PIs in the Republic of Belarus will be able to contribute to the pension fund once a year rather than quarterly

In Belarus, the Government has made some adjustments in terms of premium payments to the pension fund by individual entrepreneurs. Now IE will be able to pay the fee in the PF once a year. We remind you that, to date, these contributions FE conducted quarterly. These adjustments to the authorities of the Republic of Belarus has made to the Regulations on the payment of compulsory insurance contributions, contributions to occupational pension insurance and other payments to the Social Welfare Fund decree number 64 dated 13 February 2010. The same document indicates, and that private notaries, who are the recipients of pension payments, as well as persons entitled to benefits for child care under the age of three years, may pay fees in the same manner as the PI.