Pension co-financing - Government program, designed to help the citizens of the country prepare for themselves a secure old age. It was introduced in April 2008, but the acceptance of applications for participation began only six months later. Participation in the program involves the annual contribution by a citizen of an unlimited amount of funds to a special account. The state multiplies part of this amount. Also, the amount of savings increases due to the investment of these funds. A person can independently decide where to increase future pension: in NPF, Vnesheconombank or a private company. If desired, funds can be transferred from one NPF to another.

According to breaking news, in 2020, only those who did it in last time 5 years ago, that is, in 2013. With a rash transfer, you can lose significant amounts of investment income. If less than five years have passed since the last NPF change, the program participant will lose investment income for the current year during the transfer. You can find out about the last change of insurer in " Personal account» on the portals of the State Services and the Pension Fund of the Russian Federation, as well as by ordering an extract from a personal account in the NPF.

Who can take part in the program?

Participants of the state program are divided into three types:

1. Russians who want to increase their pension savings;
2. their employers, who may choose to join the program;
3. state co-financing pension payments.

By 2015, participants in the state program were formed from among the citizens of the country. Everyone could apply from October 2008 until the end of 2014. They also had to have time to make at least one voluntary insurance contribution (DSV) by the end of January 2015 towards the funded part of the pension salary. If the application was submitted from November 5, 2014 by a person already receiving payments, his subsequent CST went to the account of savings, but was no longer increased by the state.

According to the program, the participant can annually contribute any amount that goes towards the growth of his funded pension. According to Article 13 of Law No. 56-FZ, if the amount of the contribution is from 2 to 12 thousand rubles a year, the state doubles this amount. If a person is entitled to one of the types of insurance payments, for which he decided not to apply, the state increases his annual contributions four times. The maximum possible amount of state aid per year is 48 thousand rubles.

A participant, in addition to the state and a citizen, may also be the employer of the latter. According to Article 8 of Law No. 56-FZ, having decided to take part in the fate of an employee, the employer must issue an appropriate order or make a special clause in the collective agreement. The amount of DST in favor of the employee is calculated by the employer every month independently, because he pays the money from his own funds. Such contributions are made to a special account opened with the Federal Treasury in the department of the Central Bank, and are issued in separate payment orders. The employer is obliged to form an additional register of insured employees, in favor of whom he makes additional contributions. Within twenty days after the end of the quarter, all registers must be submitted to the FIU. If the number of such employees exceeds 25 (data is taken for the calendar year), documents can be sent to in electronic format, while they must be signed with an enhanced qualification electronic signature.

All questions regarding the program can be asked by calling the Unified Federal Telephone Service of the Pension Fund at 8 800 510 55 55.

Ways to apply DSS

Money can be deposited into the account through any organization that has permission to conduct banking operations. After the payment is made, within 20 days from the end of the quarter, a copy of the receipt for payment of funds must be sent to the PF. Papers can be taken to the FIU department, sent by mail or sent through the PF RF website. You can also generate a payment receipt form on the site. To do this, you need to indicate that you are an insured person, select the region of residence, and also enter your full name, address, SNILS number and payment amount. The receipt generated by the system can be printed or downloaded in PDF format.

According to Article 5 of Law No. 56-FZ, contributions can be transferred not only independently, by depositing a certain amount into the account, but also through the employer. To do this, the employee must submit an application indicating the fact of participation in the state program, as well as the amount selected for paying the DST. Moreover, you can specify both a specific amount of money and a percentage of wages, which the employer undertakes to transfer to the fund on a monthly basis. DST from the salary will begin to be credited to the account from the 1st day of the month following the application. Subsequently, you can change the value of the DSV or completely refuse them by writing an appropriate application. Upon termination of the employment contract, the employer automatically stops payments.

Advantages

Participation in the program involves some benefits in the field of taxation and inheritance. Paragraph 5 of Article 219 of the Tax Code gives taxpayers who contribute DST to the funded part of their pension salary the right to receive a social tax deduction. To do this, the tax office must provide papers confirming the costs of paying contributions. The maximum amount from which you can receive a deduction is 12 thousand rubles per year. The deduction can be obtained through the accounting department (if DST was paid in the form of deductions from wages through the employer) or the tax office. For the second method, the following papers will be required:

• the passport;
• a completed declaration (in the form of 3-NDFL), which reflects the payment of contributions;
• certificate of the amount of the transferred DST from wages;
• copies of papers confirming the independent deposit of funds;
• account details for transferring the amount of the deduction.

