The Ministry of labor did not support the proposal on the financing of the payments to the pension

© RIA Novosti / Ilya Petliurite in photosangelina the customer service of the Main Department of the Pension Fund. Archival photoThe Ministry of labor did not support the proposal on the financing of the payments to the pension© RIA Novosti / Ilya Petliurite the image Bank

The Ministry of labor did not support the proposal on the financing of fixed payments to insurance pensions from the Federal budget, told RIA Novosti press-service of the Department.

«Ministry of labour does not support a funding proposal for a fixed payment from the Federal budget», — stated in the message of Ministry of labor.

According to the newspaper Vedomosti, the Finance Ministry proposes to transfer funding for fixed payments to the pension, which in 2017 is 4800 rubles for the Federal budget. The publication refers to the Federal officials. It is expected that this will help to preserve the pension rights of citizens while reducing health insurance premiums from 30% to 22% (part of the tax maneuver, the second part — the rise in VAT to 22%).

The Ministry, meanwhile, drew attention to the fact that the fixed payment to the insurance pensions is one of the types of obligatory insurance coverage for compulsory pension insurance and at the expense of insurance contributions for compulsory pension insurance, which is confirmed by the position of the constitutional Court.

«Thus, the proposal of the Ministry of Finance on the financing of fixed payments to insurance pensions from the Federal budget virtually eliminates the insurance principles of the system of mandatory pension insurance, will lead to the budget deficit of the pension Fund and will create additional risks of reduction of pensions», — concluded the Agency.

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