Translation. Region: Russian Federal
Source: Central Bank of Russia –
The number of citizens forming pension savings in non-state pension funds (NPF) decreased by 564 thousand people, to 35.4 million people, according to the results of the first quarter. This mainly happened because NPF clients are actively joining the long-term savings program (LTSP) and transferring their funds there as a down payment.
As a result, the volume of pension savings decreased by 103 billion rubles over the quarter. The number of PDS participants increased by almost 1.5 times over the quarter and amounted to about 4 million people.
In the structure of NPF portfolios, the share of investments in OFZ increased and decreased in money market instruments. NPF income from investment was provided primarily by coupons on debt securities.
Read more in“Review of key indicators of non-state pension funds” for the first quarter of 2025.
Preview photo: Donat Sorokin / TASS
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