Socfund

org_government

Соцфонд, or the Social Fund of Russia, is a government body responsible for managing social insurance and financial support programs. It calculates and disburses various benefits including maternity pay, child care allowances, and pensions directly based on data from individuals' personal accounts and employers, eliminating the need for manual paperwork submission. The organization has implemented reforms to streamline benefit distribution by using existing data, such as income information stored in individual legal accounts (ИЛС), starting July 1st. It also provides support to families with…

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