Legal person who exercises the professional asset management on the basis of a license for such activities.
Administrator NPF
Legal entity that administers private pension funds under the terms of the Law of Ukraine "On private pension provision."
c
Custodian of pension fund
National Bank of Ukraine or bank, on basis of a license carries out activities of storage of pension funds.
d
Depositor NPF
The person paying the pension contributions in favor of the party by transferring funds to a private pension fund under the terms of the contract and retirement of the Law of Ukraine "On private pension provision."
i
Individual Retirement Account
Personalized account's pension fund, which is a system of personal accounts in the Law of Ukraine "On private pension provision" order to take account of the accumulated benefit of pension funds.
Investment declaration
A document that defines the investment policy of pension funds, the main directions and limit investment assets of private pension funds under the Law of Ukraine "On private pension provision."
l
Lifetime pension (life annuity)
Pensions, insurance company carried out under the contract lifetime pension for life of an individual periodically after they reach retirement age in accordance with the legislation on insurance.
m
Member of private pension fund
The natural person in whose favor the paid pension contributions in the pension fund.
o
One-time pension payment
Pension payment that is made once in the manner and in cases provided by the Law of Ukraine "On private pension provision."
Open Pension Fund
Pension fund participants which can be any individuals regardless of location and nature of their work.
p
Personalized account
Сollection, processing, systematization and storage provided for by the Law of Ukraine "On private pension provision" of information on members of non-information on the definition of their rights to pension payments from the funds accumulated in their favor, and to calculate the size of these payments.
Pension for a definite period
Рension payments that are made periodically during a specified period in the manner and in cases provided by the Law of Ukraine "On private pension provision."
Рension contract
Аgreement between the pension fund and its investors, according to which made the private pension system participant (participants) fund the defined pension scheme.
Pension scheme
А document which defines the conditions and procedures for private pension fund participants.
Pension payments
Payments of private pension provision or his heirs exercised due accumulated in private pension funds and accounted for individual pension account funds in cases provided by the Law of Ukraine "On private pension provision."
Private Pension Fund
Legal entity established under the Law of Ukraine "On private pension provision", which has the status of non-profit organizations (non profit companies), operates and carries out activities solely to the accumulation of pension contributions for the pension fund, followed by management of pension assets, and provides pension paying participants said fund in the Law of Ukraine "on private pension provision" order.
u
Unit pension assets
Indicator system of personal accounts, which is used to determine the amount of pension funds belonging to the pension fund and recorded on his individual pension account in the pension fund.