The privilege is available only to those who independently contributed the DST. If the employer did this at his own expense, the employee is not entitled to a tax deduction.

The tax authority checks the submitted papers within three months, after which, if a positive decision is made, the money due to him is transferred to the citizen. If a program participant has deposited a maximum of 12 thousand rubles into the account, 1,560 rubles will be returned to him, that is, 13%.

In the event of the death of a depositor, all the savings accumulated by him are transferred to his heirs, whose names were indicated in the agreement concluded with the fund, or in the application submitted to the fund during the validity of the agreement. If the deceased did not leave a will and did not appoint legal successors, the money is divided among the next of kin. The inheritance must be applied for within six months from the date of death of the relative who contributed the DST.

How to receive the money?

Money from the account cannot be withdrawn at will - they form funded part pension pay. The receipt of this type of payment depends solely on the age of the person. According to the new rules introduced, it is no longer necessary to wait until the retirement age is reached, which in 2020 will begin to grow annually by 1 year until it grows by 5 years by 2024. Men can receive money at the age of 60, women - at 55.

Having reached the above age, you need to contact the employees of the organization where the savings are stored. You need to take with you:

• the passport;
• SNILS;
• pensioner's certificate;
• details of the bank account to which payments will be received.

The cumulative part of the pension content can be received both for the rest of your life (in the form of a monthly increase in pension), and for a period of at least 10 years. There is an opportunity to receive the accumulated funds in the form of a one-time payment. However, this is allowed only for those who have left (or accumulated) no more than 5% of the amount of the insurance part of the pension salary in their account.

Until what year is the program valid?

Participants may have a question: until what year should they pay additional contributions and be able to receive from them tax break? The co-financing program is designed for 10 years. Thus, the last participant will finish it in 2025. The amounts contributed after this period are no longer multiplied at the expense of the state, but grow only due to investment.

Since 2015 it is not possible to join the program. However, this does not mean that it is impossible to form pension savings to increase your payments later. And in 2020, those who wish can choose NPFs and transfer funds there, however, they will not be increased by the state. Capital will grow only through investment.

In Sberbank, the country's largest NPF, you can draw up an individual pension plan by creating savings that can be used until retirement age. At the same time, you can independently choose the amount of contributions, the term for replenishing the account and the period of subsequent payments (at least 5 years). Like the capital of participants in the co-financing program, savings are invested, due to which they grow, make it possible to receive a social tax deduction of 13%, are inherited and are not divided upon dissolution of marriage. The amount of the first installment must be at least 1.5 thousand rubles, subsequent - at least 500 rubles. For the formation pension plan you need to contact Sberbank or fill out an application on the website.

Conclusion

The pension co-financing program is valid until 2025, but since 2015 it has been closed to new participants. Everyone who managed to submit an application and made the first installment before this deadline increases savings through state assistance and investment of funds for 10 years, after which co-financing is terminated. An employer can also join the program by making voluntary contributions for their employees. At the same time, he gets the opportunity to deduct the transferred amounts from profit taxation (within 12%). Upon reaching a certain age, the member may apply for a Lifetime Pension Supplement, a Term Retirement Salary or a Lump-sum payment (as long as the account balance is less than 5% of insurance benefits).

Citizens who make contributions to funded pensions are entitled to apply for additional funds to finance pension savings from the budget. Today we will talk about the Pension Co-financing Program: who can become a participant in the Program, how the amount of budget subsidies is calculated, how to arrange pension co-financing through the employer.

What is a funded pension

On the basis of legislative changes that came into force in 2008, citizens transferring funds within the framework of compulsory pension insurance (OPS) received the right to form a funded pension. According to the order funded pension is formed in addition to the insurance, and, upon reaching retirement age, a citizen can simultaneously issue payments in two directions (labor + funded pensions).

