Keeping the traditions of respect and care for the older generation the UMMC enterprises are committed to providing the decent life for retired employees. Creating the non-state retirement benefits from the UMMC employee and employer funds the program of non-state retirement insurance is introduced.
In the frame of the basic parity program of non-state retirement insurance the funds are accumulated on the retirement savings account, where one part is managed by the employer and another one is managed by the employee. After the retirement the employee receives money from the account created both by the employer and himself. The payment term for the additional retirement benefit is from 3 years till the end of life.
Moreover, there are programs for valuable employees, promising specialists as well as awarding for labor achievements in the UMMC, when the employer makes installments in favour of the employees’ personal accounts.
The members of retirement fund “UGMK-Perspektiva” are 70 ths. people, including 12.5 ths., who joined the fund in 2008. 5,000 members of the retirement fund receive additional non-state retirement benefits.
In 2008 the retirement reserve fund of “UGMK-Perspektiva” increased in 1.3, and today it accounts for 775.5 mln rubles.
In 2008 the retirement fund “UGMK-Perspektiva” received 276.4 mln. rubles of retirement installments, where 122.1 mln. rubles were transferred by the UMMC enterprises according to the corporate retirement programs, and the rest money was accumulated by way of individual voluntary installments of people, the most part of whom works for UMMC enterprises.
Since May, 2005 all participants of the II World War, who went into retirement from UMMC’s enterprises have been paid monthly a life non-state pension. Today it equals 1260 ths. rubles per month. The companies of the Group bear all the costs for the veterans’ pension. In 2008 18.5 mln rubles were contributed to the non-state II World War veterans’ retirement fund.
The companies of the Group render assistance to their employees in transmitting the retirement cumulative part from the state pension fund to the non-state organizations. In 2008 the retirement fund “UGMK-Perspektiva” signed over 6.3 ths. agreements of the compulsory pension insurance mainly with UMMC staff. Over 48.8 ths. employees have relied on the retirement fund “UGMK-Perspektiva” for serving their cumulative part of the labor pension.
|
