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NPF "SAFMAR" and "Epiroc Rus" launch corporate pension program

JSC NPF SAFMAR, a member of the industrial and financial group "SAFMAR", and "Epiroc Rus" signed a non-state pension provision agreement according to which NPF "SAFMAR" implements a corporate pension program for employees of "Epiroc Rus".

"If an employer launches a corporate pension program for its employees, it means that he appreciates their work and looks forward to a long-term cooperation. Such programs not only enable employees to save for retirement, but also increase their loyalty to the employer", said Alexander Lorenz, head of SAFMAR Board of Trustees.

Within the corporate pension program, administered by NPF "SAFMAR", it is envisaged to form pension capital on the basis of co-financing, when the employer doubles the employee's contributions. Pension funds are invested by NPF "SAFMAR" through asset management companies of the Fund and bring investment income.

"Epiroc Rus" is a responsible employer who always provides high-quality social packages to its employees. Now it has been replenished with the pension scheme. Under the terms of the corporate pension program, participants will be able:

  • to double their contributions to 5% of the salary through co-financing by the employer;

  • to accumulate within five years funds in the amount of half-yearly income;

  • to receive an annual social tax deduction.

"Epiroc" is a leading partner in productivity in mining, civil engineering and mining. Due to advanced technologies, Epiroc develops and produces innovative drilling rigs, equipment for mining and construction, provides first-class service and consumables. The company was founded in Sweden, Stockholm. The company employs enthusiastic people who support customers in more than 150 countries. Learn more at www.epirocgroup.com.