Relevant

In accordance with Decree No. 367 "On voluntary insurance of additional funded pension", starting from October 1, 2022, employed citizens who have at least 3 years left until they reach the generally established retirement age have the opportunity to accumulate additional pension savings with financial support from the state.

How to do it:

-    conclude an additional funded pension insurance contract with the state enterprise "Stravita";

-    choose a pension contribution rate – from 2% to 13% of the accrued salary, of which:

from 1% to 10% - withheld from the employee;

from 1% to 3% - paid by the employer;

-    notify the employer about the conclusion of an additional funded pension insurance contract by submitting an application for withholding an insurance premium, which is to be paid from the employee's funds;

-     determine the payment period for your additional pension – within 5 or 10 years after reaching the generally established retirement age.

Key advantages:

-   financial independence – pension payments will not be limited to the state pension only;

-   personal control over savings – the amount of the monthly insurance premium can be changed depending on the financial situation or temporarily suspended;

-   savings are protected by the state from inflation and are invested in reliable assets, allowing savings to grow faster than with ordinary bank storage;

-   receiving a tax benefit – a tax deduction in the amount of 13% of the amount of insurance premiums paid, which is returned to the employee from the paid income tax;

-   financial discipline – the contract helps to systematically set aside money, turning it into a useful habit;

-   inheritance of pension savings in case of employee's death – lump-sum payment of accumulated funds to heirs.

 

The number of participants in the voluntary insurance program for additional funded pension with state financial support is growing in the Vitebsk region.

853 enterprises and organizations make insurance premium contributions to RUP "Stravita" to the personal accounts of 5,829 employees.

Among the regions of the province, the leaders in terms of the number of employees accumulating additional pension savings are the city of Novopolotsk – (1,759 participants), Oktyabrsky district of Vitebsk city (1,107 participants), Orshansky district – (725 participants), and Polotsky district – (607 participants).

Top 5 enterprises whose employees actively participate in the pension program: OJSC "Naftan", RUP

"Vitebskenergo", OJSC "Polotsk-Steklovolokno", UP "Vitebskoblgaz", Branch of RUP "Belgosstrakh" for the Vitebsk region".

  

Vitebsk Regional Department of the Social Protection Fund of the Ministry of Labor and Social Protection