OREANDA-NEWS. October 26, 2012. Private pension fund “Obrazovaniye” and Administration of the city district of Ufa in the Republic Bashkortostan signed an agreement, it says that the fund intents to invest funds of pension deposits into the economics of Bashkortostan. In 2012 the volume of investments will be 500 million rubles, and in 2013 - 1 billion rubles.

The executive director of PPF “Obrazovaniye” Aleksey Filippov said, that this agreement had one more purpose- to inform the citizens of Bashkortostan about the possibility to increase their personal pension deposit. The fund has worked in Bashkortostan more than two years and now has more than 1 500 citizens of the Republic. Now we have already began to pay out non-state pension to the participants of corporative pension programs. Making this agreement means that our service, which we offer our clients has reached high profitability indicators due to the management of pension funds.

Private Pension Fund “Obrazovaniye” was founded in 2001 by the Ural department of Russian Academy of Education and Russian State Professional-Pedagogical University. Fund operates in 25 cities of Russia. The volume of own property by the 1 of July in 2012 overcame 3,3 billion rubles. The number of clients is 180, 000 people. According to the indicators of accumulated income in 2009-2011 the fund takes 6 position among PPF of Russian Federation (according to the report of the company “Pension and actuarial consultations” (Moscow 2012).