Pension co-financing program

Program participants

As a general rule, persons insured under supplementary pension insurance can receive a supplement to their pension in the form of state co-financing. However, not all citizens who transfer funds to funded pensions can count on state subsidies. According to the legislation, in order to be eligible for additional funding for funded pensions, the following conditions must be met:

1. The citizen must be a participant of the Co-financing Program . Registration of participants was carried out from 01.10.08 to 31.12.14, during which the insured persons filed relevant applications with the FIU. Upon the expiration of the specified period, the registration of the Program participants is terminated, its restoration is not planned.
   It should be noted that citizens who applied for participation in the period 11/05/14 - 12/31/14 are registered in the Program only on the condition that at the time of application they are not recipients of any type of pension (insurance, social, disability, survivor's pension). , etc.). Otherwise, the application for participation is rejected.
2. Transfer of the first insurance premium until 31.01.15 . Confirmation of participation in the Program is the fact that a citizen has transferred the first insurance premium before the specified date. If funds are transferred to the account of the funded pension later, the citizen is not assigned the status of a participant in the program, even if there is a corresponding application.
3. Only those persons who annually transfer at least 2,000 rubles to the funded pension can receive co-financing. If, at the end of the reporting year, a citizen paid a smaller amount, he loses the status of a Program participant.
4. The program is provided only for citizens transferring contributions to the PFR management company . When drawing up documents for the formation of a funded pension, a citizen chooses an organization to which contributions will be transferred. If the insured creates savings on NPF accounts, the Pension Co-financing Program does not apply to him.

Co-financing of a pension when transferring funds to the UK

Currently, citizens are assigned the right to choose the management company to which voluntary insurance premiums will be paid. According to the application, contributions can be transferred both to the state Criminal Code and to non-governmental organizations (according to the approved list). Also, insured persons can change the UK or NPF, after which the already accumulated funds will be transferred to new organization, and subsequent payments will be made to the account of the newly selected MC / NPF.

We emphasize that only those citizens who have chosen a state management company as a guarantor of pension savings can receive a subsidy under the Co-financing Program.

As of 2020 the company managing pension savings citizens, Vnesheconombank is speaking, with which the PFR has concluded a trust management agreement. Citizens who have chosen the state MC pay contributions for additional pension insurance to the Pension Fund of the Russian Federation, after which government agency transfers the amount to the account of Vnesheconombank in the form of pension investment funds.

Calculation of the amount of subsidies

Additional size public funding is calculated annually on the basis of the amount paid by the insured person in the form of supplementary pension insurance contributions. In general, the state doubles the amount transferred by the payer in the form of contributions to the FIU (CC). However, the following conditions must be taken into account:

1. State does not double contributions , if their total amount at the end of the year is less than 2.000 rub.
2. Approved sum limit to be co-financed 12.000 RUB . If a citizen at the end of the year transferred an amount more than the established amount to the funded pension, then the state subsidy applies only to the approved maximum - 12,000 rubles per year.

Consider an example. Pensioner Kolobkov pays funds towards the formation of a funded pension and is a participant in the Co-financing Program. At the end of the year, Kolobkov transferred contributions for additional pension insurance in the amount of 13,414 rubles. As part of the Co-financing Program, the funds on Kolobkov's pension account were increased by 12,000 rubles. (limiting annual value). In total, the amount of funds received by Kolobkov's pension account for the year amounted to 25.414 rubles. (13.414 rubles + 12.000 rubles).

Participants of the Co-financing Program can pay supplementary pension insurance contributions either directly to the Pension Fund of the Russian Federation or through an employer. In the general case, citizens who are in an employment relationship transfer contributions through the employer, while self-employed persons (individual entrepreneurs, notaries, lawyers, etc.) pay the amounts towards the funded pension to the Pension Fund on their own.

How to apply for co-financing a pension through an employer

In its essence, the Co-financing Program is equally implemented with any of the methods of forming pension savings. If other conditions are met, the right to a state subsidy is retained by the citizen both when transferring when paying funds through the FIU, and when transferring contributions through an employer.

Citizens who are officially employed (there is a signed labor / collective agreement) can arrange payment of supplementary insurance premiums through the employer by submitting the following documents:

• documents confirming the fact of the formation of a funded pension in the state Criminal Code;
• certificate of assignment of SNILS, confirming the fact of registration of a citizen in the pension insurance system;
• notification from the PFR confirming participation in the Co-financing Program.

