PRESS: Draft on long-term savings of Russians ready - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

PRESS: Draft on long-term savings of Russians ready

MOSCOW, Apr 24 (PRIME) -- The Finance Ministry and the central bank have sent a bill on long-term personal savings to the government to be considered on Monday as RussiansТ demand for long-term savings dwindles, newswire RBC reported citing the draft.

"State support of long-term savings will be provided for three years starting from the year following a savings payment by a person under a long-term savings agreement," the document read.

The government will provide a tax refund of up to 52,000 rubles, if the annual savings amount to up to 400,000 rubles, and can make a co-payment of 108,000 rubles, if a personТs contribution amounts to at least 2 million rubles.

The government will insure 2.8 million rubles of savings that include earlier pension savings. Spending of the savings will be allowed before retirement in case of extreme life circumstances.

The private pension funds participating in the program will receive a 0.6% reward on an average sum of savings and up to 15% of the investment yield.

(81.4863 rubles Ц U.S. $1)


24.04.2023 09:11
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 102.2485 -0.1121 23 sep
USD 96.0419 -0.0343 23 sep
Stock Market Indices
1D 1W 1M 1Y
micex 3049.07 +0.99 18:51 22 sep
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 166.64 +0.48 23:14 22 sep
lkoh 6379.00 0.00 23:50 22 sep
rosn 508.00 -4.03 23:50 22 sep
sber 252.04 +0.75 23:14 22 sep
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 102.0125 +0.6775 14:59 22 sep
USDTD 95.9450 0.0000 17:44 22 sep