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Key Indices

 
 

A Private Pension Fund is a special form of incorporation for a non-commercial organisation for social protection whose business is regulated by Law № 75-FZ dated 07.05.1998: Private Pension Funds.

Pursuant to that law, a Fund:

  • publishes an annual report in the press about the fund’s business at least once a year;
  • annually submits its accounts to the RF Ministry of Justice, undergoes an audit and and is subject to an actuarial assessment of its business at the end of the financial year;
  • sends quarterly reports to the RF Central Bank
  • submits accounting and other special reports to the Federal Financial Markets Service monthly, quarterly and annually;

Further, a special custody monitors the work of the Fund on a daily basis.

As a legal entity the Fund submits on a quarterly and annual  basis accounting and tax reports to the Federal Tax Service Inspectorate, and statistical reports to the Statistics Authority, and also reports on insurance contributions to the Russian Federation Pension Fund and the Russian Federation Social Insurance Fund.

Movement in Stalfond's development for 2011 remained positive, which is shown by the main business indicators at 1.10.2011.

Indicators for the business of Stalfond NPF at 1.10.2011 г.

Description

Value

Voluntary pension assets, mln. rubles.

5 852

Reserve fund, mln. rubles.

300

Number of participants in  the voluntary pension schemes

160 025

Number of contracts with individuals

51 805

Number of contracts with legal entities     

91

Pensions paid out for the nine months 2011, mln. rubles

203

Number of people in receipt of a pension

24 118

Number of branches

13

Mandatory pension assets, mln. rubles

9 043

Number of contracts concluded for mandatory pension scheme*

830 347

Number of applications under the state programme for co-financing pensions

114 211

Description

Value

Pensions  paid out for 2010, mln. rubles                                

255

*The number of contracts concluded, in respect of the part of it the funded part is not transferred from the Russian Federation Pension Fund.

Movement of Stalfond's main performance indicators

01.01.2005

01.01.2006

01.01.2007

01.01.2008

01.01.2009

01.01.2010

Voluntary Pension Scheme

Voluntary pension assets, mln. rubles

1 668,7

2 558,0

5 152,1

6 590,5

6 298,2

5 597,51

Reserve fund, mln. rubles

155,0

557,6

897,2

933,0

474,5

474,55

Number of participants

173 262

182 815

187 202

196 163

199 131

164 843

Number of contracts with individuals

56 123

55 701

61 540

69 798

73 648

58 108

Number of contracts with legal entities

81

90

97

101

96

91

Pensions paid out for 12 months of a year, mln. rubles

85

85

141

205

260

374,36

Return on VPS accounts (accrued for contributors), %

15,20

23,60

24,50

16,10

4

5,4

Mandatory Pension Scheme

Mandatory pension assets, mln. rubles

0,03

0,08

404

875

911,6

1 924,52

Number of contracts with individuals

9

9

30 479

47 426

88 450

149 986

 

 
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