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Federal Law of December 3, 2011, No.379-FZ “On Amendments to Certain Legislative Acts of the Russian Federation on the Issues of Establishment of Tariffs of Premiums to State Extra-Budgetary Funds

We would like to inform you that the Federal Law of December 3, 2011, No.379-FZ “On Amendments to Certain Legislative Acts of the Russian Federation on the Issues of Establishment of Tariffs of Premiums to State Extra-Budgetary Funds” enters into force starting from January 1, 2012. In accordance with this Law Clause 1, Article 7 of the Federal Law No. 167-FZ “On Mandatory Pension Insurance” will be amended.

 Within the frames of those amendments, starting from January 1, 2012, insured persons will be “foreign citizens or stateless persons (except highly qualified specialists in accordance with the Federal Law of July 25, 2002, No. 115-FZ “On Legal Status of Foreign Citizens in the Russian Federation”) that temporarily stay in the territory of the Russian Federation under labor agreement for indefinite period, or fixed term labor agreement for the period not less than six months”. In accordance with information received from the representative of the Committee of the State Duma for labor and social policy, starting from January 1, 2012 an employer will have to deduct premiums only to the Pension Fund of Russia. As for premiums to social and medical funds, the new State Duma will be considering this.

 As we found out, the current convocation of the State Duma will prepare a regulation to the new convocation with recommendations to adopt the law according to which employers will have to pay premiums for their foreign employees to other funds as well.

 We will keep you informed on this issue. The text of the Federal Law No.379-FZ is available on the site of the State Duma of the Russian Federation and the legal system “Consultant +”.

 

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