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Corporate pension system

Corporate pension system
The increased lifespan of current and future retired employees has key importance in the Group’s social policy.

Non-state pension provision, which is adminstered by the non-state pension fund “Blagosostoyanie” provides Russian Railways personnel with the opportunity for a desirable lifestyle after retirement.

Total amount of the Russian Railways corporate pension system participants-depositors is 644.6 thousand people (71.5% from overall number of company personnel), 260.5 thousand of whom are currently receiving their pension.

Non-state corporate pension is provided to 260.5 thousand people. The average pension awarded in 2013 was 5,595 RUB.

Key indicators of non-state pension provision to Russian Railways

* Calculation is based on payments given to all participants-depositors since corporate pension system operation began