Translation. Region: Russian Federal
Source: Government of the Russian Federation – Government of the Russian Federation –
An important disclaimer is at the bottom of this article.
About 52 billion rubles will be allocated for state support for the formation of long-term savings of citizens in 2025. The order on this was signed by Prime Minister Mikhail Mishustin.
The funds will go to non-state pension funds that carry out activities to form long-term savings for citizens.
The long-term savings program for citizens was launched in 2024 on the instructions of the President of Russia. The program will give people the opportunity to receive additional income in the future. A person can enter into an agreement with a non-state pension fund, transfer contributions to it, and also transfer previously accumulated pension savings for further investment. The state will co-finance these funds for 10 years, that is, add up to 36 thousand rubles per year. Savings will be protected. The guarantee system is the same as when opening deposits, but the insurance amount is twice as large – 2.8 million rubles.
Savings can be used as additional income after 15 years of participation in the program or upon reaching the age of 55 for women and 60 for men. The funds can be withdrawn at any time, but early withdrawal without loss of income is possible in the event of special life situations – for expensive treatment or the loss of a breadwinner.
Comment
From Mikhail Mishustin's opening remarks at the Government meeting, August 12, 2025
The issue of allocating funding for state support for the formation of long-term savings in 2025 was considered atGovernment meeting on August 12According to Mikhail Mishustin, the first results show that the instrument is of great interest to citizens – many are transferring their pension savings to the program.
“We expect that thanks to such a partnership, citizens will be able to increase their capital by receiving additional income,” said the head of the Cabinet.
The document will be published.
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