In Russia, they wanted to oblige non-state pension funds (NPF) to return retirement accumulations to customers if they were illegally transferred to other insurance companies and this fact was confirmed by the court. The relevant changes implies the draft law “On Amendments to Certain Legislative Acts of the Russian Federation”, report “Izvestia”.
It is assumed that the State Duma bill may be accepted in September. The document will protect against Russian Russian scammers who prefer to keep pensions in non-state funds and risk losing at a downstream transition from one organization to another.
“The bill is offered if the court recognizes the invalid contract on compulsory pension insurance to oblige insurers (on which the pension accumulations of citizens were transferred) to restore the amount of investment income from the insured person to the insured person,” emphasizes an explanatory note to the initiative. / P>
in the government clarified that now the restoration of the accumulative pension on the account occurs in court. In some cases, failures are allowed, emphasized in the Cabinet.
The initiative of the bill was previously made by Mildrost. At the end of January, the department suggested to compensate for citizens lost when transferred to NPF funds.