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[/main.php] First National Open-Ended Pension Fund State License Registration No.12100591 dated August 2, 2004. Financial Institution PF License Registration No.8 dated October 14, 2004. The main parameters of NPF activity as of November 1, 2006. ssets - 12'265'560 UAH epositors as legal entities - 303 epositors as individuals - 7196 pen pension accounts - 15985 verage amount in one individual pension account - 7678,31 UAH One of the directions of improvement of social protection system in conditions of market economy is the realization of pension reform and formation of multilevel system of pension insurance. The single-level solitary system of the state pension provision could carry out the functions only in planned economy. In market economy, which characteristic feature is freedom of business and labor activity of citizens, the obligatory state pension provision should be supplemented with non state pension provision. The majority of the countries which have followed the road of market economy solved a problem of pension provision of citizens by creation of accumulative schemes when the worker saves money by himself for future pension. Non-state accumulative pension funds have received development in many countries, their task is to keep and increase the means of participants providing them with necessary pension payments. Therefore one of the aspects of pension reform which is realized in Ukraine is the construction of effective system of non-state pension provision. It's one of the main directions of essential increase in social level of the population in the near future. About Fund L.Klimov's address Principles of activity Strategic aims Founders Partners Offices Legislation Useful links Fund's offices Calculate your future pension Experience of NPF introduction abroad Pension reform in Ukraine Information for legal entities Opportunities for individuals to build up and receive additional pension Pension calculator Copyright© 2004. First National Open Pension Fund.