The Finance Ministry said details of the draft law On the new system of voluntary pension savings. in a press-service of the Ministry stressed that the working title of the document - the " guaranteed pension product." He was sent for approval to the Ministry of labor. It is noted that one of the main elements of "guaranteed pension product" - only for a voluntary joining of people to the system savings. in addition, the government guaranteed the safety of long-term pension savings, savings accounts Residents are required to register with the Central administrator for business plans to introduce tax incentives for Residents and tax deductions. the Finance Ministry added that during the new system, Russian citizens will be able to attach to the guaranteed pension product savings from mandatory pension insurance. "The main purpose of this bill - the development of the state system of guaranteeing the security of voluntary pension savings of the Residents, establishing incentives for how to create similar savings by employees, and for the development of corporate pension programs," the report says. before the financial authorities have developed a concept of individual pension capital (PKI), the key difference between the new mechanism must be that the savings are the property of the Residents. Was expected to be formed and stored IPK will be in the commercial pension funds, where citizens could send funds both through employers and on their own. Start-up capital, according to the concept, could be the funds accumulated before, during contributions to the funded part of pensions under the old mechanism. 1st Deputy Prime Minister and Minister of Finance Anton Siluanov had previously stated that he hopes to launch the mechanism IPK 2020. Deputy Finance Minister Alexey Moiseev told reporters at the end of summer 2019, the Ministry of Finance and the Central Bank in early autumn will present a new model to retirement savings, known as the PKI, as was planned before, it will not. <span style="color:darkgray