Sunday, June 5, 2011

Department of Health and Social Development, explained the reasons for high insurance premiums for small businesses and individuals

With the increase in insurance premiums in RF Pension Fund, many private entrepreneurs have expressed their discontent and desire to get an explanation with which such a jump sizes associated taxes. In turn, Health Ministry of Russia is not difficult to answer and provided a number of explanatory facts. First of all, Deputy Minister of Health and Social Development Yu Voronin pointed to the transfer of funding the main part of a retirement pension from the state budget to the Pension Fund. In this case, the official outlined a number of problems of modern pension system. Among them is in the foreground deficit of the Pension Fund. His main reason can be called a transfer of a retirement pension from the state budget to bail the RPF and the introduction of a funded component (a certain percentage of tariff is distracted by the accumulation of not participating in the current financing of pensions) and early retirement (33% of all pensioners retire earlier retirement age) . In particular, the very growth of insurance premiums for small businesses and individual enterprises triggered by the same transfer of funding the basic part of pensions from the federal budget to the Pension Fund. That is, the Pension Fund of Russia, having no other source of income in order to cover the shortfall in pension payments, simply forced to raise taxes on the PSC.

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