The Ministry of Finance clarified how much pensioners will have to return to the state

The representative of the Ministry of Finance clarified the rules of the one -time payment of pension savings in the new scheme of the guaranteed pension plan (GPP). It is possible that the pensioner will not pay a 13% income tax on all savings, but the pensioner will not receive a full accumulated amount.

What happened

Deputy Minister of Finance Alexei Moiseev clarified to Vedomosti the procedure for the one -time seizure of pension savings. The pensioner will definitely have to return the taxa on the personal income tax, but it is not planned to tax income from investment by analogy with income from deposits. However, this issue is still being discussed.

The fact that with a lump -sum payment of a GPP, the pensioner will have to pay tax was followed by an interview with the deputy chairman of the Central Bank Sergey Shvetsov. “We assume that at the end of the funded phase, a person will have a choice - to get all the accumulations entirely at once by paying income tax, or to acquire a lifelong pension plan,” Shvetsov said Rossiy Gazeta.

What is important to know about the GPP system

The guaranteed pension plan is designed to replace a de facto dismantled funding pension system. The Ministry of Finance published a bill on the GPP for public discussion. Now the department is receiving comments.

The essence of the proposals is to return to the funded pension in real money in addition to the insurance pension, to which the employer deducts 16% of salaries, and the state expects in points.
A GPP participant can accumulate an additional pension in the NPF due to voluntary deductions from the salary in an arbitrary amount. At the same time, he is entitled to a tax deduction from the deduction of 13%personal income tax.
If we take for the calculation of the Sredmoskovsk salary of 86.7 thousand rubles and the deduction rate of 6%, the deduction will be about 8 thousand rubles a year.
It is the return of this amount of the deduction by future pensioners that the state claims.

What's next

The return to the state deduction in the event of a one -time withdrawal of funds is obviously designed to stimulate pensioners to leave the accumulation of the GPP in the pension system. Shvetsov already offered them an alternative - a lifelong pension plan. According to such a scheme, a person himself will conclude an agreement with the NPF, which will give him the best monthly payment, standard - for 15–20 years with the possibility of review and extension.

Even without the removal of GPP deductions, it is unattractive for future pensioners: with a real long -term yield of 3% at the time of retirement of a Muscovite, which began to deduct 6% of the salary of 35 years, will receive only 17 thousand rubles of additional income per month. Such profitability is completely really surpassed by conservative investments in OFZ and shares. True, unlike its own investments, the safety of the funds of the GPP will be guaranteed by the DIA.

The return of deductions at a yield of 3% means that the pensioner actually loses income from five years of work of the NPF.

The GPP scheme remains interesting for people who received large salaries during the period of the old funded system and who have a lot of money in the funded account. The bill prescribes the ability to shift the accumulated on the GPP, although the Ministry of Finance quickly blocked the loophole that allowed these funds to cash out.

You can read more about how the GPP will be arranged here .