Business guide

What are pension contributions and where do they go?

Pension contributions are a collective concept that includes the following types of payments:

Mandatory insurance contributions that must be made by the employer as part of the insurance program.
Additional amounts that can be transferred to the funds by the citizen himself or by the employer.
Income received from pension savings placed in funds.
Remains of maternity capital. They can be used for a funded pension.

Pension accruals are received both by the Pension Fund of the Russian Federation and by non-state funds. Every citizen can choose a specific fund for storing funds.

When to check your pension accruals

Every year, the Pension Fund of the Russian Federation accrues interest for length of service, which we can find out about at the company’s offices, but how can we view pension savings through State Services? This may be needed in the following cases:

When applying for a loan.
To obtain information about work experience. It can be requested one year after official employment.
3-5 years before retirement to calculate the amount of monthly payments.

The information provided is available to all adult citizens. A certificate of pension savings is issued free of charge within a maximum of 10 days.

How to calculate your pension yourself

You can personally try to determine the amount of due old age pension payments if you think that your pension has been calculated incorrectly. For this you will need a calculator.

Old age pension formula

When calculating the old age pension, the formula is used:

SPS = FV x PC1 + IPCtot. x SPB x PK2 + NChP, where:

SPS – the amount of accrued old-age insurance pension.
FV - the amount of the fixed payment at the time of calculation of the pension (in 2021 - 5,334.19 rubles).
PC1 and PC2 are increasing coefficients. Rely on later retirement. You can view them in Law No. 400-FZ “On Insurance Pensions” (December 28, 2013). When a pension is assigned at the generally established age, they are equal to 1.
IPKobshch . – the number of pension points for the entire period of work.
SPB - the cost of one SP at the time of recalculation of the old-age pension (in 2021 - 87.24 rubles).
NPE is the funded part of the pension, if you formed it.

In order to calculate the pension according to the IPC, you need to know that in different periods different formulas were used to determine the number of PB. This is due to the ongoing pension reforms. Conventionally, working time is divided into 3 periods:

until 2002;
from 2002 to 2015;
after 2015.

Based on this, IPKobshch. can be defined as:

IPKobshch. = IPK2001 + IPK2002–2014 + IPK2015 + IPKnon-insurance, where:

IPK2001 - the number of PB earned during Soviet times and up to January 31, 2001 inclusive;
IPK2002–2015 – number of points from January 1, 2002 to December 31, 2014 inclusive;
IPK2015 – the number of PB accrued starting from 2015.
IPC non-insurance – the number of pension points for non-insurance periods.

Calculation of points for calculating pensions

You can view your pension points online. To get started, you should go to the Pension Fund website. There you can use a special calculator. To independently determine the amount of your old-age pension, adhere to the following formulas:

Until 2002. The amount of pension capital is divided by the cost of 1PB as of January 2015 (64.10 rubles).
From 2002 to 2015. The insurance part of the pension is divided by the cost of 1PB as of January 2015 (64.10 rubles).
Since 2015. All insurance contributions from your paycheck are automatically converted into points. To do this, the received amount is divided by the standard amount of contributions to the insurance pension. It is 16% of the maximum contributory earnings, which is determined by the Government of the Russian Federation annually). The total value is multiplied by 10.

Please note that the maximum IPC is limited by law. Regardless of your accrued salary, you are entitled to no more than:

7.39 PB for 2015;
7.83 for 2021;
8.26 for 2021;
8.70 for 2021;
9.13 for 2021

For each full year related to non-insurance periods, 1.8 PB must be accrued for the following circumstances:

compulsory military service;
caring for a disabled person of group I, a pensioner over 80 years old or a disabled child;
detention if the citizen is subsequently rehabilitated;
being with a military spouse in an area where it is impossible to get a job in your specialty (maximum 5 years);
residence outside the borders of Russia, if the spouse is a representative of embassies, diplomatic missions (no more than 5 years).

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The number of PB accrued for each year of caring for a child until the child turns 1.5 years old depends on the child’s birth order:

for the first – 1,8;
for the second – 3,6;
for the third and fourth – 5,2.

What conditions of NPFs must be met in order to cooperate with them?

Work with such organizations is carried out on a voluntary basis. Residents of the Russian Federation who have official work experience can cooperate with them. Funds are accepted into the NPF account within the framework of the agreement. For its conclusion the following documents are needed:

passport of a citizen of the Russian Federation;
SNILS;
TIN.

