Russian (Russia)

In continuation of the meeting of the Social Insurance Fund on the 27th of October, it is announced that the increase in the “widow’s pension contribution”, which stands at 0.1% and was incorporated into the 0.6% rate, does not need to be taken into account.

So as of 1st of January 2024, the Social Insurance fund will be increased by 0,5%. Hence, the contributions of employees and employers will be increased to 8,8% from the current 8,3% on insurable earnings.

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