FEDERAL LAW OF THE RUSSIAN FEDERATION

of March 18, 2020 No. 61-FZ

About introduction of amendments to article 10 of the Federal law "About Non-state Pension Funds" concerning purpose of non-state pensions

Accepted by the State Duma on March 5, 2020

Approved by the Federation Council on March 11, 2020

Article 1

Bring in article 10 of the Federal Law of May 7, 1998 No. 75-FZ "About non-state pension funds" (The Russian Federation Code, 1998, No. 19, Art. 2071; 2003, No. 2, Art. 166; 2013, No. 52, Art. 6975) following changes:

1) in part one of the word "the pension bases established at the time of the conclusion of the specified agreements by the legislation of the Russian Federation" shall be replaced with words "the bases of acquisition by the participant of the right to non-state pension established by the specified agreements according to this Federal Law";

To add 2) with new parts two - the fourth and part five of the following content:

"The right to non-state pension under pension agreements is acquired by the men who reached age of 60 years and the women who reached age of 55 years if other age and (or) other bases granting the right to non-state pension are not established by pension agreements according to parts three - the fifth this Article.

The age granting the right to non-state pension, exceeding the age established by part two of this Article, but not over the age established by part 1 of article 8 of the Federal Law of December 28, 2013 No. 400-FZ "About insurance pensions" on reaching which participants acquire the right to insurance pension on old age can be established by pension agreements.

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