Russian Fin Min, cbank to present new model of pension savings Sep

MOSCOW, Aug 27 (PRIME) -- The Russian Finance Ministry and the central bank will present a new model of pension savings at the beginning of September, Deputy Minister Alexei Moiseyev told reporters on Tuesday.

“I think that I and (First Deputy Central Bank Chairman) Sergei Anatolyevich (Shvetsov) may announce the details in a week,” Moiseyev said.

He added that the model will be renamed and would no longer be called individual pension capital.

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