Insured persons - who is this? general characteristics

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

In accordance with the regulatory documents that define the rules of the game of the insurance business, the insured person is the subject of a legal contract, whose property, life, real estate are insured.

But if we talk about compulsory state pension insurance, then the insured persons are those who will receive a pension from the Pension Fund, not compensation, at the moment when a person, upon reaching the age, retires to a well-deserved rest.

What is an insured event for those insured in the FIU?

After the pension reform, the pension is accrued and issued after the occurrence of an insured event. That is, the state pension system now insures the risk of the fact that the insured person of the PFR will be left without a livelihood, that is, on a pension. What insured events are now considered by the law? The cases of insured persons are as follows:

1. Retirement at a certain age.
2. The loss of a breadwinner. Moreover, at any age, if a person cannot earn a livelihood on his own.
3. Loss (complete or partial) disability. Also in anyage from birth.

All contributions, all personal data are stored in the Personal Accounting Database of the Pension Fund of the Russian Federation. And a pension is issued in accordance with the law "On State Pension Provision in the Russian Federation" - No. 166 - FZ. The law establishes the grounds for issuing the right to the pension itself, the procedure for its appointment.

Insured persons - who are they?

All citizens of the Russian Federation and foreign entities residing only temporarily in Russia, if they work under an employment or civil law contract, are insured persons, as they are covered by the Federal Law on Compulsory Pension Insurance.

The federal law prescribes all the definitions and conditions regarding guarantee fees, reimbursements and replenishments of a citizen of the Russian Federation. Everything related to the personal account of the insured subject can be found in the personal account of the PF.

Insurance coverage for insured persons

Insurance coverage in the event of the above insured events are recognized:

• early old-age pension;
• contributory and insurance part of the disability pension;
• survivor benefit;
• payment for the funeral of a pensioner who no longer worked.

The basis of the entire financial system of the pension fund is the funds accumulated in the fund itself, as well as the money accumulated in the personal account.

Functions of the FIU

Pension funddesigned to provide the population with all kinds of benefits. In a civilized state, a person should not be afraid that, having lost his ability to work, he will be left without the protection of society. Therefore, to put it simply, insured persons are all those citizens who are subject to mandatory pension insurance from the state.

As a centralized state institution, the pension fund of the Russian Federation performs the following functions:

• generate and pay out funds to insured fund participants;
• give certificates for the formation of family capital;
• to make additional payments to the pension so that the latter reaches the subsistence level;
• implement international programs;
• other.

And also an important function of the PFR body is to keep a personalized detailed record of all participants in the insurance system so that a person receives his money on time and in full.

Personal account on the website of the Pension Fund of the Russian Federation

Thanks to the electronic modern service "personal account of the insured person", any registered person can see all the data on his account. Information such as the length of service and the number of points collected is displayed here.

The personal account has been operating since 2015. To use this service, you need to have an insurance certificate. The PFR electronic service provides all the necessary information about the insured persons. There are separate rooms for both policyholders and insured entities. Whenany question you can ask his consultant online.

You don't need to register on the site itself. It is enough to register on the public services portal.

If you already have a personal activation code, enter it in the "Personal data" section of public services. To register with the ESIA, the insured person needs a passport, insurance certificate details and a mobile number.

On the FIU website, you no longer need to enter personal data after that. You just need to go to the site page - "Insured person's account" and click on "Login". The system will recognize you.

News on the PFR website

Personal account has greatly simplified the communication between the pension fund and citizens. After all, the insured persons are those who need the help of this state body, and all services must be clear to all clients of the system. Recently, the service has been expanding its services.

Now those citizens who are still abroad can see their savings account status online. Previously, for this it was necessary to write a statement and wait for a response. And just as quickly now it is possible to fill out an application that a person's employment status has changed.

Rights and obligations of those who are insured

The rights and obligations of these entities are defined by Article 14 Ch. 3. Federal Law "On Individual Accounting in the System of Compulsory Pension Insurance". The insured person, as a subject of legal relations, undoubtedly has his rights.

Rightsinsured persons are:

• Receive information about the status of your personal account in the FIU. This information can be sent by mail if it is convenient for the client.
• Receive a copy of the information about yourself that the policyholder sends to the Pension Fund.
• Send to the FIU an application to change the data specified by the insurer if they are incorrect. You can apply to the tax authorities or the court.

And also insured persons must fulfill the following obligations:

• necessary to obtain an insurance certificate;
• register with the FIU;
• apply to the FIU with a specific statement when his personal data changes;
• report lost certificate;
• at the request of the PFR authorities, provide all documentation confirming the personal data transferred by the insured to the fund.

Without the implementation of these norms, the fund's system would not be able to fully function. Therefore, the timely fulfillment of obligations is in the interests of the insured himself.

Obligations of the policyholder

Employers who pay wages and keep records of deductions are usually the insured. Their rights and obligations are governed by the same law as the rights of insured subjects.

Employer has the right to:

• Require a certificate of compulsory insurance when applying for a job; and also require you to provide all personal information in order to transfer them to the PF authority.
• Supplement the information provided by him about the insured.

Amust also do the following:

• Provide the information received from the employee to the Pension Fund of the Russian Federation within a strictly prescribed period.
• Get a certificate from the FIU and issue it (necessarily signed), if a person works on the terms of a civil law or employment contract.
• Check whether the details of identity documents correspond to the data specified in the insurance certificate.

The policyholder is not a beneficiary when transferring funds to the fund, but he is required by law to do so.

Obligations of the Pension Fund

The rights of the Pension Fund bodies include the following actions:

• adjustment of information provided to them by policyholders;
• receiving information about insured persons from the tax authorities;
• the fund may require the timely delivery of all information;

FIU responsibilities include:

• control information and credentials;
• explaining to clients the rights and obligations of those who are insured;
• explanation of the specifics of pension formation;
• provide permanent access to the electronic system "Personal Account".

The Pension Fund employs about 130 thousand specialists, and together they perform a very important job for the state - they accumulate and distribute funds between pensioners and those who for some reason cannot work, receive wages.

When insured persons are policyholders?

Ontoday there are such types of pensions: insurance, funded and state security pensions. If the insured person chooses a funded pension, he will receive the savings that are formed by voluntary investments or company payments.

For those born in 1967 and younger, there is an option to choose a pension option.

And for those born in 1966 or older, savings are formed exclusively through voluntary contributions. At any time starting from 2015, you can opt out of the funded part of the pension.