one-time payment of the entire amount of the funded pension will be considered by the pension fund out of turn.

Savings amount: how to find out online?

Today, most services are provided via the Internet. With its help you can find out the size of your pension savings. To do this, you can use the State Services portal. To receive an extract from your savings pension account, you must prepare your passport and SNILS.

Log in to your personal account on the State Services portal.
Go to the "Services" section.
Go to the “Authorities” tab.
Select "PFR".
Click on the “Pension Savings” section.

All information about the savings account will be provided within a couple of minutes. The extract will be available in your personal account. If necessary, it can be printed on a printer.

Note! This method is suitable only for investors who keep their cash savings in the Pension Fund. If your pension is formed in a non-state pension fund, you must contact your organization directly.

Is it possible to increase pension savings?

If you want to increase your savings, the only option is to transfer funds to a non-state pension fund. Today, there are a large number of funds that allow you to draw up personal pension plans. The increase in savings occurs due to investments that the fund makes for you.

Insured persons have the right, along with the old-age pension, to receive the funded part of the pension. Citizens may face a number of difficulties when making payments. To avoid this and receive the payment required by law, you need to know under what conditions it is issued, how to correctly fill out the application and what documents to attach to it.

The funded part of the pension - the essence and concept
Payment terms
Who can receive the savings portion
How is the funded part of a pension calculated?
The legislative framework
Receiving the funded part of a pension for working pensioners
Cumulative part of a deceased relative's pension: how to get it
Early withdrawal of funded pension
Nuances in NPF
Filling out an application for payment
List of documents
Sample documents

The funded part of the pension - the essence and concept

This type of pension is formed together with the old-age insurance pension and is paid monthly. The purpose of the funded part, according to the law, is to compensate a person for wages and other payments in connection with the onset of disability due to old age. The payment is made throughout the entire life of the citizen.

In addition, the pension fund offers the citizen a choice:

receive the funded part along with the insurance pension;
transfer it to your bank account monthly;
receive the entire payment at once.

The state gave future retirees a choice. All established 22% of contributions sent by the employer can only go towards the insurance pension. If a person has chosen a double deduction system, then 6% goes towards savings, and the remaining amount goes into insurance savings.

Attention! The main difference from a pension is that the heirs of the pensioner, after his death, have the right to receive the funded part of the testator's pension.

Types of pensions

According to the law, the pension contribution is 22% of the employee’s monthly earnings, of which 16% goes to the insurance part, and 6% to the funded part. These funds are not included in the employee's earnings. They are covered by the employer's funds. When working in an organization engaged in hazardous production, employees are entitled to additional cash payments towards their pension. If you have the status of an individual entrepreneur, a person will have to take care of such deductions on his own.

The funded part of the pension is transferred to the person upon the occurrence of specified circumstances. The main reason for applying is reaching age. However, you can receive this money early due to disability or another special situation.

The person himself is responsible for the decision on the formation of savings. He has the right to issue a refusal by depositing money only into the security deposit account, or to apply for the creation of a separate account with the choice of its location. People registered in the social pension insurance system after 2002 have the right to choose.

Payment terms

Who can receive the savings portion

The funded part is paid only to citizens with work experience. Unemployed citizens counting on a social pension are not assigned a funded portion. It is assigned to citizens:

1. Born in 1967 and later.

Expert opinion

Mikhailov Vladislav Ivanovich

Lawyer with 6 years of experience. Specializes in family law. Knows everything about the law.

The main condition is the choice of such a system of pension contributions: only an insurance pension or an insurance + funded one. They must make this choice within five years from the date when the first pension contribution begins.

2. Born in 1966 or earlier.

The employer of this category of citizens contributes funds only to the insurance pension. The formation of the funded part is carried out only through voluntary contributions to the Pension Fund by the individuals themselves. The second option for them is the deduction of maternity capital funds in favor of the NPE.

3. Heirs of the above persons. This issue will be discussed in more detail below.

How is the funded part of a pension calculated?

The calculation is made using the formula:

By law, the period during which the pension accumulates cannot be less than 168 months.

Size adjustments are made every year on August 1st. It is calculated using the formula:

The legislative framework

The main regulatory act in this matter is Federal Law No. 424 “On funded pensions”. He explains what the NPP is, who can receive it and in what order. This legislation, in turn, is guided by the following regulations:

Federal Law No. 167 “On compulsory pension insurance in the Russian Federation.” This act regulates the parties to pension-insurance relations, their rights and obligations, and also clarifies the financial issues of the pension budget.
Federal Law No. 75 “On non-state pension funds”. This law talks about what a non-state pension fund is, its features and its relationship with the Russian Pension Fund. The funded pension itself in non-state funds is described in more detail below.
Federal Law No. 360 “On the procedure for financing payments from pension savings” considers the types and methods of payments from state and non-state pension funds, their adjustment and control over them.
You can also consider other acts related to Federal Law No. 424, listed in Art. 2.

