Sunday, September 7, 2014

The final decision will be taken on pensions in 2015 – RBC

The final decision will be taken on pensions in 2015 – RBC

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The decision on further development of the pension system in Russia will be made in 2015. In an interview with the newspaper “Vedomosti” said Russian Prime Minister Dmitry Medvedev.

«The decision to send the funded part of the insurance part of the pension for 2015 is accepted, and there’s nothing dramatic, because the money will not disappear. And the situation with NPF was opaque, terms still allow you to check them next year, “- said Medvedev. He said that “at the end of all these actions” will be decided on the funded part of the pension.

According to the Prime Minister, now we need to resolve the question of the effectiveness of the funded part of the pension. At the same time, “long money” from the NPF in the economy did not come, Medvedev said. “It just says that the system is not working optimally,” – said the Prime Minister.

Also, Medvedev said in an interview to answer the second, widely discussed in recent years, the question about the introduction of a sales tax. According to him, the final decision on this point is not accepted, but may be made by the end of September. “There are pluses and minuses, frankly. For example, the inflation rate – is a minus. In any case, the solutions that we can take in the near future, is not affected by taxes on personal income, “- he said.

The Prime Minister said that the choice between the increase in the VAT rate and the introduction of a sales tax “complex”. He acknowledged that the input at the beginning of the 2000s, the tax was going badly, and now “we need the full confidence that we will be able to collect it. Need an electronic verification of the fact of payment, and it is a complex process ».

According to RBC, the social bloc of the government is now proposing to reset funded pension rate of 6%. Last time the fate of pensions discussed at a meeting with Dmitry Medvedev on 29 August. But then the question of the final reformatting the storage component of the compulsory voluntary, it was decided to modify the source told RBC in the Ministry of Finance, Ministry of Economic Development and the Chamber of Accounts.

In this case, the political decision on the reform of the social unit will try to get at this week’s regular meeting President Vladimir Putin and members of the government. He, in turn, will offer not to destroy the funded part and reset rate.

About freezing funded pension in 2015, it became known on August 5. “In discussing the draft of the federal budget and the budget of the Pension Fund of Russia, the Russian government decided to send in 2015 the amount of contributions for mandatory pension insurance in full on the formation and funding of pension in the distribution of the pension system. Accordingly, those contributions, which in 2015 had to go to the funded component, increase the pension rights of citizens in the distribution component, “- said the Minister of Labour Maxim Topilin.

In late 2013, the government launched the reform of non-state pension system declaring 2014-2015 year transition period. In 2014, the NPF must go through corporatisation and verification by the Central Bank. This term means citizens APF were transferred to the state pension fund. Initially it was assumed that these funds must be returned to citizens in 2015 with the addition of seven percent.

the possibility of introducing the possibility of providing the regions the right to impose a sales tax, it became known in early July. This was stated by Finance Minister Anton Siluanov. “It’s about 200 billion rubles. for the subjects of the Russian Federation, will discuss this topic, “- he said. In early August, the Ministry of Finance submitted to the government a bill.

Gregory Naberezhnye

September 8, 2014

RBC

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