JSC Academician M.F. ReshetnevInformation Satellite Systems

ISS-Reshetnev Company – “Responsible plan sponsor 2016”

Information Satellite Systems – Reshetnev Company has been recognized for its socially responsible policies and efficient employee pension plans. It is the 11th award “Responsible plan sponsor” that has been given to the company.

The “Responsible plan sponsor 2016” diploma was presented to ISS-Reshetnev representatives at an official ceremony on the occasion of the 15th anniversary of the Zheleznogorsk Office of the Russian Federation Pension Fund on September 28.

This year 36 employers of Zheleznogorsk who implement diverse social security initiatives and whose contributions to the Pension Fund are continuously increasing entered the “Responsible plan sponsor 2016” competition. ISS-Reshetnev became the winner in the group of large companies. In 2015 ISS-Reshetnev contributed a total of more than 980 million roubles to the Pension Fund. Further, in the 2010-2015 period the company almost doubled its pension contributions.

The “Responsible plan sponsor 2016” competition entries were judged based upon the following criteria: timely pension contributions and their amount, accurate reporting documents. Apart from that, Office of the Pension Fund also took into consideration the company’s support and benefits for retirees, and its outcome-driven communication methods to help employees attain financial well-being and fully understand their pension-related rights.

Today ISS-Reshetnev employs more than 8 500 people, which amounts to 18 percent of the overall number of people serviced by the Zheleznogorsk Office of the Russian Federation Pension Fund.