PFR is the Pension Fund of the Russian Federation. Leadership, headquarters, departments

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Pension fund in the financial industry is very important. It is thanks to him that the national income is redistributed in different social systems. If you are interested in how this organization works, you need to understand that the FIU is a centralized system. It distributes and collects funds.

The organization provides the necessary standard of living for citizens. The FIU is an institution that pays benefits to people. For some reason, they cannot provide for themselves. Not many people are interested in what the organization consists of. But, having familiarized yourself with the basic principles of work, you can understand how the distribution of funds is carried out.

Working principles

The Pension Fund of the Russian Federation is presented as an organization that provides financial support to people in the social category. Young people starting work must also contribute.

And the elderly, because they can not continue to work, receive a certain amount for life. PFR is an eternal cycle that has its own principles of work. This structure has a manager and employees.

Insurance premiums

Pensionthe fund of the Russian Federation works thanks to national payments, which are considered its income. This serves as the basis for opening a large number of branches. An important place is occupied by special contributions and taxes. Their size is approved by law.

Benefits are considered the largest expenses. This amount is so large that in the management of the organization the question often arises of where to get the money from. Insurance premiums are the main source of income. Every month, employers transfer specific amounts determined from wages.

FIU is an organization that still collects payments, even if they are not paid voluntarily. In these cases, pen alties are also charged for 1 day of delay. If the property of the payer was rented on the basis of a court decision or financial transactions were suspended, the Pension Fund only then submits a request for the transfer of money. No pen alty will be charged during this time.

Types of contributions

Many businesses pay 22% of their salary to the fund. Some employees transfer 8%, such as academics and IT organizations.

Agricultural producers transfer 21%. Enterprises paying general contributions (22%) pay an additional 10% to the GRF budget.

Working with information

The Pension Fund carries out personalized accounting of working citizens of the country. According to the 2002 reform, each employee must have his own savings account. It includes an amount of 16% of 22%,listed by employers. The remaining 6% go to the "common piggy bank".

Pension processing

When the retirement age comes, a citizen should apply to the territorial office of the Pension Fund of the Russian Federation. Employees will perform the calculation based on the amounts of contributions that are in the personal account. State-approved co-payments also count.

As money has accumulated over the years, the depreciation rate is adjusted. The result is the amount of the pension of a particular citizen. Then a pension document and payment instructions are created to pay out the funds.

The Pension Fund has different programs from time to time. One of them is co-financing. It has been operating for 10 years. Citizens are invited to invest 12,000 rubles each into their funded pension. The same amount is added by the state. For 10 years, it turns out to collect 240,000 rubles, and increase the funded part by 1,111 rubles. There may be other types of programs, you just need to participate in them.

Other work

The main task of the fund is to pay payments to citizens who are en titled to this on the basis of current legislation. In addition, the institution is working with issues of providing maternity capital.

The decrease in the birth rate leads to a decrease in the number of able-bodied population, and this becomes the reason for insufficient filling of the Pension Fund of the Russian Federation. This is due to the fact that citizens receive informalsalaries. Because of this, the state increases the insurance premiums of enterprises.

What does the FIU mean for the elderly?

How should the Pension Fund of Russia work? The FIU is considered an independent organization. The institution must transfer insurance premiums, finance people who need social protection. His duty is to collect funds from citizens guilty of causing damage to colleagues and other people of the country.

When a person is injured and cannot work, the fund must pay a pension. In addition, PFR employees must control the timely receipt of insurance premiums, as well as their competent expenditure.

Types of payments

Resources from the Pension Fund of Russia are used to pay pensions, which serve as compensation for the salaries of people who cannot work. In our country, there are several options for such payments.

Employment pension is issued to women from 55 years old, and to men - from 60 years old. Pension accrual occurs if the length of service is 5 years. The FIU also issues disability and survivor's pensions.

Structure

The main department of the fund is the Board. It includes the main functional body - the Executive Directorate. The latter performs work with the rest of the branches that are in the country. They also include administrative-territorial and state formations. They are located in the regions.

The Russian Pension Fund Department consists of city and districtstructures. They collect money for insurance, work on regional programs, control funds. They are the ones who interact with the citizens. In addition to the Pension Fund of the Russian Federation, the Ministry of Communications and Labor works on pension issues. The organization performs the assignment, reallocation and delivery of funds for payments.

The Board generates reports on tasks, budget, expenses. It operates on the basis of legislation, as well as the adopted budget. The head of the PFR is Anton Drozdov. He is recognized as an Honored Worker of the Russian Federation.

Fund Problems

Due to the crisis of 2008, the fund stopped some payments. To eliminate such problems, several measures have been taken. Although it was possible to make up for the lack of funds, the same problem appeared in 2009. In 2010-2011 the same was observed.

Each branch of the Russian Pension Fund worked to overcome the crisis. As the number of people who need to receive benefits increases, the imbalance in the work of the branches of the organization becomes the reason for the worsening of the situation.

To neutralize problems, the state increases the amount of funds transferred to the FIU. Work with the tax and collection service has been strengthened. Since 2010, the insurance principles relating to the payment of social benefits have been in force. Instead of a single tax, special payments began to be paid. This made it possible to restore the work of the fund, improve efficiency.

The role of pension reform

Ontoday in Russia there is a funded pension system. With its help, it will be possible to regulate the accumulated money that will be issued to people in old age. The amount of payments is determined on how long the person worked, whether the employer transferred payments. This reduces the cost of the organization.

Employer transfers are not currently being used for pensioner benefits. The money is accumulated, and when the pensioner will not be able to work, he will be paid an allowance in the prescribed amount.

The accumulative system is more convenient than the distribution system. The reason for this is that pension funds are recognized as the property of a person, not the state. This principle increases the reliability of the system. Thanks to the accumulative principle, the economy is in good shape, which is an important task for the FIU.

Department of the Moscow FIU

Each subject of the Russian Federation has a territorial FIU. For any questions, citizens should contact the organization at the place of residence. The PFR department in Moscow is not one, each of the institutions helps residents of the capital and the region to resolve all emerging issues.

The main branch is located on Tverskoy Boulevard, building 18. The work schedule is as follows:

• 9:00 – 17:45 daily except Friday;
• break: 12.30 – 13.00.

In addition to the main institution, there are other Moscow branches of the PFR, open to receive citizens. As you can see, the structure of the PFR is not so complicated. It is important for an organization tohow honestly citizens pay contributions. If there is a white salary, then the funds are transferred to the country's budget regularly. It must be remembered that the fund works to protect the interests of citizens of the Russian Federation.

In addition to state funds, there are now non-state funds. Each of them offers its own programs. Before joining any, please read the terms and conditions. Funds operate on the basis of contracts.