NPF of Sberbank is a non-profit organization established March 17, 1995 by the decision of the Board of Directors of the savings Bank of the Russian Federation in the framework of the Decree of the President of the Russian Federation from September, 16th, 1992 N 1077 "On non-state pension Funds". NPF of Sberbank is a member of the National Association of Pension Funds. The only Founder of the Fund is OJSC "Sberbank of Russia".