Russia

Company Profile One of the largest and oldest actuarial consultancies in Russia, IAAC provides a full range of actuarial services in the fields of compulsory and voluntary insurance, and pensions.  Their lines of business also include research, consulting and IT.  IAAC works with state authorities, insurance unions and companies, enterprises and pension funds in Russia, […]

  Main types of pensions (as of January 1, 2014[1]) “Labor” pension (social insurance pension) Insurance part of labor pensions. All employed persons and self-employed including farmers are entitled to insurance part of labor pension. Pension reform of 2002 introduced three level structure of labor pension. First two pillars were based on PAYG principles and […]