The insurance pension itself, its fixation, conditions for assignment, calculation and indexation are discussed in Federal Law No. 400 “On Insurance Pensions”. Particular attention should be paid to articles that talk about the preferential category of citizens. The retirement age for them is calculated based on their length of service, and the funded pension will be accrued in the same period.

Receiving the funded part of a pension for working pensioners

Until recently this was possible. Previously, NPP could be received in the form of a lump sum payment, regardless of whether the citizen retired or continued to work.

Due to ongoing pension reforms, the opportunity for a working pensioner to receive a payment was “frozen” until 2021. It is important to monitor pension changes; there is a possibility that this restriction will be lifted a little earlier.

However, this rule has its exceptions. Payment of NPP will continue for this category of persons:

the pension amount does not reach the minimum established by the state;
the citizen is disabled;
a citizen receives a survivor's pension.

Cumulative part of a deceased relative's pension: how to get it

NPP is paid by a relative if the deceased citizen did not manage to receive it during his lifetime. In accordance with Art.

1183 of the Civil Code of the Russian Federation, the payment is made in favor of members of his family living together with the testator and his disabled dependents (regardless of joint or separate residence). In the absence of such persons or their refusal of this payment, it can be taken by other heirs on the general basis of inheritance.

Note! Most sources indicate that the application must be submitted by relatives within 6 months after the opening of the inheritance. This is not true! The Civil Code of the Russian Federation, being the main regulatory act on inheritance issues, specified the deadline for relatives to submit an application to receive payments from the deceased within 4 months after the opening of the inheritance.

General term as above, only for heirs who are not relatives or dependents of the deceased

The following documents must be prepared for the application (samples are presented at the end of the article):

a copy of the applicant’s identity document;
death certificate of the testator;
his insurance certificate;
documents confirming family relations with the deceased (marriage, birth, etc.).

Such an application must be submitted to the Pension Fund or Non-State Pension Fund, depending on which organization the deceased contributed pension payments to.

Early withdrawal of funded pension

In general, you cannot receive a pension before a certain age. However, this rule does not apply to certain categories of workers and citizens who are entitled to early retirement pensions by law:

employees of the educational system;
medical workers;
employees of the penal system, civil aviation, Ministry of Emergency Situations;
creative figures;
performing work in difficult working conditions;
residents of the Far North;
etc. (see Articles 30 and 32 of the Federal Law “On Insurance Pensions”).

These persons receive the funded portion from the moment the early pension is paid.

Tips and warnings:

They have up to 5 working days for this. If something is wrong, they will report it using the phone number left by the applicant. But you shouldn’t relax after accepting the application, because within 5 days they can call from the Pension Fund and report any shortcomings.
When submitting documents, you must always have originals and notarized copies with you. Copies without certification are considered invalid, and it makes no sense to leave the original documents with the Pension Fund for 2-3 months.
You can receive a payment from the NPP instead of a deceased relative only if he died before reaching retirement age.
Note! Most NPP participants were born no earlier than 1967 (except in special cases), so they technically cannot be over 50 years old. Therefore, this rule is not yet widespread.

Nuances in NPF

Unfortunately, it often happens in practice that a citizen does not know where exactly the employer contributes funds for the formation of a pension. And only immediately before retirement it turns out that the payments were made to a non-state fund. There are several ways to find out exactly where the deductions are:

at the local Pension Fund branch;
through the government services website;
through MFC.

Not everyone is inclined to trust non-governmental organizations. In NPF, in fact, there are not as many disadvantages as it seems at first glance.

The main “fear” of payers is the deprivation of a license from a non-state fund.

The accumulated part of the pension will not be lost. In case of cancellation of the fund, all savings are retained by the Central Bank of the Russian Federation. Within three months after the non-state Pension Fund is deprived of its license, the bank automatically redirects the accumulated amount to the Pension Fund. The direction is carried out according to the following payments:

insurance payments excluding investment income;
co-financing calculations;
funds received as a result of maternity capital.

The person is given a choice. He can leave the funds in the Pension Fund or transfer them to another non-state fund.

In terms of its functioning, the fund does not differ much from the Pension Fund. The latter undoubtedly has a wider range of powers. An application for payment is drawn up according to general rules, with the difference that the application is made to a specific fund.

What if I am not a pensioner?

