The Almaznaya Osen (Diamond Autumn) Private Pension Fund, where ALROSA is a co-founder, was included by the Central Bank of Russia in the registry of members of the system that guarantees insured persons’ rights.
This system in mandatory pension insurance is a specific government program aimed at ensuring the safety of pension savings. Consequently, pension savings of the Almaznaya Osen clients will be insured by the government starting from January 1, 2016.
The fund was successfully scrutinized by the Central Bank that emphasized a high quality of corporate governance and assets.
As of the beginning of 2015, the Almaznaya Osen Private Pension Fund controls pension savings of more than 36,000 people. In 2014, ALROSA transferred about RUB 1 billion to Almaznaya Osen. The number of participants receiving non-state pensions under pension contracts was 17,714 people in 2014.
The Almaznaya Osen Private Pension Fund was established in 1995 by three founding organizations – ALROSA, Profalmaz Inter-regional Trade Union and Derzhava Commercial Bank. The Fund ranks among Russia’s best private pension funds. Expert RA International rating agency has assigned an 'A+' rating to the fund – a very high safety level.