INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of April 20, 2020 No. 5446-U

About modification of the Instruction of the Bank of Russia of October 31, 2018 No. 4954-U "About procedure of payments of current value of the assets and net assets value making pension accruals, the procedure and terms of calculation of asset cost constituting pension reserves and aggregate value of pension reserves of non-state pension fund"

Based on the paragraph of the fifteenth Item 1 of Article 14, the paragraph of the eighteenth subitem 1 of Item 3 of Article 34, the paragraph of the eighth Item 1 of article 36.14 of the Federal Law of May 7, 1998 No. 75-FZ "About non-state pension funds" (The Russian Federation Code, 1998, No. 19, Art. 2071; 2003, No. 2, Art. 166; 2018, No. 31, the Art. 4858) and the subitem 7 of Item 1 of article 12 of the Federal Law of July 24, 2002 No. 111-FZ "About investment of means for financing of funded pension in the Russian Federation" (The Russian Federation Code, 2002, No. 30, Art. 3028; 2018, No. 18, Art. 2557):

1. Bring in the Instruction of the Bank of Russia of October 31, 2018 No. 4954-U "About procedure of payments of current value of the assets and net assets value making pension accruals, the procedure and terms of calculation of asset cost constituting pension reserves, and aggregate value of pension reserves of non-state pension fund", registered by the Ministry of Justice of the Russian Federation on November 28, 2018 No. 52816, the following changes.

1.1. Add Item 5 with the words "with observance of requirements of this Instruction".

1.2. Item 14 after the words "except for" to add with words "case, the stipulated in Item 19.1 presents of the Instruction,".

1.3. Add with Item 19.1 of the following content:

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