If you are not a pensioner, it is impossible to receive a one-time payment from the NPP. Even for people with disabilities, the minimum age is 55 and 60 years (for women and men, respectively). If a person is legally capable and does not have the required work experience, then he will be able to receive a payment only when he reaches the general retirement age (60 and 65 years).

Is it possible to receive it immediately upon retirement?

People who have reached the appropriate age can receive benefits at the time of retirement. For people with experience and people with disabilities, these are 55 and 60 years old, for others – 60 and 65. If a person retires from service before reaching this age, then to interact with his NPE, he must wait until he turns 55 (women) or 60 (men).

Filling out an application for payment

To do this, you need to contact the Pension Fund where the deductions were made, the MFC, or submit an application through the government services website.

Important! Before writing an application, contact the fund to clarify the full list of documents. Below is a basic list of documents, but fund specialists will tell you in more detail what additional information will need to be provided.

The application must be drawn up correctly, without crossing out or erasing. As a rule, it indicates:

personal and passport data;
insurance information;
Contact Information;
information about assigned pension payments;
Bank details;
date of application and signature of the citizen or person who is his legal representative.

Sample applications for pension funds are presented below.

List of documents

application for payment, which can also be provided to the Pension Fund;
a copy of an identity document;
insurance certificate (not only a copy, but also an original may be required);
documents confirming work experience (contract, work book, etc.);
bank details and personal account (if you choose to deduct NPP monthly to a bank account);
pensioner's ID;
a certificate from the Pension Fund confirming receipt of an insurance pension.

Note! If your personal data has been changed, you must submit documents confirming this fact to the fund (certificate of marriage/divorce - if changing your last name, etc.).

In some cases, registration on the state website may be required. services, but this item is not mandatory.

Under what conditions can you receive a funded pension? What is the difference between one-time, fixed-term and lifetime payments? Where to apply for a funded pension and what documents to provide? This is discussed in the article.

How and when can I get it?

You can start receiving money immediately after becoming eligible to receive old-age benefits. To do this, you need to collect the necessary documents and contact the fund in which the savings are located to submit an application. The application must indicate the following information:

Name of the organization;
surname, first name, patronymic;
citizenship;
home address;
digital number indicated in the insurance certificate;
passport series and number;
information about the insurance pension;
list of documents provided by the Pension Fund along with the application;
date and signature.

If the application is written by relatives of the deceased, then it is necessary to indicate the details of the person who had the right to a pension and the person submitting the application.

The application must be submitted to the fund in which the savings were formed. This can be done no earlier than a month before reaching retirement age. The pension fund reviews the application within 10 days, and the first accrual is made 30 days after submission of the application.

What does it mean if payment is frozen?

In 2014, due to the unstable economic situation, a moratorium on this type of benefits was introduced. In other words, a restriction was introduced on the formation and payment of savings. For now, the funds will be frozen until the end of 2021.

Thus, pensioners cannot receive part of their funds sent to create benefits, namely 6% of monthly insurance premiums.

Pensioners' funds are now used by the state to generate insurance benefits. After unfreezing, the state will return the money to citizens’ accounts, and the opportunity to cash it out will open. Funds accumulated during the moratorium will also be returned. However, to this day it is not known when payments of savings savings will resume.

How is a funded pension formed?

About twenty years ago, the pension was divided into two parts - insurance and funded. If earlier deductions from salaries went towards monthly payments to pensioners, then after 2002 part of the funds began to accumulate in the personal pension accounts of working citizens.

From each salary, our employer contributes 16% to the insurance part of the pension (it is from this money that payments are made to current pensioners) and 6% to the funded one. Contributions to the funded pension remain in the individual pension account.

It will be paid “in old age” along with an insurance pension, which will be paid for by working citizens.

Expert opinion

Mikhailov Vladislav Ivanovich

Lawyer with 6 years of experience. Specializes in family law. Knows everything about the law.

The funded pension appeared not so long ago, in 2002. And in 2014, a moratorium was declared on its replenishment through employer contributions: now they are used to pay the insurance pension. The moratorium will be in effect until 2021 inclusive.

To check how much you have already managed to accumulate, you can request information on the state of your individual personal account () on the State Services portal.

Conditions for receiving a funded pension

Pension savings can be obtained if two main conditions are met:

The presence of actual savings in the account.
Reaching the previous retirement age: for women – 55 years, for men – 60 years. Raising the retirement age did not affect the rules for receiving a funded pension.

If these conditions are met, the savings will be paid out. But in what form - one-time, for several years or for life - depends on additional conditions. Fixed or lifetime payments are assigned when:

The minimum length of service has been achieved: in 2021 - 10 years, in 2021 - 11 years.
The required number of pension coefficients has been accumulated: in 2019 – 16.2, in 2021 – 18.6. The number of points depends on the salary level. For example, with a monthly salary of 10 thousand rubles, only 1 point is awarded per year.
The estimated monthly payment from pension savings is at least 5% of the entire pension (more on this below).

