Co-financing is being prepared for buyers of accumulative life insurance policies

In Russia, they want to make long-term savings more profitable. Benefits for employers are currently being discussed when co-financing funded life insurance (NSF) for employees as part of family investments, the press service of the Ministry of Finance told Izvestia. The point is that if an employee invests money in the NWF, the company adds an amount there from its side (similar or in some proportion).

Three years will wait: irrevocable deposits in the Russian Federation will begin to insure up to 2.8 million

Why did they decide to resume work on attracting "long money" right now, and what does the deposit freeze have to do with it?

Russian President Vladimir Putin ordered the launch of a family savings program back in December 2024.

"The authorities are currently discussing various options for the product of so-called family investments. Different configurations and additional benefits are being worked out. For example, benefits for companies on income taxes and social contributions are being discussed. In other words, organizations can introduce such relief if they co-finance their employees' NHS policies. For example, if a policy is opened for a child," Gleb Yakovlev, vice president of the All—Russian Union of Insurers (VSS) for life insurance, explained to Izvestia.

The relaxation can work as follows: contributions made by employers under employee pension insurance policies can be deducted from the income tax base. Earlier, a similar incentive was discussed to support the long-term savings program, recalled Vladimir Chernov, analyst at Freedom Finance Global.

According to him, such a measure will give a new impetus to the formation of long-term savings of the population.

Read more in the exclusive Izvestia article:

From salary to additional payment: co-financing is being prepared for buyers of NHS policies