Is It Possible To Cash Out The Funded Part Of The Pension

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Is It Possible To Cash Out The Funded Part Of The Pension
Is It Possible To Cash Out The Funded Part Of The Pension

Video: Is It Possible To Cash Out The Funded Part Of The Pension

Video: Is It Possible To Cash Out The Funded Part Of The Pension
Video: 🔴Pension Withdrawal Process | Employee pension scheme 1995 की इन बातों का ध्यान रखें 2024, December
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Recently, Russian pensioners can get their hands on pension savings at a time. To do this, they will need to apply with an application to the appropriate government agencies.

Is it possible to cash out the funded part of the pension
Is it possible to cash out the funded part of the pension

Citizens who are just going to apply to the Pension Fund for the appointment of a pension can also draw up an application in order to get their hands on the funded part of their pension at a time. In order to receive such a payment, a person must have the right to assign a retirement pension or must already be a pensioner. Another prerequisite is that a person must have pension savings. That is, the employer in a certain period had to make deductions from wages to the funded part of the pension.

Women who were born in 1957 and men who were born in 1953 are entitled to the payment of pension savings. Depending on the fund in which the pension savings are located, the procedure for receiving funds will differ.

How to get savings deposited in the state pension fund

If you want to receive savings that are deposited in the state pension fund, you must contact the branch of the pension fund in the city where you live. To do this, you will need a passport and SNILS. The FIU specialist will ask you to fill out an application form and sign it. This completes the application procedure.

The pension fund specialist who will accept your application will tell you the approximate timeframe for receiving the payment. It comes to the personal account along with the next pension payment. Previously, a document will be sent by mail notifying that the payment has been scheduled. The payment will be made approximately within a month after the date of the decision.

How to get savings placed in a non-state pension fund

When placing pension savings in an NPF - a non-state pension fund - the procedure will be as follows. On the website of the fund, where your pension savings are posted, you need to find a sample application for receiving payments. All columns must be filled in, but not signed. After that, with a statement and a passport, go to the notary. There they will certify your signature on the application and make a certified copy of your passport. Send these documents by registered mail with a notification to the address of the non-state pension fund, which contains your pension savings.

Further, the procedure will be the same as when contacting the FIU. Some time after contacting you will receive by mail a decision on the appointment of a lump sum payment. After that, you just have to wait for her.

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