In October 2007 a meeting of the representatives of the Ukrainian Greek Catholic Church, the leaders of Ukrainian society and the Chairman of the Patriarchal Curia of the Ukrainian Greek Catholic Church (UGCC) Major Archbishop Lubomir Guzar took place in Kiev.

      The result of this meeting was the decision of the Founder, the "Managing center of the Patriarchal Curia" of the UGCC to create and to found the non-state pension fund "Pokrova".

The Non-State Pension Fund “Pokrova” was founded and registered on April 7th, 2008. Certificate of registration of financial institution: series ПФ№110 dd. July 28th, 2008. Decision about issuing of the certificate: №904 dd. July 31st, 2008. 

The Board of NSPF “Pokrova” was formed by the best representatives of the UGCC and Ukrainian society.

•    Provisory of the UGCC Father Vasyl Kopychin was elected as the Head of the Board of NSPF “Pokrova”

•    Father Oleksa Petriv – as the Secretary of the Board;

Prominent figures and representatives of science and economics were elected as a Members of the Board, namely:

•    Candidate of technical Science, director of “Evpraksiya” Ltd., Oleg Zolotuhin;

•    Ph.D. in Economics, outstanding politician, the Head of the Secretariat of a party «Ukrainian People Way to Solidarity», Bogdan Boyko;

•    Outstanding banker, the Head of the Board of directors of UKRGAZPROM Bank, Igor Grytsak

Before the election, all future members of the Board of NSPF “Pokrova” were trained at the Ukrainian Institute of Stock Market’s Development and passed the exams for the right to hold a position of members of the Board of non-state pension fund.

All potential members of the Board of NSPF “Pokrova” received qualification certificates, confirming their intentions to hold a position of a member of the Board of non-state pension fund.

Fund’s “Pokrova” key priorities are:

1.    Providing a reliable long-term securing of pension savings.

2.    Maintenance of an optimal correlation between the liabilities of the fund and liquidity of the assets.

3.    Providing of the minimal profitability of the investment portfolio at a rate 3%-4% higher than the real level of inflation.

4.    Development of the fund’s investment strategy considering the interests of the fund’s contributors as much as possible.

5.    Unconditional guarantee of the rights and legal interests of fund’s participants since the conclusion of the pension contract.

To ensure the quality of its activity NSPF “Pokrova” cooperates only with professional companies specialized in administrating and pension assets managing, which are performing exclusively this particular type of activity.

On May 1st, 2010 the key figures (indicators) of NSPF “Pokrova” were:

• Total assets value exceeded 456,207 thousand UAH
• Net value of the Pension Contribution Unit – 1,34435 UAH
• Number of contributors - 557 persons
• Number of participants - 819 persons
• Total amount of payments – 22 546,41 UAH

Financial Institutions serving the fund “Pokrova”: 

Administrator of NSPF “VSE” – “All-Ukrainian Pension Fund’s Administrator” Ltd is a professional administrator with an exclusive activity – administrating of non-state pension funds
Asset managing company – “Asset managing company “VSESWIT” is a professional AMC with an exclusive type of activity – managing of assets, especially of non-state pension funds
Custodian Bank – “State Saving Bank of Ukraine” OJSC