Non-Governmental Pension Fund

The non-governmental pension coverage for the employees is one of the most important areas of the PJSC TATNEFT’s social policy.

The basis of the PJSC TATNEFT’s pension program is the principle of social partnership, in accordance with which the Company and its employees shape the future corporate pension through joint efforts on an equal footing.

In the frame of the Company's pension plan there are three pension schemes allowing each employee of PJSC TATNEFT to form one’s own pension capital.

The first pension scheme is guaranteed or basic (minimum), which provides a corporate pension for each employee, who has worked for the Company for at least 10 years.

The second pension scheme is stimulating. In accordance with this scheme, PJSC TATNEFT forms the pension for each employee by the base model, but the employee may join the pension scheme and form the pension capital on a parity basis with the Company to increase the pension amount. In this case, the Company’s pension contribution in favor of the employee increases.

The employee is included into the first and the second pension schemes 15 years before the pension qualification age.

The third scheme is voluntary, based exclusively on an equal footing. Any employee of PJSC TATNEFT, regardless of the length of service and age, may jointly with the Company accumulate funds for future retirement pension.

Another area of the PJSC TATNEFT activity in the pension provision is attracting the Company’s employees' to active participation in the Russian pension reform, especially in the formation of the funded component of the retirement pension and joining the state program of the pension savings co-financing. Today, practically all the Company's employees have chosen their insurers for mandatory pension insurance.

The main partner of PJSC TATNEFT for the implementation of the corporate pension program is the JSC National Non-governmental Pension Fund (NNPF).

The National Non-Governmental Pension Fund has been successfully operating at the pension market for more than 18 years and it is among the top 20 largest Russian non-state pension funds in Russia. Founders of the Fund, currently the Fund’s shareholders, never changed. The Fund was established the largest industrial and financial organizations: PJSC TATNEFT, PJSC "Nizhnekamskneftekhim", PJSC "Kazanorgsintez", PJSC ZENIT Bank and others.

The Fund has an exemplary professional reputation, confirmed by exceptionally high (the highest) level of reliability A ++ of the "Expert RA" rating agency. Fund’s Own assets of exceed the amount of RUB 31 billion.

Since 2015 the investment funded pension has been guaranteed by the State. The Deposit Insurance Agency (DIA) carried out registration of Fund under No. 17 in the Deposit Guarantee System based on the decision of the Central Bank of Russia. Thus, accumulated pension deposits of rhe Fund’s clients have the state guarantee of safety.