Encyclopedia

Savings contribution


Savings contribution — monetary funds paid by the depositor in favor of the participant in accordance with the terms of the long-term savings agreement, as well as a one-time contribution and an additional incentive contribution. Under a long-term savings agreement concluded in the depositor's own interest, monetary funds paid by the employer of such depositor in his favor are also considered as savings contributions1.

  1. Federal Law No. 75-FZ dated 07.05.1998 "On Non-State Pension Funds", amended on 2025-01-01, Article 3 // RSZ RF. 1998. No. 19. Art. 2071. ↩

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Codes and federal laws