NPF Raiffeisen

Non-State Pension Fund Raiffeisen is one of the most robust Russian non-state pension funds offering private and corporate pension plans, and investment solutions for the part of the regular pension ceded to the fund in line with the Mandatory Pension Insurance policy.

ZAO Raiffeisenbank is the Fund’s sole founder.

The Fund hold License NO. 67/2 issued 16 April, 2004 by the Federal Financial Market Service to enable the company to offer retirement programmes and pension insurance plans. Permission to offer mandatory pension insurance No. 19 was issued by the Ministry of Labour and Social Development of the Russian Federation in June 2004.

Below is the list of corporate and private retirement programmes offered by the Fund:

1. Corporate retirement programmes

NPF Raiffeisen offers corporate pension programmes designed to accumulate additional pension for your employees, as well as personnel management solutions.

Main principles of the corporate pension programme:

• The employer (on its own, or together with the employees) pays pension instalments to NPF Raiffeisen.
• The Fund invests pension installments to legally defined financial instruments via specialised asset management companies, and credits the retirement accounts with income from such investments.
• When legally retired, the investor receives the non-state pension based on the money accumulated on the retirement account, and on the programme’s conditions.

The Fund offers assistance in developing the retirement programme, tailoring it to the Employers’ requirements, helps communicate the information about the selected plan to investors, and offers comprehensive support and maintenance of the products.

For details on the Corporate Retirement Programmes of NPF Raiffeisen, please fill in the Corporate Client Questionnaire, and our specialists will contact you.

More details are available the Fund’s Information Centre at (495) 777 99 89.

2. Private retirement plans

NPF Raiffeisen offers private pension plans for you and you family. With our individual pension plans, you can design a retirement scheme to suit your needs.

You can sign a Pension contract with the Fund in any sales office of ZAO Raiffeisenbank. Please make sure you have your passport with you. If you want to sign a contract to provide a retirement solution for somebody else, please bring a copy of the person’s passport. 

You can determine the amount and frequency of your pension instalments to the Fund. Also, you are free to alter these parameters whenever you choose, without any special notice sent to the Fund. Pension instalments are paid via banking transfers to the Fund’s account.

The Fund invests pension installments to legally defined financial instruments via specialised asset management companies, and credits the retirement accounts with income from such investments on an annual basis. 

When legally retired, the investor receives the non-state pension based on the money accumulated on the retirement account, and on the programme’s conditions.

Find our how much you can get using our pension calculator on the website.

More details are available from the Fund’s Information Centre at (495) 777 99 89.

3. Mandatory Pension Insurance

The current Russian legislation allows Russian citizens to make investment decision for the investable part of their retirement pension. Starting 1 January 2005, the investable pension is only enabled for persons born in or after 1967. For older citizens (born 1966 and earlier), the investments are limited by the pension installments paid over 2002 through 2004.

If you decide to transfer you pension investments to NPF Raiffeisen, you need to sign a mandatory pension insurance contract, and give in an application to take your pension from the Pension Fund of Russia to NPF Raiffeisen, available in any sales office of ZAO Raiffeisenbank. Make sure you have your passport and your certificate of mandatory pension insurance with you.

Before your retirement investments are paid, you can nominate trustees to receive the money by filing respective application in any sales office of ZAO Raiffeisenbank.

Annually, before 1 September, you will receive a statement from the Fund with the total amount on your retirement account, and the performance of investments done by the Fund on your behalf. When legally retired, you will receive the pension investments accumulated, on a lifetime annuity basis.

Contact the Pension Fund of Russia to have your base and investable retirement pensions formally enabled.

Please note that transfer of retirement pensions accumulated over previous years, and the current year, is only enable until 31 December 2007.

More details are available from the Fund’s Information Centre at (495) 777 99 89.

Address: 119121, Moscow, 44/2 Plyuschikha str.
Telephone: (495) 777 9989, 745 5211
Fax: (495) 745 5211

E-mail: npf@raiffeisen.ru
www.npfraiffeisen.ru