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State and municipal finances. Social Security Fund (most important)

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49. Social Insurance Fund

Social insurance fund is a specialized financial and credit institution under the Government. It was formed by Presidential Decree No. 7 of August 1992, 822 "On the Social Insurance Fund in the Russian Federation" and operates on the basis of Government Decree No. 12.02.1994 of February 101, XNUMX.

The funds of the Fund are state property. The budget of the Fund is approved by the Government of the Russian Federation, the report on its execution is also considered and approved by this body.

To fulfill social security obligations, the FSS collects funds from: insurance premiums of business entities, regardless of ownership, insurance premiums from citizens, income from investing the Fund's funds in government securities and bank deposits, voluntary contributions from citizens and legal entities, revenues from the federal budget for spending funds for certain cases (for example, for payments to victims of the Chernobyl nuclear power plant), other income.

The FSS has the following tasks:

1) provision of state-guaranteed benefits for temporary disability, pregnancy and childbirth, for women registered in the early stages of pregnancy, at the birth of a child, for caring for a child up to the age of one and a half years, as well as social benefits for burial or reimbursement of the cost of the guaranteed list funeral services, health resort services for employees and their children;

2) participation in the development and implementation of state programs for the protection of the health of workers, measures to improve social insurance;

3) implementation of measures to ensure the financial stability of the Fund;

4) development, together with the Ministry of Labor and Social Development of the Russian Federation and the Ministry of Finance of the Russian Federation, proposals on the size of the rate of insurance premiums for state social insurance;

5) organization of work on training and advanced training of specialists for the state social insurance system, explanatory work among insurers and the population on social insurance issues;

6) cooperation with similar funds of other states and international organizations on social insurance issues.

Author: Novikova M.V.

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