ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of July 24, 2019 No. 956

About introduction of amendments to some acts of the Government of the Russian Federation concerning investment of means of pension accruals

The government of the Russian Federation decides:

Approve the enclosed changes which are made to acts of the Government of the Russian Federation concerning investment of means of pension accruals.

Approved by the Order of the Government of the Russian Federation of July 24, 2019 No. 956

Changes which are made to acts of the Government of the Russian Federation concerning investment of means of pension accruals

1. Item 5 in paragraph one (1) the investment declaration of investment portfolio of government securities of the state-owned managing company approved by the order of the Government of the Russian Federation of October 24, 2009 No. 842 "About enhancement of procedure for investment of means for financing of funded pension in the Russian Federation" (The Russian Federation Code, 2009, No. 44, Art. 5239; 2018, No. 14, of the Art. 1971), the words "10 percent" shall be replaced with words "40 percent".

2. In the order of the Government of the Russian Federation of June 4, 2012 No. 550 "About approval of investment declarations of the state-owned managing company means of payable reserve" (The Russian Federation Code, 2012, No. 24, Art. 3187; 2018, No. 14, Art. 1971):

a) Item 10 in paragraph one (1) the investment declaration of the state-owned managing company means of payable reserve according to which investment of means of payable reserve is performed, approved by the specified resolution, the words "10 percent" shall be replaced with words "40 percent";

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