Document from CIS Legislation database © 2003-2022 SojuzPravoInform LLC

ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of October 15, 2012 No. 1047

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 the Pension Fund of the Russian Federation

(as amended on 07-10-2016)

According to part 3 of article 12 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 the Pension Fund of the Russian Federation.

 

Russian Prime Minister

D. Medvedev

Approved by the Order of the Government of the Russian Federation of October 15, 2012 No. 1047

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 the Pension Fund of the Russian Federation

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 the Pension Fund of the Russian Federation.

2. Determination of investment income is performed by the state-owned managing company means of payable reserve with which the Pension Fund of the Russian Federation 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.

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 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 are 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 the state-owned managing company of means of payable reserve according to the corresponding trust management agreement or date of the first receipt of assets according to Item 18.2 of article 18 of the Federal law "About Investment of Means for Financing of Funded Pension in the Russian Federation" (further - the Law).

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 assets according to Item 18.2 of article 18 of the Law of again appointed state-owned managing company means of payable reserve 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 the subitem 7 of Item 1 of article 12 of the Law;

Р - the size of the money necessary for implementation of contributions from investment portfolio to reserve of the Pension Fund of the Russian Federation on mandatory pension insurance according to the Law on which the Pension Fund of the Russian Federation in time specified in Item 9 of these rules in writing informed the state-owned managing company means of payable reserve with which the Pension Fund of the Russian Federation 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 the Pension Fund of the Russian Federation 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 Pension Fund of the Russian Federation in time specified in Item 9 of these rules in writing informed the state-owned managing company means of payable reserve with which the Pension Fund of the Russian Federation 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 for Financing of Payments at the expense of Means of Pension Accruals" (further - the Federal Law) in the Pension Fund of the Russian Federation if such amounts of means are included accounts payable when calculating net assets value according to the subitem 7 of Item 1 of article 12 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 the subitem 7 of Item 1 of article 12 of the Law;

Warning!!!

This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.