Together with the above documents, the citizen submits to the employer statement with a request to transfer additional insurance premiums to the PFR account. The document is drawn up in free form, indicating the following information:

• the amount of payments (a fixed amount or a percentage of salary);
• frequency of transfer of funds (monthly, quarterly, annually);
• payment deadline (for example, before the 20th day of each month);
• full name of the recipient of funds (PFR authority);
• payment details.

Also, the application must contain the required details (date of compilation, full name and SNILS number of the insured person, organization details, applicant's signature).

The procedure for paying contributions through the employer

Registration of payments towards the funded pension through the employer, for participants in the Co-financing Program is carried out in the following order:

1. Citizen - participant of the Co-financing Program submits to the employer (usually to the accounting department or the personnel department) documents for transferring contributions to the Pension Fund of the Russian Federation towards the formation of a funded pension.
2. Based on the received documents, the employer deducts amounts from the employee's salary and transfers payments to the PFR accounts as additional pension savings. The withholding of contributions and their transfer to the FIU is carried out in strict accordance with the amounts, frequency and terms specified in the employee's application.
3. Funds received from the employer of a participant in the Co-financing Program are transferred by the PFR to the account of the Management Company (Vnesheconombank). At the end of the year, the PFR determines the amount of contributions received, after which it makes an additional payment under the Co-financing Program (+100% of the amount of the annual contribution, but not more than 12,000 rubles).

Right to a tax deduction

The current legislation provides Program participants with the right to receive a partial refund of the amount of funds paid towards pension savings in the form of a tax deduction.

The amount of tax compensation is equal to 13% of the amount of the additional insurance premium transferred by the insured at the end of the year. For example, if a citizen transferred 11,330 rubles to the FIU through an employer. on account of the formation of a funded pension, then the amount of the tax refund will be 1,472.90 rubles. (11.330 rubles * 13%). Note that as part of the tax deduction, the amount of personal income tax is compensated. The amount of contributions transferred to the FIU remains unchanged.

Employer's pension supplement

Organizations and enterprises that withhold and transfer additional pension insurance contributions for employees may become participants in the Co-financing Program. Under the Program, employers can act as an additional source of funded pensions for their own employees. Participation in the program is carried out on a voluntary basis, based on the application of the employer.

By decision of the management, the organization, along with the PFR, can co-finance the employee's funded pension. The amount of additional payment and the frequency of payments is determined individually, at the request of the company. At the same time, the PFR does not limit the amount of contributions that an organization can transfer to form an employee's funded pension.

Those who applied to join the program by December 31, 2014 and made their first payment by January 31, 2015. Within 10 years from the date of payment of the first installment under the program, it is possible to receive co-financing from the state.

Choose the payment method that is most convenient for you:

Through the employer

The most convenient way to transfer contributions is through your employer*, instructing him to withhold additional insurance premiums from your salary. In this case, you can take advantage of receiving a social tax deduction through your employer.

To pay contributions through the employer, you just need to submit an application to the accounting department of your enterprise (organization) indicating the amount and frequency of withholding contributions. Based on your application, contributions will be transferred by the employer to the FIU.

You can change the amount of contributions and the frequency of their payment at any time by submitting a new application to the accounting department.

* Art. 7, Federal Law of April 30, 2008 N 56-FZ (as amended on November 4, 2014 No. 345-FZ) "On additional insurance premiums for funded pensions and state support for the formation of pension savings."

On one's own

Payment of contributions can be made independently in any bank.

Details for paying additional insurance premiums to the Pension Fund you can get:

• on the official website of the PFR (in the section "electronic services");
• in the territorial body of the PFR at the place of residence.

It is important to remember that it is necessary to transfer contributions to the FIU, therefore, copies of payment documents after self-payment of contributions are provided by you to the territorial body of the PFR. According to the Federal Law No. 56-FZ of April 30, 2008 “On additional insurance premiums for funded pensions and state support for the formation of pension savings”, after accounting for funds on an individual personal account with the PFR, the funds will be transferred to NPF GAZFOND pension savings JSC.

Since 2009 for residents Russian Federation a project to co-finance pensions. Why was it created? What goals does it pursue? What is pension co-financing? News on this topic, as well as frequently asked questions will be posted within this article.

general information

State co-financing of pensions consists in the fact that once a year citizens replenish their account in the accumulative pension fund for a certain amount in the range from two to twelve thousand rubles. At the same time, the state contributes its part. It transfers the same amount of money to the account of the future pensioner. What gives such an approach?

