On imposing ban on NPF to carry out certain operations

The Bank of Russia decided to impose a six-month ban on Non-governmental Pension Fund Mosenergo OPS (PSRN: 1157700016561; TIN: 7736254470):

to enter into new obligatory pension insurance agreements;

to transfer pension savings in trust management of management companies;

to write off funds from pension accounts, excluding write-offs aimed at payment of accumulative part of the pension, payments to legal successors (individuals) and transfer of funds (portion of funds) of maternity benefit due to the refusal of the policy holder from the accumulative part of the pension or in case of the insured person’s death.

This decision is taken due to the fund’s failure to meet the Bank of Russia instruction to remove violations.

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24.12.2015 00.00.00