With these documents you need to contact the branch of the selected NPF and conclude an agreement for the provision of services. After this, you should write an application for the transfer of funds to the selected organization from the fund in which the citizen was previously served. To avoid difficulties in opening a new pension account, you should determine in advance which organization it is located in.

How to find out where pension savings are located through the State Services website: step-by-step instructions

Before you find out the funded part of your pension through State Services, you must:

Log in to the resource using your username and password.
Go to your personal account, select the “Pension, benefits, benefits” section.
Select the option “Notification of personal account status.” Study the information in the tab, click on the “Get service” button.

After this, the system will provide data on pension savings. You can print them out or send them to yourself by email.

How to find a notice

How can I view the funded part of my pension at State Services? Data on the status of pension savings appears on the service request page. In the future, they can be found in your personal account in the notifications section.

Important: in the notice you can find data on length of service and the amount of deductions only for previous years. Data for the current year will only be entered in the next calendar year. Therefore, the document will have to be ordered again over time.

Principles on which the accrual date is selected

A pensioner, regardless of his own wishes, cannot independently determine the date of accrual of pension benefits. This number depends on several circumstances:

Peculiarities of pension calculations in a particular region - the schedule is drawn up on the basis of government transfers, which are subsequently distributed among existing pensioners.
The number of pension recipients in a particular region - if there are many pensioners, benefits can be paid in groups.
Subsidies from the federal budget that affect the final amount of the pension.

The accrual date is selected based on the following principles:

is established within the schedule approved in the region;
accrued no later than the 3rd day of each month;
payments on holidays are made the day before , but not earlier than 3 days before the due date;
a pension that is not received on time may be issued next month if the pensioner does not use a bank card.

It is important to know!
Average pension in Russia The exact date when the pension will be accrued in a particular case is communicated to the pensioner after registration of the pension benefit.

You can obtain more detailed information at any branch of the Russian Pension Fund.

If a pensioner changes his actual place of residence, the pension is accrued on the day it is fixed in the region. When a pension is not received within 6 months, this amount is returned to the Pension Fund, and the restoration of social payments is possible only if all the reasons that led to the termination of the process are eliminated.

How can you get information about your pension fund without going to the State Services website?

In addition to the public services portal, data on pension contributions can be found at the MFC, bank, pension fund, as well as from the employer. Each of these options is worth considering in detail.

Upon personal request to the MFC

You can obtain information about the status of your own pension account at the MFC. To do this you should:

At the place of work

You can check pension accruals at the enterprise where the citizen works. It is enough to submit a request to the accounting department to provide such a certificate. It must indicate how much money is contributed by the employer and to which pension fund.

Important: an entrepreneur can provide a citizen with information only on those deductions that he made himself. The company cannot provide an extract from the previous place of employment, so this method is good for those who have always worked at the same company.

In the bank

If a citizen does not have time to register on the general portal and look for the answer to the question “how to find out which pension fund I am a member of” through State Services, he can use the Sberbank service if he has a card with this credit organization. To do this, just go to the website or application of the credit institution, go to the menu located on the right side of your personal account, select the type of pension fund and enter SNILS data. The system will provide the necessary data.

Where to check the accuracy of the accrual

You can find out whether your old-age pension has been calculated correctly in several ways:

contact the relevant authorities personally or through an authorized representative;
via the Internet;
submit a written application (petition) by registered mail.

Where to go

Checking the accrual of old-age pensions is possible in the following organizations:

Regional branch of the Pension Fund of Russia . You need to come to the customer service and write a corresponding statement. Among the documents you need to have with you, you must have a passport and SNILS.
Multifunctional center (MFC) . Here you will be asked to fill out an application, to which you will need to attach your passport and SNILS.
The bank where your pension is deposited. You need to go to the nearest branch at your place of registration. There you will be asked to write an application to gain access to this service in your personal account. You should have your passport and SNILS with you. Please note that this method is suitable if the bank has an agreement with the Pension Fund of Russia. Such institutions include Sberbank, VTB, Uralsib.
Place of work. To obtain the correct information, you need to contact the accounting department.
Non-state pension funds. Here, when you apply, you will be provided exclusively with information on the funded pension, which you form yourself or your employer does for you.

Application to verify the correctness of pension calculation

When you contact the Pension Fund or MFC, you will be given an application form. It must contain your personal information correctly. Next, ask to check the correctness of the pension calculations made. The specialist must make a note about acceptance of the application, after which it is sent for consideration.

5 days are allotted for this. You must be notified of the results of the inspection in the manner specified in the application. The amount is revised automatically if discrepancies are identified.

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