Deputy Anatoly Aksakov pointed out one mistake with pension savings, the “fruits” of which must now be reaped.
The law on freezing pension savings, which was adopted by the State Duma in 2014, was not far-sighted.
Aksakov spoke on this topic during the Financial Congress of the Central Bank, which was broadcast on the Bank of Russia’s YouTube channel.
The deputy admitted that the lower house of parliament was too hasty in making this decision: “They didn’t just rush, they made a mistake.”
The parliamentarian noted that there was an opinion about the ability of non-state pension funds (NPF) to work with incoming funds.
Aksakov indicated that “quite a decent amount” had been collected.
Ten years later, the deputy admitted that the State Duma had not made the best decision and was now “reaping the fruits” of that mistake.
The deputy did not rule out that discussions in Russia will resume about returning to the rules that were in effect before 2014.
Until the end of 2013, the employer paid insurance contributions to the Social Fund (formerly the Pension Fund of the Russian Federation) at its own expense in the amount of 22% of the employee's salary. They were divided into proportions of 16% (insurance pension) and 6% (funded).
Since 2014, all 22% have been directed towards creating an insurance pension.
The difference is that the funded pension has since been increased exclusively through the investment of previously created pension savings.
This decision will be in effect until the end of 2024.
Earlier, an investor from the US named a way to protect against inflation.
