OREANDA-NEWS  The Ministry of Finance and the Bank of Russia, as part of the strategy for the development of the financial market of the Russian Federation until 2030, have developed a program for long-term savings of citizens, a representative of the ministry said.

According to him, it will allow you to receive additional income after retirement or in case of special life situations — until the pension is appointed.

Long–term savings will be formed at the expense of voluntary contributions, maternity capital, as well as formed funds of citizens in the funded part of the pension (frozen since 2014 - Vedomosti).

Participation in the program will be voluntary. It provides for: co-financing of contributions paid by citizens by the state, which can amount to up to 36,000 rubles per year.;  the possibility of obtaining a tax deduction – up to 52,000 rubles annually when paying contributions to the program up to 400,000 rubles.;  insurance of funds deposited by the state by analogy with bank deposits in the amount of 2.8 million rubles.

The generated funds will be invested in OFZ, infrastructure bonds, corporate bonds and other securities. Citizens will have the opportunity to conclude contracts with several operators to diversify risks. Control over the investment of funds will be carried out by the Central Bank.

Program participants in special life situations will be able to receive the accumulated money in full.

Thus, citizens get access to a tool that allows them to accumulate additional funds for the future — not only for retirement, but also in case of special life situations, the representative of the Ministry of Finance noted. At the same time, they will receive the necessary protection for the safety of the funds being formed, as well as additional financial support from the state, he added.