Oct 13, 2020
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Mishustin allocated more than 941 billion rubles to the Pension Fund

The Russian government has allocated 941.4 billion rubles to the RF Pension Fund for the payment of insurance pensions and benefits. The corresponding order was signed by the head of the Cabinet of Ministers Mikhail Mishustin.

To allocate 941 billion 419 million 718.4 thousand rubles from the reserve fund to provide an interbudgetary transfer to the budget of the Pension Fund, with a view to ensuring 100% fulfillment of obligations to pay insurance pensions and benefits, - the document says.

Mishustin also instructed the Ministry of Finance to monitor the intended use of funds and submit a report by February 1, 2021, notes RNS.

Earlier, Andrei Shirokov, a member of the presidium of the Central Council of the Party of Pensioners, proposed liquidating the Pension Fund. And all the money available there should be transferred to the budget, which will be responsible for payments, wrote.

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