If any of these conditions are not met, the payment will be a lump sum - the entire accumulated amount at once.

Features of formation and receipt

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After the reforms have taken place, a person of working age can take care of supplementing the main part of the pension. You can choose a non-state pension fund to store these funds by filling out an application. After concluding the contract, 6% of the salary is automatically transferred to the funded pension account by the employer. At the same time, the citizen has the right to contribute additional amounts to the fund.

The received savings have 3 payment options:

Every month. The period begins with the applicant's retirement and ends with his death. The payment period is still calculated, but the average life expectancy is taken as an indicator, which today is 264 months. Consequently, the amount received for the pension is divided by the number of months, and the resulting value is added to the basic payments. If the receipt of a funded pension began later than the due date, its size increases. Adjustments are made periodically taking into account the pensioner's circumstances. This is done in August every year.
For a period determined by the recipient, the duration of which begins at 10 years. This option allows a person to receive more in the first years after the end of their internship than when making permanent payments.
One time.

Important! Receipt of the entire amount is possible subject to compliance with the conditions specified by law. If after the death of a pensioner there are funds left in the NPF account, they are transferred to the legal successors of the account owner.

Methods for paying funded pensions

There are three ways to receive a funded pension:

1. You can receive a pension for life.

To calculate the amount of due monthly payments, it is necessary to divide all accumulated funds by 258 months (that is, 21.5 years - the survival period established by the Government). Moreover, if you apply for a pension not at age 60, but later, the monthly payment will be higher.

Example: if a man applies for a funded pension at age 63, and not at 60, the total amount of savings will be divided by 222, and not by 258. Indeed, due to the later application for a funded pension, the expected period of its payment is now 18.5 years, not 21.5.

2. If the size of the funded part does not exceed 5% of the entire pension, you will receive the entire amount immediately and in full.

Those who receive a disability pension, a survivor's pension or a state pension also have the right to a lump sum payment of the accumulated part of the pension. The latter is assigned to people who have failed to score the required number of points or length of service to receive an insurance pension.

3. Savings can be obtained urgently. Namely, the pension recipient has the right to set his own period (at least ten years) during which all his savings will be paid to him. In this case, the payment will be slightly higher than when choosing the lifetime option.

However, not everyone has the right to receive such an urgent payment. It is formed only through additional insurance contributions for the funded part of the citizen’s future pension, including:

– voluntary contributions that the citizen himself transferred within the framework of the State Co-financing of Pensions Program;

– means of co-financing his contributions from the state (according to the rules of the mentioned Program, the state doubles the citizen’s contribution in the range from 2 to 12 thousand rubles per year);

– additional contributions from employers. These are funds that the employer paid for the funded part of the labor pension of participants in the State Co-financing Program in addition to contributions within the framework of compulsory pension insurance;

– income from investing all the funds mentioned above;

– maternal (family) capital funds aimed at forming a funded pension, and income from their investment.

To receive a funded pension, you must submit an application to your insurer - the Pension Fund of Russia (PFR) or a non-state pension fund . And in the application, indicate the option for receiving money - urgent or lifelong.

If you are entitled to a lump sum payment of savings, it will be made by your insurer (in this case it is not possible to refuse in favor of the other two schemes).

What it is

The ability to influence the amount of future pension payments is common practice in most countries of the world. In the Russian Federation, the mechanism of pension savings is associated with the introduction of individual re-registration, within which a personal account is opened for each citizen. Funds are generated in the specified account in the following areas:

mandatory employer contributions - in 2021, each enterprise is obliged to additionally transfer 22% of the employee’s earnings to the Pension Fund budget;
personal contributions of citizens - their maximum and minimum amount is not limited by law;
federal budget funds allocated under programs for co-financing savings (these programs are currently suspended, but previously transferred funds are available for the formation of pensions);
transfer of MSC funds - this option for using maternity capital is available only for mothers of minor children;
income from investing savings - this occurs in the Pension Fund system or by transferring funds to private funds.

All of the above types of deductions are taken into account in the personal accounts of citizens and can be placed for investment purposes. The assignment of a funded part of a pension will be possible if there are funds in the funded part of your personal account at the time of applying for a pension.

The rules for assigning funded pension payments have changed several times. In particular, since 2014, the moratorium on the formation of the funded part of the pension has been repeatedly extended. This means that only persons who are employed for the first time and for whom no more than 5 years have passed since the first deduction of contributions can now actually replenish their personal account in this direction.

Let's look at how a personal account is formed for the upcoming appointment of an NP.