How to receive funds invested in NPF Prosperity

Summary

• NPF Prosperity I am a participant and contributor.
• When will payments to depositors of NPF Prosperity begin?
• When will the money be paid to the depositors of the NPF Blagodentstvo?
• I lost my contract with NPF Prosperity, what should I do?
• How to receive accumulated savings in NPF Prosperity.
• When payments are made under the NPF Blagodentstvo, it will soon be 2 years since the license was revoked.
• What to do next to get your money back from the NPF Prosperity.
• NPF Prosperity how to get money back

Questions

1. NPF Prosperity I am a participant and contributor.
1.1. Good afternoon. So we can congratulate you on this, ask your question and get an answer, and if you transfer the question to the VIP category, you will get several answers.

2. When will payments to depositors of the NPF Prosperity begin?

2.1. Hello, Ivan. Payments are being made. Information on the procedure and conditions for making payments can be obtained by calling the hotline: 8-800-200-08-05 and on the Agency’s official website on the Internet.

You need to be on the list of creditors. The liquidator, the Deposit Insurance Agency, has all the information.

3. When will the money be paid to the depositors of the NPF Blagodentstvo.

3.1. Hello, Ivan.

Payments are being made. Information on the procedure and conditions for making payments can be obtained by calling the hotline: 8-800-200-08-05 and on the Agency’s official website on the Internet.

You need to be on the list of creditors. The liquidator, the Deposit Insurance Agency, has all the information.

4. I lost my contract with NPF Prosperity, what should I do?

4.1. Contact the fund branch to resolve this issue.

5. How to receive accumulated savings in the NPF Blagodenstvo.

5.1. Hello! See the terms of the agreement; you must have a copy of the agreement with this NPF. The right to a funded pension arises from the moment the right to an old-age insurance pension becomes available.

6. When payments will be made under the NPF Blagodentstvo, it will soon be 2 years since the license was revoked.

6.1. — Hello, how will payments begin? Everyone will know about this, but in the meantime you should contact the Central Bank of the Russian Federation with this question. Good luck to you and all the best. :sm_ax:

7. How to proceed further to return money from the NPF Blagodenstvo.

7.1. Good day to you. If you want to transfer to a state PF, you need to write an application to the PF at the place of registration. Good luck and all the best.

7.2. You need to write an application to the Pension Fund, it should be written in two copies, and the receiving party must sign your copy.

8. Three years have passed since the arbitration court made a decision on the forced liquidation of NPF Blagodenstvie in connection with the revocation of its license. The Deposit Insurance Agency has not yet satisfied the demands of third-priority creditors. How to get my money back?

8.2. Wait. Because it is impossible to speed up this process. This is bankruptcy. Requirements are satisfied in order of priority. Federal Law of October 26, 2002 N 127-FZ (as amended on December 27, 2018) “On Insolvency (Bankruptcy)” (as amended and supplemented, entered into force on January 1, 2019), Article 16, 134

8.3. According to the Federal Law of October 26, 2002 N 127-FZ (as amended on December 27, 2018) “On Insolvency (Bankruptcy)” (as amended and supplemented, entered into force on January 1, 2019) - the procedure for satisfying creditors’ claims. Wait for your turn.

8.4. Good evening Inessa

You have the right to apply to the Agency with a request for payment of compensation for deposits from the day the insured event occurs until the day the bankruptcy proceedings are completed (see paragraph 2 of Article 50.16 of the Federal Law “On Insolvency (Bankruptcy), and if the Bank of Russia introduces a moratorium on satisfying creditors’ claims - until the end of the moratorium.

In order for individuals who invest their money to have guarantees in case the bank is declared insolvent, the law establishes the principle of mandatory participation of banks in the deposit insurance system (see Article 3 of the Federal Law “On Insurance of Individuals’ Deposits in Banks of the Russian Federation” dated December 23. 2003 No. 177-FZ) Compensation for deposits in a bank in respect of which an insured event occurred is paid to the depositor in the amount of 100 percent of the amount of deposits in the bank, but not more than 700,000 rubles. 5. The right to demand payment of insurance compensation on the deposit arises from the depositor in the presence of the circumstances specified in paragraph 1 of Art. 8 of Federal Law No. 177-FZ: revocation (cancellation) of a bank’s license from the Bank of Russia to carry out banking operations; introduction by the Bank of Russia, in accordance with the legislation of the Russian Federation, of a moratorium on satisfying the claims of bank creditors

8.5. Hello, payment to you must be made in accordance with Federal Law No. 127-FZ of October 26, 2002 “On Insolvency (Bankruptcy)” Article 16. Register of creditors’ claims 1. The register of creditors’ claims is maintained by an arbitration manager or registrar. The powers of the liquidator are exercised by the state corporation “Deposit Insurance Agency”, shake the money from them, the bankruptcy procedure and satisfying the claims of creditors is quite lengthy, you can file a complaint with the Central Bank of the Russian Federation, but this is unlikely to speed up the process, you just have to wait.

