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Insurance and pension support

In order to provide the workers in a timely manner with a quality health care, a system of collective voluntary medical insurance is implemented reducing the loss of working time because of temporary disability.

Besides, the insurance of workers against accidents and diseases ensures a reliable protection of the workers and their families against the deterioration of living standards as a result of temporal or permanent disability due to an accident.

Corporate non-state pension is granted according to the procedure and in the amount depending on the salary (wage rate) and work experience at organizations of the Transneft system.

The pension capital is based upon the reaching of the pension age and subject to length of work at Transneft system organizations during at least five years with income replacement from 8 to 11%.

Additionally, voluntary pension scheme is applied providing equity participation in the formation of the pension capital (from contributions of the employees and the employer).

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