Encyclopedia

Remaining balance on the long-term savings account


The balance of funds in the long-term savings account is the amount of savings contributions, results of placing pension reserves, and sizes of guarantee replenishments of coverage reserves for pension obligations, less accrued periodic payments under the long-term savings agreement, lump-sum payments under the long-term savings agreement, and redemption amounts reflected on the long-term savings account as of a specific date1.

  1. Federal Law No. 75-FZ of May 7, 1998 "On Non-State Pension Funds," as amended on January 1, 2025, Article 3 // Official Gazette of the Russian Federation. 1998. No. 19. Art. 2071. ↩

Laws with commentary

Codes and federal laws