9. We have been depositors of the NPF Blagodentsiya with my wife since 2001. We received a letter from the DIA Group of Companies dated September 25, 2018, sent a letter to the liquidator on November 29, 2020, and no payments. We are currently pensioners. They are rude when they call the hotline. Buryatia VSZD PCh-12

Call the DIA and repeat the transmission of information by telegram.

10. NPF Prosperity has become bankrupt, how can I get my money back, which should be paid to me within 5 years, since I have been a pensioner since July 2020? I was told to write a letter to the Deposit Insurance Agency and find out if I am included in the register for payment. Is this really true?

10.1. In accordance with the decision of the Arbitration Court of the Irkutsk Region, the operative part of which was announced on January 16, 2020, in case No. A 19-27545/2018 Open Joint Stock Company Non-State Pension Fund Blagodenstvie (OAO NPF Blagodenstvie; hereinafter also referred to as the Fund ), OGRN 1143800000013, TIN 3808577700, registered at the address: 664011, Irkutsk, st. Rabochaya, 3, bldg. B has been declared insolvent (bankrupt), and bankruptcy proceedings have been opened against him. The powers of the bankruptcy trustee are exercised by the state corporation “Deposit Insurance Agency” (TIN 7708514824; address: 109240, Moscow, Vysotskogo St., 4) (hereinafter referred to as the Agency).

In order to participate in a bankruptcy case, creditors have the right to submit their claims to the Fund within two months from the date of publication of this message in the Kommersant newspaper. The bankruptcy trustee takes into account the received claims in the register of stated claims of creditors, which is subject to closure after the expiration of the above period.

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The claims of creditors included by the liquidator in the register of creditors' claims (hereinafter referred to as the Register) of NPF Blagodenstvie OJSC during forced liquidation are considered established in the amount, composition and priority of satisfaction, which are determined in accordance with Federal Law of October 26, 2002 No. 127- Federal Law “On Insolvency (Bankruptcy)”, and are included in the Register in the bankruptcy procedure.

In other cases, the claims of creditors are sent to the bankruptcy trustee with the attachment of judicial acts or other original documents that have entered into legal force or their duly certified copies confirming the validity of the claims, as well as to the Arbitration Court of the Irkutsk Region and the Fund.

Claims of creditors, as well as other postal correspondence are accepted by the bankruptcy trustee and the Fund at the address: 127055, Moscow, st. Lesnaya, 59, building 2.

When filing claims, the creditor provides information about himself, including last name, first name, patronymic, passport details (for an individual), name, location (for a legal entity), as well as bank details (if available). In addition, it is recommended to indicate the date of birth, postal address, insurance number of an individual personal account (for an individual), TIN (for a legal entity) and contact telephone number (if available).

Information on the progress of bankruptcy proceedings in relation to the Fund can be obtained on the Agency’s official website on the Internet information and telecommunication network (www.asv.org.ru, section “Liquidation of Non-State Pension Funds”) and by calling the hotline: 8-800-200-08 -05 (all calls within Russia are free).

11. NPF Prosperity has closed, the deposit insurance company has still not received funds from the personal deposit. Is it possible to return them without going to court?

11.1. Good afternoon

No, you need to be included in the list of creditors of NPF Blagodentstvo by submitting a corresponding application to the Arbitration Court.

12. I worked at Russian Railways and I had a deposit open, but more than 10 years passed, I accidentally found out about the bankruptcy of NPF Blagodenstvo. I even have a card with a login and password, but I couldn’t log into the site, how can I find out if I have any savings?

12.1. Hello, Natalya Sergeevna. I recommend that you contact the Pension Fund of the city of Irkutsk with your SNILS and passport and find out where your savings are currently located.