State co-financing of pensions allows people to maximize the return on their contributions. The amounts that are accumulated in this way are added to the capital that is generated due to the insurance model. Co-financing of pensions for non-working pensioners will allow you to receive more support. Moreover, its size depends on each person. If he voluntarily transferred twelve thousand rubles for seven years, now you can count on about 8 thousand rubles a year. The amount seems to be not big, but who will refuse it?

What is the current state of affairs?

How popular is pension co-financing? News from the Vice Premier tells us that there are now over eight million participants in the program. Everyone can take part in the project. Indeed, this requires

If you wish to participate, you must additionally bring an application and an internal passport. The form for the first is issued directly at the branches pension fund. Speaking about the filing procedure, it can be noted that there are several ways: you can do everything personally, as well as through the employer or special organizations that are authorized by government agencies.

Separate moments

True, in fairness it should be noted that not everything is cloudless. So, pension co-financing began to operate in 2008, but in 2014 it was frozen. Why? The fact is that this project is very strongly tied to the insurance part of the pension. But there are problems with her - she is frozen. But don't worry, it doesn't matter now. In 2017, if you wish, you can safely use these funds. This is a very good project that will work successfully. And now it has been greatly improved. This project enjoys the greatest popularity at the largest enterprises of the country and is gradually gaining recognition among the part of business structures that are interested in long-term attraction of professional personnel.

Also noteworthy are some exceptions to the 1:1 rule. Thus, people of retirement age who have not completed documentation for a pension will be entitled to payments that exceed the amount available at least five times. There are quite a few legal aspects here, which can be found in the pension fund offices. Now we can confidently say that state co-financing of pensions will be most beneficial for those people who were born before 1967. Why? The point here is that a mandatory funded component is not formed for them.

Special Populations

I'd like to pay attention to Article 8 of the Law "On Insurance Pensions". People who fall under its action and have not applied for the establishment of any type of pension have the opportunity to interact on a 1:4 basis. What does this mean in practice? Let's say there is a person who paid 12 thousand rubles. The state, for its part, also adds, but not 12,000, but 48,000! Thus, 60 thousand rubles a year will be credited to an individual personal account!

Agree, the amount is not small - it is equal to two average monthly wages in the country. This is how co-financing from the state is growing, in a way it can be called a division of the amounts received from the sale of the material resources of the Russian Federation. So don't miss out on this great opportunity.

Criticism

But in order to appreciate something, you need to know not only the positive, but also the negative sides. We talked about the first ones - this is an opportunity to receive one hundred or even four hundred percent of profit per year. In addition, the amount of contributions is small. Even if now it is difficult for someone to deposit 12,000 rubles, he can stop at 5,000 or even 2,000. But certain doubts arise because of who is the guarantor of this system.

Many people are afraid of the possibility that they will carry out the motto of which will be the words "everyone to whom we owe - we forgive." The most recent experience is often cited as an example. After all, insurance savings were simply taken and frozen, replacing them with points, the system for converting which into money is not entirely clear. But the army of pensioners is growing, and soon there will be nowhere to take money from. But this can be called purely emotional criticism. And in order to better assess the "cost" of the project, let's break it down into its individual components.

Control and confidence

So, it is often noted as negative points that if money is invested in this way in a pension, then until a certain age (or events for some population groups) it will not be possible to access it. This is a significant disadvantage compared to bank deposits. So, if you want to open a business or organize a wedding for yourself, you will need to save everything from scratch. In addition, certain events may occur, due to which it will be necessary to make a prompt withdrawal of funds (for example, there will be a profitable and necessary offer).

Stops people and uncertainty about the retirement future. It is widely used to receive wages in envelopes, which negatively affects the amount of future security. Accordingly, the level of payments decreases. And if you pay an additional 12,000 every year with an official salary of 6-8 thousand, then the inspection bodies may have questions. And as a result - negative consequences in the form of fines (for the employer) and additional payments (for the employee).

Uncertainty in the state and the desire to become successful

Even if we assume that everything will develop exactly as planned, it is not at all a fact that the change of power will not change the rules, and radically. The weak heredity of the policy being pursued is reflected here. In addition, many want to become a wealthy person as early as possible, and not in retirement age. Someone collects an investment portfolio from stocks, others accumulate other assets, but the result is the same - everyone wants to start not working as soon as possible. And if you work, then only if you have own desire. If you have brains, then even by working and saving some money, you can create a good financial cushion for yourself.

