Expert talks about changes to the long-term savings program in 2025
In 2025, the long-term savings program (LSP) will simplify the transfer of funded pension funds from the mandatory pension insurance system to the LSP. This was announced to "Izvestia" on January 15 by the general director of "SberNPF" Alexander Zaretsky.
According to the specialist, in 2025 the long-term savings program (LSP) will have opportunities for development in different directions. The main priority will be to facilitate the process of transferring pension savings from the mandatory pension insurance system to the LSP. This will create more opportunities for citizens to manage their funds, regardless of where they are located, and improve the accessibility of the program.
"Preparatory work in this direction is already underway. In particular, the Ministry of Finance proposed to digitize the process of changing the insurer: it can be implemented through the portal "Gosuservices" with the use of an enhanced unqualified electronic signature," said Zaretsky.
According to him, the enrollment of state co-financing under the PDS takes quite a long time. Thus, for personal contributions of 2024 people will receive a raise from the state only in the middle of 2025.
In addition, another important initiative is to increase the limit of tax deduction for long-term savings from the current 400 thousand rubles to 1 million rubles per year. This will give Russians the opportunity to manage their finances more effectively and reduce the tax burden.
The expert noted that the next step could be tax benefits for companies that co-finance employee contributions to the PDS. Russian President Vladimir Putin has already given a corresponding instruction within the framework of SPIEF. After the amendments to the Tax Code, employers will be able to account for such payments as expenses, which will reduce the profit tax base.
"Companies will be exempted from paying insurance premiums on additional payments to the PDS. These measures motivate businesses to increase their employees' savings and help Russians reach their financial goals faster," Zaretsky summarized.
Last year, on December 16, Izvestia, citing sources, reported that co-financing of long-term savings was proposed to be tied to the number of children. One of the interlocutors said that various proposals are being discussed, including linking co-financing to the number of children, but no final decision has been made yet, everything is being worked out.
