How to calculate the funded part of pensions

In 2002 was the pension reform, mainly for future retirees. For them, the pension will be formed from two main parts: insurance - the bare minimum provided by the state, depending on seniority and cumulative. The second part of the pension will be formed from private pension contributions of a person. And in order to properly dispose of this part of the pension, need to know how to calculate.

You will need

• - a letter of notification from the pension Fund;
• - data on employment and wages.

Instruction

1. Determine if you are eligible for the calculation of the cumulative part of pension. It is formed only on men born in 1953 and younger and women born in 1957 and younger. The rest of the citizens pension will be based on the old rules, as the current retirees.
2. If you are in the right age category, in accordance with the previous step, take the last letter you received from the pension Fund. They are sent once a year in the spring or summer to your address upon registration. Letters should come anyone who works or has worked, so if you don't deliver, ask for clarifications to the pension Fund at the place of residence.
3. Find it in the letter information about your funded pension. There should be specified two amounts - accrual for the current year and the total amount on the pension account for all the years. You will need the latter amount.
4. Click the "retirement calculator" to calculate payments to you in the future. You can find it on any site of non-state pension Fund, for example, on the sites of "Gazfond" and Fund "LUKOIL Garant". It does not matter what Fund your pension - all calculators operate by the same mechanism.
5. Open the selected calculator and enter the following - your gender, age, current amount of savings on the pension account, taken from the letter of the pension Fund, length of service and average salary. Also, indicate the average yield of the pension Fund in which your pension. This information can be found on his website. If you have not disposed of their money, they were automatically transferred to state pension Fund under the management of Vnesheconombank. In this case, the return on your pension savings amounted to 7% in 2010.
6. Providing all the required information, click on the "Calculate" button. The calculator will give you information about how much money you have accumulated for all time to retirement, and what will be your monthly accumulative part of pension. These data are indicated without taking into account inflation.