71,827 Sverdlovsk Region dwellers transfer pension savings to private funds in 2006

15 June 2007 (11:46)

71,827 Sverdlovsk Region dwellers chose to transfer their pension savings from state to private funds or management companies last year. 96% of those who went for private savings applied for self-regulatory pension funds and 4% selected a management company of some sort.

An interdepartmental committee on private pension savings in Sverdlovsk Region and the regional division of Russian Pension Fund report that 13 private funds kept attracting people’s savings in 2006.


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