Document from CIS Legislation database © 2003-2022 SojuzPravoInform LLC

ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of July 25, 2014 No. 706

About approval of Rules of determination of the minimum size of reserve of the Pension Fund of the Russian Federation on mandatory pension insurance

(as amended of the Order of the Government of the Russian Federation of 13.02.2015 No. 122)

According to article 6 of the Federal law "About Guaranteeing the Rights of Insured Persons in System of Mandatory Pension Insurance of the Russian Federation during the Forming and Investment of Means of Pension Accruals, Establishment and Implementation of Payments at the expense of Means of Pension Accruals" Government of the Russian Federation decides:

1. Approve the enclosed Rules of determination of the minimum size of reserve of the Pension Fund of the Russian Federation on mandatory pension insurance.

2. This resolution becomes effective since January 1, 2015.

Russian Prime Minister

D. Medvedev

Approved by the Order of the Government of the Russian Federation of July 25, 2014 No. 706

Rules of determination of the minimum size of reserve of the Pension Fund of the Russian Federation on mandatory pension insurance

1. These rules provide procedure for determination by the Pension Fund of the Russian Federation (further - Fund) the minimum size of reserve of Fund for mandatory pension insurance (further - reserve).

2. Determination of the minimum size of reserve of Fund it is performed for the purpose of factual determination of approach of warranty case concerning reserve of Fund, and also the amount of warranty compensation.

3. The minimum size of reserve of Fund as of December 31 of accounting year is (inclusive) determined by Fund annually, no later than April 1 of the current year, by formula:

                       MRR on 31.12.i years = SSChA on 31.12.i years x 0,005,

where:

MRR on 31.12.i years - the minimum size of reserve of Fund as of December 31 of accounting year (inclusive);

SSChA on 31.12.i years - average cost of the net assets which are in trust management according to all trust management agreements of means of pension accruals, means of payable reserve and means of pension accruals of insured persons which establishes due retirement benefit, for accounting year;

0,005 - coefficient for determination of the minimum size of reserve of Fund.

 

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.