SberSolutions webinar on How Employers Should Get Ready for Social Insurance Fund Direct Payments

SberSolutions experts held a webinar on December 18 on the topic of Social Insurance Fund Direct Payments and How Employers Should Get Ready for Them.

Eight new regions, including Moscow and St. Petersburg are to join the Social Insurance Fund Direct Payments program from January 1, 2021 onwards. As part of this program, a number of benefits will be paid to individuals directly by the Social Insurance Fund within a timeframe set out by law (Russian Government Decree N 294 dated April 21, 2011).

At the webinar, SberSolutions experts described how interactions with the fund will be affected by these new direct payments and how to draw up the required documents. They also outlined how employers should prepare themselves, their employees and accounting system to switch to direct payments, as well as how work should be organized in companies. SberSolutions specialists also spoke about the common mistakes made in relation to direct payments and share their own experience with direct.

Program:

• What will change for employers and employees when switching to direct payments;
• How to switch to direct payments in your company – step-by-step instructions;
• Which documents must be submitted to the Social Insurance Fund and in what form?
• Setting up accounting systems to switch to direct payments;
• Working with various types of benefits;
• Liability for failure to provide documents for payment of benefits in due time.