What category of Russians expect a decrease in payments
An expert on pension payments Natalia Feofanova said that from payments that are transferred to non-state pension funds (NPF), Russian employers withhold personal income tax (PIT) – 13%, writes DEITA.RU.
The specialist noted that pensions paid from the state budget are not taxed, but in the case of transfers to NPFs, this is permissible. This is possible only when the employer does it by agreement with the employee, Feofanova shared the details.
The expert warned that when a person goes on a well-deserved rest and decides to spend the funds accumulated in the appropriate way, tax will already be taken from them, and additional fees will not have to be paid.
At the same time, transfers to non-state pension funds will not be subject to income tax if the contract with the NPF is concluded by an individual and contributions there are transferred to them.
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