Post by habiby on Sept 12, 2023 8:43:57 GMT -2
The peculiarity of the functioning of non-state pension funds is that they pursue the main goal of making a profit. Because of this, they invest their clients’ pension assets in projects with varying returns. Often, the profitability of non-state structures exceeds the performance of the Pension Fund by an order of magnitude. Plus, in commercial structures the element of bureaucracy is minimized, which significantly increases the flexibility of the organization and allows it to place greater emphasis on increasing available resources.
Non-state pension funds are subject to mandatory control. It is carried out by such structures as:
Central Bank;
Tax Service;
Accounts Chamber;
.
In view of this, in general, the work of commercial funds remains reliable and efficient. This is supported by the fact that the state has set a limit regarding the use of resources Phone Number List concentrated in them. NPFs cannot withdraw more than 15% of available assets for their own needs, while the Pension Fund has the right to spend at least all the funds accumulated in its accounts.
There are no special recommendations regarding how to receive a lump sum funded pension from a non-state pension fund, because... the process is completely identical to the issuing algorithm existing in the Pension Fund. Is it worth thinking about long-term retirement at all ?
Procedure for receiving a lump sum pension payment
If the applicant for a one-time payment provides the entire package of necessary certificates, then the fund’s employees will have no grounds for refusal. After receiving approval, the person will need to choose how he plans to receive his funded pension all at once. It could be.
Non-state pension funds are subject to mandatory control. It is carried out by such structures as:
Central Bank;
Tax Service;
Accounts Chamber;
.
In view of this, in general, the work of commercial funds remains reliable and efficient. This is supported by the fact that the state has set a limit regarding the use of resources Phone Number List concentrated in them. NPFs cannot withdraw more than 15% of available assets for their own needs, while the Pension Fund has the right to spend at least all the funds accumulated in its accounts.
There are no special recommendations regarding how to receive a lump sum funded pension from a non-state pension fund, because... the process is completely identical to the issuing algorithm existing in the Pension Fund. Is it worth thinking about long-term retirement at all ?
Procedure for receiving a lump sum pension payment
If the applicant for a one-time payment provides the entire package of necessary certificates, then the fund’s employees will have no grounds for refusal. After receiving approval, the person will need to choose how he plans to receive his funded pension all at once. It could be.