12.2. Good afternoon

Natalya Sergeevna, you need to clarify what agreement was concluded with NPF Blagodenstvo: - in Russian Railways on a non-state pension agreement, which was concluded by the employer of Russian Railways in favor of its employees for the formation of a non-state pension for Russian Railways employees; — in the Pension Fund of the Russian Federation about which insurer is taking into account the funds of pension savings for the formation of your funded pension; — and also to obtain information and enter the register of creditors, you should contact the state corporation “Deposit Insurance Agency”, which is the liquidator of NPF Blagodenstvo. Here is the link to the site: More >>>

13. My husband entered into a non-state pension agreement with the NPF Blagodentstvo, which was liquidated in 2020, the application was promptly submitted to the register of creditors’ claims, and in 2020 the husband died suddenly, my wife, at the moment, is being asked to file a claim. to the arbitration court, on the basis of which articles I must indicate in the application,

13.1. Good afternoon

NPF Blagodentstvo is currently not liquidated, but is in the stage of forced liquidation. The powers of the liquidator are exercised by the state corporation “Deposit Insurance Agency”

(TIN 7708514824) (hereinafter referred to as
DIA
) Since your husband is indicated in the register of creditors, and not you as an heir (legal successor),
you need to submit an application to the Arbitration Court in Irkutsk to replace the creditor
and attach a certificate of the right to inheritance according to the redemption amount of the pension agreement concluded between your husband and NPF Blagodenstva. If you do not have a certificate of inheritance of the redemption amount under the pension agreement, you must ask the notary to fill out a request with the DIA and send it to the address: 127055, Moscow, st. Lesnaya, 59, building 2. And only after receiving the above certificate, send an application to replace the creditor to the court.

Since the DIA is located in Moscow, I am ready to help you obtain information from the DIA, including about liquidation procedures and deadlines. Write a message if you need help.

The non-state Pension Fund "Blagosostoyanie" is a long-liver in the market of pension funds for insurance of individuals and legal entities. NPF Blagosostoyanie was established in 1996, and since 1999 it has acted as the single pension insurer for Russian Railways employees.

The fund's pension services have been available to employees in other industries since 2005. Individuals and legal entities are given the opportunity to choose an individual insurance program taking into account the needs of citizens wishing to enter into an agreement with a non-state pension fund.

Watch the report on the corporate pension program of Russian Railways:

What happened to NPF Prosperity

Is bankruptcy at risk?

The current status of the liquidation procedure of NPF Blagodenstvie OJSC is bankruptcy. Forced liquidation began on January 16, 2019, and on January 26, 2019, NPF Blagodenstvie was declared bankrupt.

Conditions for bankruptcy of NPFs

In accordance with the Federal Law “On Insolvency (Bankruptcy)”, a non-state pension fund, or rather its manager, must pay off creditors. To do this, the injured party (individual) had to declare their rights during February - March 2020 (written request for payment in connection with liquidation), which indicated:

• Full Name;
• Date of Birth;
• passport data (no., series, when, by whom it was issued, registration);
• insurance number of the individual personal account;
• mailing address;
• contact number;
• Bank details (if available).

For liquidation payments, also attach the agreement (certified copy) to the application.

Legal entity debtor card

In the Unified Federal Register of Bankruptcy Information https://bankrot.fedresurs.ru there is a debtor card of NPF Blagodenstvie OJSC. Here, as well as on the Deposit Insurance Agency website (see below), you can monitor the situation of liquidation payments (documentation and reporting are posted).

Do Prosperity Non-State Pension Funds pay money to investors?

Yes, liquidation payments are being made (judging by the report of the Deposit Insurance Agency on the website https://www.asv.org.ru/liquidation-npf/379126/). The only question is which queue the depositor will be assigned to.

Where to contact clients of a non-state pension fund whose license has been taken away

If previously claims for payments in connection with liquidation were accepted in Irkutsk and Ulan-Ude, in connection with the declaration of bankruptcy, payments must be addressed to the liquidation commission.

How to get your money back

If you want to withdraw your investments, but for some reason you missed the deadline, I recommend:

• first call and talk to a representative of the liquidation commission;
• prepare the necessary documents (check the list - laws change);
• send mail by registered mail with return receipt requested.

Then call the manager again to check yourself on the list of creditors.

