Media: Government to reflect on the extension of the moratorium on the contributory pension for a year – Rosbalt.RU

March 15, 2016, 07:53 | funded pension | moratorium

 The government may extend for another year a moratorium on the formation of the funded pension. It is reported by “Vedomosti”, with reference to the four federal official.

 According to the government official, as soon as the budget is not enough money for the transfer of pension funds and the freezing of contributions in 2017 will save about 400 billion rubles. by reducing the transfer.

 Now officials have explained the need to extend the moratorium the forthcoming reform of the funded system. The decision to reform is, an ongoing debate about its configuration, a federal official said. Discuss options and complete abolition of the storage component, said government official.

 The Ministry of Finance together with the Central Bank continues to work on the concept of the pension system, a Finance Ministry official remarked: while there are no formal proposals.

 The representative of the Central Bank said that the use of contributions to the funded part of the pension to finance the deficit in the distribution – this is, unfortunately, a very likely scenario. But the state should not refuse to participate in the formation of pension savings – the storage element is also important to protect the interests of future retirees, and as a source of long-term money in the economy, according to the Bank of Russia. The Central Bank also recognized the need to adjust the storage element of the pension system.

 Earlier, Deputy Prime Minister Olga Golodets Government did not rule out that the moratorium on pension savings may be extended after 2016. “Here I agree with the Central Bank. We do not rule out “- said Golodets in response to the question of whether to extend the moratorium after 2016

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 Earlier, the Central Bank said that the moratorium on pension savings may be extended after 2016.

 

 In the spring of 2015, Russian Prime Minister Dmitry Medvedev announced the decision to keep a contributory pension and not to extend the freeze. However, later in the government due to the fall in revenues resumed discussions about such a freeze. October 9 the head of the Russian Pension Fund Anton Drozdov said that the government commission for budget projections approved by the decision to extend the moratorium on the accumulative pension contributions for 2016.

 

 At various times, Russian Finance Minister Anton Siluanov, the head of the Ministry of Economic Development Alexei Ulyukayev and Russian President Vladimir Putin expressed hope that the extension of the moratorium on the transfer of pension savings in 2016 would be the last.