Russian Prime Minister Mikhail Mishustin approved the regulation listing the composition of the Social Fund’s board of directors. About reported on the cabinet website.
“The Board of the Pension and Social Insurance Fund (Social Fund) will include the Ministry of Labor, the Ministry of Finance, the Central Bank, senators and deputies, and representatives of all Russian public associations and organizations.” broadcast recorded.
The publication added that the fund’s board will be the Social Fund’s college governing body. This body will address issues related to priority areas for the development of insurance systems, funding budgets and the establishment of planned reserves.
December 24, Chairman of the Russian Social Fund Sergey Chirkov declarationthat the new department will comply with the deadlines for the transfer of pensions and all payments. According to him, the merger of the Russian Pension Fund (PFR) and the Social Insurance Fund of the Russian Federation (FSS) means “full continuation of all payments, services and obligations currently under the jurisdiction of the two funds.”
Earlier, Russian President Vladimir Putin signed a law on the creation of a single pension and social insurance fund through the merger of the PFR and FSS.
Source: Gazeta
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