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Published: May 4th, 2016

It became known that the Finance Ministry and the Central Bank prepared the modernization of the pension system in relation to the funded part. For a discussion is offered the "decision of injustice", related to the fact that the accumulation is not yet recognized as the property of the citizens; also stated that the cumulative system, allegedly did not justify itself, it will be abolished. But there are a few "buts".

It is expected that citizens will be able to dispose of accumulated funds in person only in exceptional circumstances, and even then - not the entire amount.

It is also said that the savings will still be, but not to the FIU system and directly into SPF and the new storage will be not entirely voluntary. So, now all running will by default "subscribe" to participate in a funded system, and only then will be able to reduce participation in the savings to zero. And there is no more decisions about how long to allow not to deduct in the accumulation of funds to those who refused, there are proposals to necessarily start over deducting them after five years.

But the declared "not justified" funded system has brought the state a lot of money, which it froze and does not want to give way. Now it is understood that the storage system will be abolished, but actually continue in another form. Nakanune.ru tried to understand what lies behind these proposals, in a conversation with an economist, former Deputy Chairman of the Accounts Chamber of the Russian Federation, expert of the Moscow Economic Forum Yuri Boldyrev.

QUESTION: How do you assess such changes in the pension system ?

YURI BOLDIREV: On this occasion I have two thoughts - good and bad. If you are forced to defer a portion of your money and give it to financial speculators, but still recognize that it is your property, which had not been done - that's good news. The bad news is that the forcible seizure of the means of citizens in favor of financial speculation (that is, funds that will inevitably depreciate another 10 times by the time, as citizens will go to retire) is under the guise of alleged pension scheme - in fact the feeding of parasites and compulsory withdrawal of our financial resources in favor of lenders and speculators continues.

QUESTION: It would seem that the economic situation is not the best, so that is something else to reform, but nevertheless, such initiatives have - there are serious problems?

YURI BOLDIREV: I think that this is nothing more than an attempt to sweeten the pill before the election, because many pay attention to the absurdity of the situation, when you have your own money seized from you, however, they are not called yours. This reform, essentially, does not change anything. In fact, what does it matter, whether it is considered yours or not yours - if your hands still does not reach it, and someone arbitrarily dispose of it not in your best interest.

The only way in the modern world to manage your money in your own interests - is to invest in the development of the country. Any attempt to build up in some tricky financial instruments is doomed to failure because such tools in the world does not exist. All global world financial system is built so that nobody could find no reliable tool for saving their financial resources. The great minds and great capital works for it.

QUESTION: There is speculation that the new system will be especially interesting for people who have income much above average - it is an attempt to push the interests of the rich?

YURI BOLDIREV: Hardly, because wealthier people prefer to look for themselves in what to invest - whether to invest in money, whether in real estate, whether in health of children and grandchildren. That is, the wealthier a man is, the less he relies on the fact that the state mechanisms or supervised by the State moneylenders and speculators do something to his advantage. No one should rely on this.

QUESTION: Whether a principle that what the citizen accumulated is his property is used in other countries?

YURI BOLDIREV: To my knowledge, this is the principle used in European countries. It is a general principle - if this is your accumulative part, then this is definitely your property. Another thing is that the very idea of organized by force governmental funded part is initially flawed.

QUESTION: Is there a danger of loosing the accumulated?

YURI BOLDIREV: The danger is always there, it depends on how the country will develop. Here we have the ruble brought down 2.5 times now , there is no guarantee that it will not hurl back in 2 times, and then another. Here are these key concepts that are not - and if not, then there is no means of preserving the purchasing power of what is now being forced to pay these speculators. This is the main danger.

QUESTION: That means that everything should be removed all at once and spend in order for money not to depreciate?

YURI BOLDIREV: In this case, the property right is not entitled to relief. The main thing - that nobody would not allow the opportunity to take and pick up all the money. From the fact that they are beginning to call the property, it does not mean that you have the right to remove them. What is somewhat contrary to the idea of freedom for a citizen to dispose of his property .

Either the state should not be entitled to force you to accumulate your money at some parts and send to someone, or the state must ensure that the money will not lose purchasing power. But it is not.

Firstly, it is not written in Constitution that the main task of the state is to ensure the preservation of the purchasing power of your savings, so, in principle, even in theory, no one is going to guarantee the preservation of the purchasing power of your money. And secondly, after all there is always where to direct our thoughts - whether we will send them out to strengthen the country, or send out to compete with each other in a "zero-sum game" (wins lone someone and no more than there is in the bet- editor's note)..

QUESTION: And how do you feel about the fact that all new employees will be "subscribed" to participate in a funded system by default?

YURI BOLDIREV: I am a categorical opponent of the citizens to be forced to participate in the speculative game. It is wrong in principle, not to mention the fact that all sorts of arguments that soon we will have too few workers per pensioner - it's all lies and deception.

The fact is that if we were forced to save butter, cheese and eggs, and they could be stored in the freezer - it would have had a physical meaning. But we are forced to save the "wrappers". And the eggs, butter and cheese we will get as much as our grandchildren will make - they are only those eggs, butter and cheese will be redistributed among us, how many they will decide for themselves, no matter how many wrappers we saved. It is necessary for people to understand this important point. And the whole concept of funded pension is based on the fact that as we increase the number of its accumulation of future oil, cheese and eggs. It's a lie. We just being driven in a dead end.

These innovations does not change anything. If we change the rules of the speculative game, but will not lead them to play a productive, it is all the same, no matter what the rules of speculative games are. I'll try not to play it, because the appearance of activity - does not work.

QUESTION: And why a lot of important topics were touched with reforms this year - roads, privatization, social programs, and now the pension?

YURI BOLDIREV: Many of the reforms are covered by lack of money. For example, all of the privatization program - it's all the plans that are currently issued for "forced due to lack of funds", but in fact were programmed in 2010-2012, when no problems existed.

There are reforms that are covered by difficulties, but in fact are planned - planned looting of state property balances. And there is the concept of the visible activity, instead of the actual activities. That reform of the funded part - is the visible activities instead of activities.

Source: Nakanune