The Russian government has allocated 21 billion rubles for a long-term savings program
- Новости
- Economy
- The Russian government has allocated 21 billion rubles for a long-term savings program
In 2025, for the first time, the state will charge co-financing for contributions made by Russians under the long-term savings program (RPS) last year, with a planned revenue of 21.4 billion rubles. The data of the analysis of Sberbank based on the review of the Bank of Russia is available to Izvestia.
In the first year of the program, 2.8 million people joined it, which is half of the number of participants in non—state pension provision, which has been in operation for more than 20 years. At the same time, the volume of contributions to the Social security Fund exceeded 205 billion, including the amount of transfers of funded pension funds.
"The main incentive for citizens who have decided to save from the social security fund is, of course, government support. During 10 years of participation in the program, a person can receive up to 360 thousand rubles of co-financing. And together with tax deductions, which are also provided for under the program, co—financing provides a significant increase in savings," said Olga Izyumova, Deputy General Director of Sberbank.
The Long-term Savings Program has been operating in Russia since January 1, 2024. It provides for state co-financing of contributions for 10 years in the amount of up to 36 thousand rubles per year, as well as the right to a tax deduction. To receive an increase from the state, you need to contribute at least 2 thousand rubles per year to the program.
Earlier, on February 28, Larisa Sorokina, Head of the Accounting and Audit Department at the RUDN University Faculty of Economics, informed when and how to receive the funded part of a pension. She said that the age of men to receive payments is 60 years, and for women — 55 years. Thus, men born in 1965 and women born in 1970 can pick them up this year.
Переведено сервисом «Яндекс Переводчик»
