Types of pension Deposit

Types of pension depositone of the oldest and most promising deposits is a pension Deposit. The pension contribution inherited from the Soviet accumulative system has been developed in three directions:

The first direction is a continuation of the Soviet funded system, which resulted in a special and the most widespread group of deposits. A pension Deposit, which implies that the depositor has a certificate of retirement age, is a regular Deposit with a fixed closing date and an accrued interest rate. This type of Deposit implies the absence of any additional operations, except for the initial payment of funds. The minimum initial payment depending on the Bank varies from 1000 rubles. Continue reading →