National Non-State Pension Fund and OJSC Bank ZENIT signed agreement on rendering of agency services by the Bank to NNSPF on conclusion on behalf of NNSPF of pension agreements at the Bank's outlets
17 April, 2008
The National Non-State Pension Fund and the Bank ZENIT signed an agreement whereby bank clients may select a private pension program that meets their individual needs and effect a pension agreement right in a Bank outlet. For the time being this can only be done in a bank outlet in Moscow and Moscow Oblast, with time the agreement will cover ZENIT's entire branch network. All of the Fund's programs share the same ultimate goal, i.e., they seek to enable individuals to create extra pension capital; but every program targets a distinct social group:
- «Initsiativa» (Initiative) is for young employed individuals; based on long-term accumulation of capital, it is a way to generate a fairly large pension capital through small-sized pension contributions;
- «Semeinaya» (Family) targets married couples seeking to create family pension capital;
- «Zabota» (Care) is a gift program that targets pre-retirement and retiree family members;
- «Nachalo» (Beginning) offers the first step in the formation of pension capital for children;
- «Dostatok» (Well-Being) targets mature employed individuals.
The Fund also offers two special-purpose pension programs: «Zolotoi Vek» (Golden Age) and «Serebryany Vek» (Silver Age). Both are designed for high net worth individuals and contain unique service options.
This wide selection of pension programs offers quite a choice - from a personal pension program to an exclusive gift in the form of a non-government pension for a family member. With a flexible system for formation of non-government pensions, one can choose the size of pension contributions, payment intervals, the periods while contributions are paid and ultimately, pension size.
FOR REFERENCE:
The National Non-State Pension Fund (www.nnpfond.ru) is one of Russia's major intersectoral non-state pension funds. Set up in 1997, it is one of the top ten non-state pension funds in the country. The Fund offers corporate and individual non-government pension programs. It also collects contributions to funded pensions and pays funded pensions under mandatory pension insurance rules. The Fund's assets exceed 8 bn. rubles. The Fund services over 260,000 of participants in various programs and insured persons.
OJSC Bank ZENIT is one of the country's 25 leading private finance and credit institutions in terms of assets, profit and equity (according to Rosbusinessconsulting and Expert RA Rating Agency). Provision of integrated corporate banking services is one of its core areas of operations. Bank ZENIT is actively involved in development and promotion of retail services, and offers its individual customers the full range of banking programs, including deposits, mortgage, consumer and car loans, bank cards, and safe deposit boxes. The Bank also has strong positions in the market for investment and private banking services. Bank ZENIT is rated by international rating agencies at Ba3/Stable (Moody's) and B/Positive (Fitch).
Press service of the National Non-State Pension Fund
Phone: +7 (495) 223-27-53, +7 (495) 223-27-54,
e-mail: nnpf@nnpfond.ru
Bank Group ZENIT's Press Service
phone: +7 (495) 937 07 37, +7 (495) 777 57 07,
e-mail: info@zenit.ru
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