Wish to live well now

Alas, many are not lucky to live to see retirement. In this unstable world, anything can happen. Therefore, many are betting on realizing themselves now. The same money can be invested in your own business or just live for your own pleasure. This reasoning leads to the fact that the funded pension is not popular. Co-financing although it offers good growth assets of one hundred and even four hundred percent per year, but, alas, it will take a long time to wait. Retirement seems especially distant for the young. Although, however, if there is or will be an excess of money, then you can participate in this project.

Many lose the desire to do so, one has only to look at the percentages. In the world, a very common practice is the yield in the region of four to five percent. Well, from the point of view of the United States, Germany or France, where this figure is one and a half to two times higher than inflation, this is pretty good. But the same result on the territory of the Russian Federation is twice as low as inflation, that is, money is gradually “eaten up”, which is quite bad.

Conclusion

Co-financing pensions for pensioners can help financially, although not significantly, but still! Therefore, it is up to each individual to decide whether or not to follow this path. In general, if you break even the maximum amount into a month, then only a thousand rubles comes out. This amount is quite lifting, so you can use this way. Such money can be earned by devoting a day or two or three to painstaking work. True, then you will have to take care of your health in order to be sure to live up to the moment when you can use your pension savings. And not just to "see and die", but also to rest after decades of work.

co-funded by federal pension provision disabled citizens is understood as an increase in contributions to financial protection through personal payments of a person in conjunction with the government. To the question until what year the pension co-financing program is valid, we will answer below.

Until what year is the pension co-financing program valid?

The duration of the state pension co-financing program is from 2008 to 2014. A widespread requirement for the working-age population participating in a government program is that payments be made no later than last day(31) January 2015. The duration of the project for any person lasts ten years from the date of entry into the project.

The essence of the program of state co-financing of pensions

In the current period, the government once introduced a program of state co-financing of pensions, and people could send requests for participation in it until the beginning of 2015. The program of state co-financing of pensions in 2018 is provided for existing pensioners. Every person still has the opportunity today to increase their non-contributory share of the state benefit by transferring from their earnings by submitting a request to the FIU office, but countries will not add similar amounts from the treasury to the account of a person of incapacitated age.

How does the pension co-financing program for pensioners work? The bottom line lies in the need to contribute finance to Russian people planning a secure old age on their deposit in proportion to the employer's payments on a monthly basis.

Able-bodied citizens of our country are interested in how to stop being a participant in a government project to increase the amount of future old-age benefits. You do not need to make transfers or apply for this. In a co-financing project no cancellation of the contract. So, how to get out of the state pension co-financing program? You need to stop making payments.

How does the pension co-financing program for pensioners work?

In order for the federal project to increase the future old-age benefit to start working:

• a person must submit a written request to the PFR department and take part in a joint financing project before the beginning of 2015, namely, must make an initial contribution by the end of 2015 in the amount of at least two thousand rubles for the entire year;
• the government must finance the pension in an amount equal to personal payments, but not more than twelve thousand rubles;
• the government must finance the benefit in an amount similar to the payments of a citizen, but in the amount of not more than forty-eight thousand rubles, if it concerns citizens who received, but did not use the right to receive state benefits.

The legislation provides for two ways to pay additional fees to participate in a state project:

• By means of a credit institution, a bank.
• Through the company, the employer.

If you choose the second way, you must contact the finance department, write a written request about the desire to transfer a certain amount of funds from part of your income to the state benefit under the co-financing program. You can also stop transferring contributions by sending a free-form written request to your current employer's finance department.

The financial resources transferred by the government are calculated and payable together with the insurance part of the state, disability in the form after the co-financing of the pension.

How to get money for pensioners? This can be done in the form of a fixed-term or lump-sum contribution, provided that the amount of personal savings is less than five percent of the insurance share of the state benefit. After the opportunity for the payment of benefits, you can at any time apply with a written request for its appointment. You can submit it:

• in the office of the FIU, MFC;
• through the Russian Post;
• through a virtual portal, a real-time service on the PFR page;
• through a trustee.

