The head of the Duma Committee on Labor, Social Policy and Veterans Affairs Yaroslav Nilov explained why the Russians do not use the accumulative part of the pension. According to him, the root of evil lies in the lack of trust in the system, small pensions and to create an image of non-state pension funds. He also agreed with a proposal to the head of Sberbank German Gref Russian stimulate the formation of pension savings. His policies shared opinion in a conversation with “Lentoy.ru”.
Earlier, German Gref said that the formation of pension savings of Russians could push tax incentives. Encouraging retirement savings of Russians require significant tax incentives, and for certain categories of people – co-financing from the state, he said. Also, Gref believes that the country requires reform of pension legislation so that non-state funds can offer competitive programs to their customers. “Today it is important that non-state pension funds can offer its customers competitive pension and investment programs with interesting strategies and additional services,” said the head of Sberbank.
Need rebranding
Nilov believes that introduce accumulative component in the mandatory pension insurance system was a mistake from the beginning. He noted that the freeze this part colorfully illustrate his argument.
“There are millions of citizens who have chosen private pension funds, and it is about 35 million citizens, funded pension is not formed due to the fact that it is frozen. In general, this is due to the fact that we have a pension large system the level of distrust to the small pensions – an aversion to constant freezing – a negative attitude to the existing built system -. stereotypical perception therefore encourage people to voluntarily form a pension at all is extremely difficult is why the government and the Central Bank for several years trying to propose any legislative decision. to intensify the formation of voluntary and money in private pension funds began to arrive, “- commented a politician