There is a characteristic feature of system of pension provision in the Russian Federation and it is a formation of the non-state pension funds which have to become the most important institute of social security of senior citizens subsequently. In study, the non-state pension fund of Sberbank is described the purpose of its creation and history of emergence. It was analysed: the main activities of fund, the sources of formation in the income, the individual and corporate programs. © Medwell Journals, 2017.