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 government of the Russian Federation decides:

1. Approve enclosed:

the investment declaration of the state-owned managing company means of payable reserve according to which investment of means of payable reserve is performed;

the investment declaration of the state-owned managing company means of payable reserve according to which investment of means of pension accruals of insured persons which establishes due retirement benefit is performed.

2. This resolution becomes effective since July 1, 2012.

Approved by the Order of the Government of the Russian Federation of June 4, 2012 No. 550

The investment declaration of the state-owned managing company means of payable reserve according to which investment of means of payable reserve is performed

1. This document according to article 27 of the Federal law "About Investment of Means for Financing of Funded Pension in the Russian Federation" determines requirements to the purposes of investment of the means of payable reserve transferred by Fund of pension and social insurance of the Russian Federation of the state-owned managing company means of payable reserve according to the trust management agreement of means of payable reserve, structure and structure of investment portfolio of payable reserve of the state-owned managing company of means of payable reserve (further - investment portfolio).

2. The purpose of investment of means of payable reserve is their surplus.

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