The government proposes to fix the contribution to pension insurance at 22%
MOSCOW, June 14. /TASS/. The government proposes to permanently fix the rate of insurance contributions for compulsory pension insurance at 22%, said first Deputy Prime Minister, Minister of Finance Anton Siluanov at a meeting of the Cabinet.
“The government proposes for an indefinite term to fix the rate of insurance contributions for compulsory pension insurance in the amount of 22% with a limit value base for taxation of contributions and 10% exceeding the limit,” — said Siluanov.
The development of IPK
The Russian authorities do not waive the insurance pension system, but will also develop a system of individual pension capital (NCI), said Siluanov.
“We do not refuse to build the pension insurance system, we are interested in the fact that the pension system has accumulated more resources, more income,” he said, stressing that raising the retirement age is one of the steps to increase the size of pensions.
“With regard to pension savings, we have agreed that we will develop a system of voluntary pension insurance, the pension capital of the so-called. Together with the Central Bank we have prepared a concept and a draft law on the establishment of a system of individual pension capital in order for our citizens for labor activities had the opportunity to accumulate resources for retirement,” — said Siluanov. According to him, this system needs to be running in the next few years.
“We have prepared a concept for such a system, its come to the government and the Parliament”, — stressed the Vice Premier.