Non-government pension Fund "OTP Pension" is a reliable way of accumulating funds to provide additional non-state pensions. The Fund's goal is to preserve your savings from inflation and their effective accumulation due to the investment. Non-state pension funds give you the opportunity to take care of your future and save money for a dignified and secure retirement.
Conservative investment strategy and maximum diversification funds is a priority for the "OTP Pension" and, at the same time, the key to reliability of investments. This approach involves the use of a large number of different financial instruments with a predominantly low level of investment risk that meet the criteria of the system of risk management of OTP Group.
In addition, NPF is a nonprofit organization and can not be declared bankrupt, followed by termination of liability to its members. Protection of savings is assured by strict monitoring of the activities of the fund and service companies on the part of the state and special legislation, which involves additional levels and mechanisms of protection:
The investor makes voluntary contributions to individual pension account of the member. There are no requirements regarding the frequency or amounts of contributions. Contributions are accumulated and grow due to investment returns. Upon reaching retirement age, the member receives a pension. During the period of payment the funds also continue to work to generate investment income.
In order to become a member in the pension fund, one must enter into a pension contract. The contract may be concluded for yourself or for relatives, including children. There are no age restrictions for the membership in the Fund.
Documents for the conclusion of the pension contract
If you conclude a pension contract for the benefit of your relatives, besides your documents, you need to provide the documents of the relatives. For minor children, in addition to documents of one of the parents, you need to provide a birth certificate and personal tax identification number of the child.
See the contract template and the Charter of the Fund in the section "Documents of the Fund".
In order to begin receiving pension payments, the member must sign a separate agreement on payments. This agreement is concluded at any time upon the occurrence of certain age set by legislation (now it is equal to 50 years).
If the member receives a one-time payment, the member submits only the application for a lump sum payment.
For questions about registration of payments, please contact the Administrator of the Fund "ACPA":
04080, Kyiv, Kyrylivska Street, 40. Tel: (044) 537-66-57, firstname.lastname@example.org, www.acpo.com.ua