Reliability and profitability of the fund

Over the course of more than 20 years of its financial activity, NPF Blagosostoyanie has shown a high level of reliability. In 2005, the expert Agency assigned the fund an exceptionally high reliability rating. In addition to recognition of the company’s merits from the position of rating agencies, the activities of the NPF were awarded awards in the field of investment and improvement of pension programs. In 2007, the non-profit organization occupied a leading position among non-state pension funds, and in 2020 it tops the rating of 13 non-state pension funds in terms of asset value.

The rating and awards of the NPF are presented in the picture:

Since 2005, the company has been distinguished by a high level of profitability, which in its percentage ratio is close to the level of profitability of the Pension Fund of Russia.

Which is better - NPF or Pension Fund? Read our article on this topic HERE

Services for individuals

The level of profitability of the non-state fund is high due to the large-scale investment of funds from the company’s clients. The NPF offers its potential clients an individual pension program aimed at increasing the income of policyholders by investing deposits. The conditions provided to individuals are adapted to the wishes and capabilities of clients.

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When concluding an agreement with a company, policyholders are given the opportunity to independently control the amount of deposits and the period of their payment. The fund guarantees its clients annual accruals by increasing the company's profitability through investing deposits.

It should be taken into account that the initial payment when concluding an agreement with the company is 10,000. The size of subsequent contributions, as well as the periods for making them, is regulated by the client independently.

Can NPFs be trusted?

Many citizens who have the right to control how their future pension provision will be formed, although they decided to transfer part of the insurance contributions to the funded part, however, left it in the state fund. This position is motivated by many by the fact that savings in the Pension Fund are more secure.

Important! By saving money in the Russian Pension Fund, citizens have virtually no influence on the size of their future pension, since the amount of savings increases (is indexed) only within the framework of inflation.

NPFs propose to increase future pensions through investment income, which is generated as a result of investing pension funds of citizens in various projects (mainly shares and other securities). So is there a risk of losing your pension by forming it in a non-state pension fund?

The answer to this question is somewhat ambiguous. There is no need to worry about the amounts that the employer or the citizen himself transfers to the funded portion. Federal legislation provides for comprehensive measures to control the activities of non-state pension funds. In addition, “pension” money cannot be recovered for obligations of a non-state fund that arose for any reason.

However, the pension is transferred to a non-state pension fund to receive income from investments. No fund can guarantee this. The loss of investment income may well occur due to financial problems of a non-state pension fund, but it is also lost, for example, when moving from one fund to another more often than once every 5 years.

In addition to the accumulation and formation of funded pensions, which occurs within the framework of compulsory pension insurance, NPFs actively enter into voluntary pension insurance agreements. State guarantees of the safety of funds do not apply to these savings. In this regard, there is a risk that in the event of bankruptcy or revocation of the fund’s license, they will be lost.

From the above it follows that NPFs can be trusted and placing the funded part of the pension on their accounts does not imply the risk of its loss. At the same time, the termination of the fund’s activities often causes the loss of investment income and funds placed under voluntary pension insurance contracts.

The most common reason for the termination of the activities of the organizations in question is the revocation of the license, which occurs on the initiative of the Central Bank of the Russian Federation.

List of non-state funds whose license has been revoked

The first non-state pension funds began to appear around the mid-90s, but they did not yet participate in the compulsory pension system. After citizens were allowed to transfer pension savings to NPF accounts, control over the latter’s activities increased significantly. The Central Bank of the Russian Federation annually due to their failure to comply with legal requirements.

The largest organizations that have closed in recent years are:

• "Power";
• "Sun. Life. Pension";
• "Protecting the future";
• "Sunny Time";
• "Adekta-Pension";
• "Povolzhsky";
• Mechel-Fond;
• "Siberian Capital".

The activities of these organizations with revoked accreditation have now been discontinued.

Why can an NPF license be revoked?

For an organization to be deprived of a license to operate within the framework of an OPS, there must be a compelling reason. The Central Bank of the Russian Federation makes a similar decision in the following cases:

• concealment or unreliability of information provided to the regulator;
• lack of sufficient working capital;
• high investment risks;
• violation of legal norms when investing.
• refusal to transfer funds to other non-state pension funds in the event of a corresponding expression of the client’s will;
• placement of assets in credit institutions that do not meet the requirements imposed on them by law.

Reference! When a violation is detected, the Central Bank of the Russian Federation, as a rule, issues an order to eliminate it, and the license is revoked only if it remains unfulfilled.

The Deposit Insurance Agency (DIA) operates a special pension savings guarantee fund. It was created to protect the rights and interests of citizens insured in the compulsory health insurance system.

