State Duma was offered to hold a pension reform

State Duma deputy from the LDPR faction Yaroslav Nilov proposed to hold a pension reform and abandon the accumulative part of the pension in the system of compulsory pension insurance (OPS). He published this initiative in his Telegram channel.

“Need to immediately remove a cumulative pension from the OPS system, where it was introduced from the very beginning, and stop freeing it,” the deputy said. Neilov is confident that “everything that is now offered to citizens must be exclusively voluntary.” The deputy also stressed that the Russian authorities need to create the most comfortable conditions for earning a non-state pension at their own request.

Nilov added that the Russians are not solved to make deductions voluntarily due to the low level of confidence in the country’s pension system. “With this level, the mistrust of society to the pension system, to small pensions, to non-state pension funds, it is extremely difficult to encourage people to voluntarily form a pension at low income,” Nilov wrote. It is this circumstance that prevents the government and the Central Bank to offer an alternative solution for independent formation of a cumulative pension.

Deputy from LDPR voiced his proposal, commenting on the initiative of the Russian Center for Strategic Developments (CSR) on the creation of a single non-state pension plan for self-employed. According to the Federal Tax Service, 99 percent of working on themselves do not dig for old age on their own, so they can only count on the minimum social pension.

The authorities and representatives of the TSD market offered a scheme in which the platforms with the consent employed will hold the share of its income from each order as pension contributions and direct them to a single account occupied by the non-state pension fund. According to the plan, companies will also have the opportunity to deduct additional funds at their own account.

/Media reports.