RUS GVT Compulsory Pension Insurance


On Oct. 29, RUS GVT issued amendments to support shipping.


  • RUS GVT issued law 368-FZ amending article 33-4 of law on compulsory insurance.
  • Key Points
  • The law extends until the end of 2037 the period for applying the share of the single reduced rate of insurance contributions attributable to compulsory pension insurance.
  • Specifically, in relation to payments and other remuneration to crew members of vessels registered in the Russian International Register of Ships (except oil vessels).
  • Effectiveness
  • The law enters into force on Jan. 1, 2025.

Regulators RUS GVT
Entity Types Corp; Pension
Reference OG, Law 368-FZ, 10/29/2024;
Functions Compliance; Financial; HR; Legal; Operations; Risk
Countries Russia; Cross-Border
Category
State
Products Corporate; Pensions
Regions EMEA
Rule Type Final
Rule Date 10/29/2024
Effective Date 1/1/2025
Rule Id 231411
Linked to N/A
Reg. Last Update 10/29/2024
Report Section International

Last substantive update on 11/01/2024