Each NPF has an obligation to transfer funds to this fund.

If a system participant’s license is revoked, the DIA will compensate the organization’s clients for lost funds.

Thus, the state guarantees the safety of citizens’ pension savings within the framework of the pension fund.

What will happen to savings if the NPF goes bankrupt?

In accordance with the current legal norms, after the revocation of the license, temporary managers are appointed, whose responsibility is to transfer all funds to the Pension Fund of the Russian Federation with the subsequent liquidation of the fund as a legal entity.

The funded pension, from the moment the license is revoked, goes to the Pension Fund. In this regard, the citizen must submit an appropriate application to choose another insurer before the end of the calendar year.

If the client of an unreliable fund decides to leave his savings in the Pension Fund, then he does not need to take any action.

Questions and answers

In 2020, I entered into an agreement with a well-known pension fund to form a voluntary funded pension and regularly deposited funds into my account. Now he's broke, what will happen to my money?

Services for legal entities

NPF “Blagosostoyanie” offers individual programs to legal entities, developed taking into account the characteristics of individual enterprises. The company assumes obligations to finance pension programs.

The agreement with the NPF guarantees preferential taxation for legal entities and exempts them from mandatory contributions to insurance funds.

The Russian Railways corporate system serves as a successful implementation of the mandatory pension program. The management of NPF “Blagosostoyanie” explains the stable payments of corporate pensions within the framework of compulsory pension insurance by the professional conduct of financial activities in the field of investing the deposits of their clients.

Pension programs of NPF "Blagosostoyaniye" are presented in the picture:

Personal Area

The company's clients are given the opportunity to check savings in the accounts of the Non-State Pension Fund "Blagosostoyanie" through remote access. In order to find out the size of your savings , you should register in your Personal Account on the NPF website at npfb.ru.

The right to use the services of the Personal Account is available to policyholders who have entered into an agreement with the company and filled out a form to agree to the terms of the online service. The application form can be downloaded from the company’s official website.

Please note that the client’s signature on the application form must be certified by a notary.

Next, you need to send the completed and certified application form to the NPF branch and wait for a response indicating the password to enter your account. For convenience and to save time, it is recommended to indicate an email address in the form, to which all the necessary information will be sent. The login to enter your personal account will be your pension insurance policy number (SNILS).

Employees of JSC Russian Railways can also find out the size of their savings through their personal account. In order to obtain a password to access online services, simply fill out a form in the HR department of your organization.

Watch a video about the capabilities of your personal account:

Access to remote access services is terminated upon termination of the agreement with NPF Blagosostoyanie.

How to withdraw money?

If you want to terminate the contract with the Non-State Pension Fund “Blagosostoyanie” and withdraw your money, just write an application and indicate the bank account details for the transfer of insurance savings.

Even if the contract is valid for less than 1 year, the fund undertakes to pay out 100% of savings at a rate of 4% of investment income. With longer cooperation with the company, NPF clients can count on 100% of savings plus the actual rate of investment income. Payments of insurance savings are made within 2 months from the date of termination of the contract.

Subject to reaching retirement age, the payment of savings is made in accordance with the conditions specified in the contract.

A calculator for calculating pension payments is available on the fund’s website and looks like this:

Employees making contributions to the corporate pension program should contact the human resources department of their organization to obtain information on termination of the contract and early payment.

When will the third compensation for 1991 deposits be paid?

The amount of compensation depends on the period of storage of deposits and is determined using the following coefficients:

The amount of triple (double) compensation is reduced by the amount of previously acquired preparatory compensation (compensation) and additional compensation for deposits.

The amount and procedure for compensation payments are prescribed in Article 17 of the Federal Law of the Russian Federation of December 3, 2012 N 216-FZ “On the federal budget for 2013 and for the planning period of 2014 and 2020”, which also found that in 2013, 2014 and 2020 years, payment of compensation for people's savings will be carried out on the basis of the Federal Law of May 10, 1995 No. 73-FZ “On the restoration and protection of the savings of people of the Russian Federation.”

For deposits closed between June 20 and December 31, 1991, payments of triple or double compensation are not made.

According to the Federal Law of December 3, 2012 N 216-FZ and the Decree of the Government of the Russian Federation of December 25, 2009 No. 1092, the right to receive compensation for deposits listed as of June 20, 1991 in the accounts of Sberbank of the Russian Federation is granted to citizens of the Russian Federation in the following amounts: