Vladimir Putin signed a Law extending the freeze of the cumulative part of the pension Until 2020. The document is available on the official portal of legal information. The law will take effect from 1 January. before he was accepted by the State Duma and the Federation Council. Authorities believe, because it will give the opportunity to reduce the transfer of mandatory pension insurance from the state budget to the budget of the Pension Fund in 2020 to 551, 3 billion. Prior to that, citizens could dispose of them on their own, guide them to form their own retirement savings or to pay to the insurance part, increasing the score to calculate their insurance pensions. last year the freezing of pension savings extended To 2019. analysis of the commercial Association of pension funds due to these measures, by 2020 the Russian economy will lose six trillion rubles. at a big press conference, Putin said that the Russian Federation "will be able" to pay pensions, even if the number of pensioners will increase. In the pension system "will not have a catastrophic situation," drew the attention of the supervisor.