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ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of October 13, 2012 No. 1041

About approval of Rules of determination of the income (positive results) from investment of means of payable reserve and (or) pension accruals of insured persons which establishes due retirement benefit, for the corresponding year in non-state pension fund

(as amended of the Order of the Government of the Russian Federation of 07.10.2016 No. 1016)

According to part 3 of article 16 of the Federal law "About Procedure for Financing of Payments at the expense of Means of Pension Accruals" Government of the Russian Federation decides:

Approve the enclosed Rules of determination of the income (positive results) from investment of means of payable reserve and (or) pension accruals of insured persons which establishes due retirement benefit, for the corresponding year in non-state pension fund.

 

Russian Prime Minister

D. Medvedev

Approved by the Order of the Government of the Russian Federation of October 13, 2012 No. 1041

Rules of determination of the income (positive results) from investment of means of payable reserve and (or) pension accruals of insured persons which establishes due retirement benefit, for the corresponding year in non-state pension fund

1. These rules establish procedure for determination of the income (positive results) from investment of means of payable reserve and (or) pension accruals of insured persons which establishes due retirement benefit (further - investment income), for the corresponding year in non-state pension fund.

2. Determination of investment income is performed by managing company with which the non-state pension fund concludes the trust management agreement of means of payable reserve and (or) the trust management agreement of means of pension accruals of insured persons which establishes due retirement benefit.

3. The investment income for the corresponding year is calculated in rubles to within kopeks separately on each investment portfolio built according to the trust management agreement of means of payable reserve and (or) the trust management agreement of means of pension accruals of insured persons which establishes due retirement benefit.

4. For the purposes of these rules the corresponding year is understood as settlement period from January 1 (the beginning of settlement period) to December 31 (the end of settlement period) inclusive.

5. If the trust management agreement of means of payable reserve and (or) the trust management agreement of means of pension accruals of insured persons which establishes due retirement benefit became effective during the period specified in item 4 of these rules, the beginning of settlement period is date of the first receipt of funds of payable reserve and (or) pension accruals of insured persons which establishes due retirement benefit, in trust management of managing company according to the corresponding trust management agreement.

6. If the trust management agreement of means of payable reserve and (or) the trust management agreement of means of pension accruals of insured persons which establishes due retirement benefit were stopped terminated) during the period specified in item 4 of these rules, the end of settlement period is date of the last transfer of means of payable reserve and (or) pension accruals of insured persons which establishes due retirement benefit, to non-state pension fund from trust management of managing company according to the corresponding trust management agreement.

7. The size of the investment income determined according to these rules, exceeding zero rubles and zero kopeks is recognized positive result.

8. The investment income for the corresponding year is determined by formula:

                             Д = (SCHA1 - P - + TO 1) - (SCHA0 + TO 0) - (P - IN),

where:

Д - investment income;

SChA1 - the net assets value of investment portfolio for the end of settlement period calculated according to article 36.14 of the Federal law "About Non-state Pension Funds" (further - the Law);

Р - the size of the money necessary for implementation of contributions from investment portfolio to reserve of non-state pension fund on mandatory pension insurance according to the Law on which the non-state pension fund in time specified in Item 10 of these rules in writing informed managing company with which the non-state pension fund concludes the trust management agreement of means of payable reserve and the trust management agreement of means of pension accruals of insured persons which establishes due retirement benefit;

- the size of the money necessary for payment of the guarantee fees by non-state pension fund from investment portfolio according to the Federal Law "About Guaranteeing the Rights of Insured Persons in System of Mandatory Pension Insurance of the Russian Federation during the Forming and Investment of Means of Pension Accruals, Establishment and Implementation of Payments at the expense of Means of Pension Accruals" (further - the Federal Law No. 422-FZ) on which the non-state pension fund in time specified in Item 10 of these rules in writing informed managing company with which the non-state pension fund concludes the trust management agreement of means of payable reserve and the trust management agreement of means of pension accruals of insured persons which establishes due retirement benefit;

K1 - accounts payable size on the amounts of the means planned to transfer according to the Federal Law "About Procedure Financing of Payments at the expense of Means of Pension Accruals" (further - the Federal Law) in non-state pension fund if such amounts of means are included accounts payable when calculating net assets value according to article 36.14 of the Law for the end of settlement period;

SChA0 - the net assets value of investment portfolio for the beginning of settlement period calculated according to article 36.14 of the Law;

K0 - accounts payable size on the amounts of the means planned to transfer according to the Federal Law to non-state pension fund if such amounts are included accounts payable when calculating net assets value according to article 36.14 of the Law for the beginning of settlement period;

П - the cash flow equal to the amount of all means which arrived in investment portfolio according to the Federal Law from non-state pension fund for the corresponding year;

In - the cash flow equal to the amount of all means transferred from investment portfolio according to the Federal Law to non-state pension fund for the corresponding year, including the means transferred for payment of the guarantee fees according to the Federal Law No. 422-FZ and implementation of allocations to reserve on mandatory pension insurance according to the Law.

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