Experts explained the harmfulness of the idea of transferring retirement savings by inheritance

The experts of the NPF "Future" recommend not to appoint legal successors when signing long-term savings program (CDS) agreements, since the situation in the family can change significantly during the long term of the agreement. They told about it on January 17 in an interview with Izvestia.

Thus, experts noted that the proposed changes may include an increase in the number of children who would also like to become heirs to the accumulated funds.

Today, savings generated under the PDS are inherited at the accumulation stage, when payments have not yet been scheduled, and at the payment stage, when urgent periodic payments have already been assigned to the program participant. If the contract provides for lifetime payments, then the savings are not inherited.

The foundation's experts explained that the participants of the PDS have two options for appointing a successor. The first is at the stage of signing a contract with a non—governmental pension fund, and the second is within the framework of inheritance law, when the heirs receive their share of savings, among other monetary assets and property, as prescribed in the contract, the relevant statement or will.

"Based on the practice of our work, we do not recommend appointing a legal successor when concluding an agreement with an NPF, because such agreements are valid for quite a long time. For example, a long-term savings program is designed for 10, 15, 20 years. Let's say you have now determined who will receive the accumulated funds in one case or another. But a lot can change during this time. Perhaps children will be born, and in the turmoil of the days, you can easily forget about your previous choice. As a result, the parent's will for today's current time may not be fulfilled, and not all children will receive the funds," the foundation noted.

The experts added that the funds generated under the PDS, as well as within the framework of non-governmental pension programs, are protected from judicial foreclosure before the start of payments, since they are not the property of the client at the accumulation stage and are not included in the so-called bankruptcy estate even in case of bankruptcy. This money is also protected in case of divorce proceedings.

This pension will not last forever: why do heirs lose their relatives' savings

The State Duma proposed to reform the system of inheritance of pension savings in the Russian Federation

On January 12, Sergey Belyakov, President of the National Association of Non-Governmental Pension Funds (NAPF), announced that Russians who save 1,000 rubles for retirement over 25 years will be able to receive 2.1 million rubles. The expert clarified that in order to understand how much you need to set aside monthly for a tangible increase in retirement, you must first determine the savings period. So, the sooner the program is formed, the better it will be.

All important news is on the Izvestia channel in the MAX messenger.