What does the Social Security Fund?

Social Insurance Fund - a state off-budget institution established for the purpose of compulsory social protection of citizens. The organization has been operating since 1 January 1991. Its work is governed by federal law "On the basis of compulsory social insurance." As updated? Fund budget is formed by: insurance contributions, appropriations from the state budget and income from investment of surplus funds. Every Russian is the owner of the policy of social insurance. Insurance payments to the fund for the working citizens makes the employer (the size is determined by salary level) for the unemployed - the authorized body of state power. What to do? The main functions of the organization are: social benefits, the provision of social insurance of certain categories of citizens, granting preferential permits to citizens for the disabled and prosthetic rehabilitation facilities, co-payment for medical examinations and payment of civil birth certificates. Insurance payments in 2011 the Social Insurance Fund guarantees the following benefits: - temporary disability benefits for diseases of the worker with experience of 5 years - 60% of average earnings, from 5 to 8 years - 80%, more than 8 years - 100% of average earnings; - maternity benefit - 100% of average earnings - pay at adoption of a child - 100% of average earnings - a lump sum at birth - 11,703.13 USD. - monthly allowance for child care - 40% of average earnings - payment of an additional four days off per month, a parent (or person of equivalent status) to care for disabled children - 100% of average earnings - a lump sum insurance payment for incapacity - is determined in accordance with its power, but within the 68,586 rubles. - Monthly insurance payments for incapacity in the range ? 52,740. Activities of the Social Insurance Fund has the absolute importance for every citizen of the country. This organization has come to the rescue in case of sickness, maternity, injury at work and in other situations. If payment of the insurance will seem insufficient, you can use the proposals from private companies for additional life and health insurance to the desired amount.