How to get money under the pension co-financing program?

So, how to get money under the pension co-financing program. You can use personal savings on a deposit in the Pension Fund of the Russian Federation within the framework of a state project as follows:

• One-time tranche. This tranche will always be applied to the funded part, if the amount is not more than five percent of the insurance share of the savings. With a volume of more than five percent, it is paid at the discretion of the citizen. This form looks like issuing the entire amount of savings once.
• Urgent tranche. This form implies that the savings are distributed in equal proportions for monthly accruals for a period chosen by the citizen himself. The time period must be more than ten years.
• Tranche without a deadline. This form assumes accruals every month until the moment of death. The contribution to be made each month is calculated as follows. The entire volume of the funded part is divided into two hundred and forty months.

Form number three assumes the smallest payment, but has a huge advantage, since payments will not end at the end of two hundred and forty months, but will be paid for life. Two months after sending a written request, payments from the funded share of the state allowance are assigned.

The minimum package of certificates when applying for a payment

After obtaining the right to transfer government benefits, you must submit the following list of certificates for its appointment:

• The main identity document.
• Pension insurance policy.
• Confirming documents on the right to assign the insurance share of disability benefits due to age (book of labor activity, documents on work experience, income).

If the insurance share of the state benefit has already been assigned, you do not need to send a package of certificates, since they are already in the personal file of the future pensioner.

The time period for studying a written request for the establishment of benefits depends on the way it is transferred: with an immediate tranche - ten days; with a one-time tranche - thirty days. In case of a non-negative decision on the establishment of a state benefit, its payment occurs no later than two months from the date of the decision.

How to multiply savings under the benefit co-financing program

There are citizens for whom other conditions for joint financing of state benefits have been developed, according to the document on additional payments for the funded share of pensions, government support for the formation of savings. If an employee falls into this category, then he should be entitled to insurance pension by age, but not apply for her appointment, then he can count on multiplying payments four times.

Receiving savings after the death of the insured citizen

Funds generated on deposit with the help of the co-financing initiative can be inherited. The number of heirs is not limited, the citizen himself can determine the proportions in which the funds will be divided among all available heirs.

In case of death of the insured person before the appointment of the state benefit, the heirs have the right to pay the savings. A citizen can independently form a list of heirs, indicate in a written request in what proportions the money will be distributed between them. According to the legislation, it is customary to consider primary and secondary heirs as legal successors. Secondary heirs are entitled to receive payment in the absence of an application and primary relatives.

The funded part of the allowance will be assigned to relatives if the death has occurred:

• prior to granting benefits;
• after the approval of the urgent tranche;
• after approval, but not the payment of the lump sum.

If a person was calculated the payment of accumulated funds without setting a deadline, then the heirs cannot count on it. To receive money, the heirs must apply to the FIU, NPF no later than six months after the death of the insured person.

Advantages and disadvantages of pension co-financing

Like any project, the co-financing program has its positive and negative sides. We list the main advantages:

• At least double the allowance.
• Possibility of obtaining fiscal benefits. From the amount of contributions, a person has the opportunity to provide a deduction. The procedure for disbursement of funds is prescribed in fiscal legislation. It can be done by contacting the financial department or directly to the tax authority. To apply to the inspection, you need to provide a declaration of 3 personal income tax at the end of the reporting period, an individual certificate of the amount of deductions, withheld fees, confirming documents on the transfer of additional insurance premiums, an application for a transaction to return the fee, indicating the details of the individual deposit. For three years after the contribution of money to the pension deposit, their owner can return a share of them.

We list the main disadvantages:

• Limitation of the amount at the level of twelve thousand rubles a year.
• Temporary suspension of the implementation of the idea.
• For the sake of obtaining the greatest profit, you need to make the maximum established payment every year. This amount is equal to a significant share of a citizen's monthly income. Not every citizen can single it out, so many citizens refused to participate at all. For wealthy people, the amount of benefits is imperceptible, and does not stimulate participation at all.
• reduces the real price of the transferred funds for a deposit in the PFR. They will be indexed from the moment of receipt of transfers by disabled age.
• Distrust to. The suspension of the initiative, other innovations did not have a positive impact on the attitude of pensioners to the financial protection of the elderly in the country.

The government's project for co-financing the disability allowance due to age offers attractive conditions.