Translated material
Pension bank
A pension is money, an asset created by today's retirees and supported by the working population. Which structure can best preserve and increase capital? Bank.
We live in a capitalist system, and the pension fund works according to a socialist one. All attempts to integrate incompatible systems into each other end in failure.
It is necessary to abolish all ineffective funds that do not increase, but spend these assets ineffectively. Instead, a state bank is created, but with special rules.
Everyone pays the statutory percentage of their salary to this bank. Any person has access to the account, sees the amount of savings, but does not have the opportunity to withdraw this money before retirement age. The state can only transfer money to this bank; it has no right to take it away or dispose of it. The Pension Bank provides loans to the population and small businesses. It is prohibited to invest bank money in projects that do not generate profit. A person who takes out a loan from a pension bank is responsible for not repaying it with his pension. The loan is issued only to Russian citizens who have an account with this bank. The loan amount may depend on the amount of savings.
Example: I took out a loan of 10,000 rubles from a pension bank and did not return it. At the time of retirement, this amount is debited from my account to which the payments were made until it is fully repaid. After repayment, I begin to receive a pension. (assuming I paid royalties)
The bank must increase the funds received into the account. All operations must be profitable. Bank employees are also responsible for their actions with a pension (Did you cheat? Until you pay, you sit without a pension). Loans issued by the bank must be limited in amount, for example no more than 3 million. A person who has not contributed funds to the bank is not a pension recipient. (Except for certain groups, such as disabled people, the state contributes money for them, which is multiplied) All loans and creditors must be insured.
Let people take out loans for cars, apartments, phones, etc. In any case, the interest on the loan will be higher than inflation, which means that pension savings will only increase. Anyone can put any amount into their account, but they can take it back only when they reach retirement age. The pension is calculated depending on the contribution and activity (activity in the plan, took loans from this bank, invested funds), even a schoolchild can calculate the coefficient. Minor children who have lost a breadwinner who was a resident of the bank receive a pension from his account.
The bank's shareholders are all its residents. They influence the bank’s activities through universal electronic (and maybe paper) voting. Example: Where to spend excess profits? For payments or for the purchase of assets, etc. No “social” projects: assistance to victims, construction projects of the century...
The state can pay citizens an additional state pension. Or transfer it to a pension bank account.
A pension bank can create a reserve fund, but only if the bank's profit is higher than inflation and the shareholders vote for it. You are only allowed to purchase “eternal assets,” such as gold or land. The bank's activities must be transparent.
Pension funds should not lie dead weight. They must lend to the economy and the population. Funds must be multiplied. Only the banking structure can cope with this task. No officials - redistributors, only commerce.
Motivation to take out a loan from a pension bank
1. I take out a loan, thereby helping today’s pensioners
2. I take out a loan and my activity will have a beneficial effect on my pension
Motivation to invest additional funds into a retirement account
1. If something happens to a resident, his (minor) children will receive his pension account.
2. Money invested today will multiply in the future.
Fraud protection - The borrower who does not repay the loan is responsible with his pension.
The salary of bank employees should be linked by a coefficient to the average pension. For example, an ordinary employee - 1.5 pensions. Manager 10 pensions. If you want to earn more, work more efficiently.