State extrabudgetary fund - a fund of funds formed outside the federal budget and budgets of the constituent entities of the Russian Federation and designed to exercise the constitutional rights of citizens to pension , social insurance , health care and medical care.
Expenses and revenues of the state extra-budgetary fund are formed in the manner prescribed by the Budget Code of Russia, as well as other legislative acts, including laws on the budget of the Russian Federation for the corresponding year. The formation of extra-budgetary funds is carried out at the expense of compulsory targeted contributions. The amounts of contributions to extra-budgetary funds, as a rule, are included in the cost of production and are set as a percentage of the wage fund.
In a narrow sense, state extrabudgetary funds mean [1] :
- Pension Fund of the Russian Federation (PFR);
- Social Insurance Fund of the Russian Federation (FSS);
- Federal Compulsory Medical Insurance Fund (FFOMS);
- As well as territorial funds of compulsory health insurance (TFOMS).
In a broad sense, there are more than 30 extrabudgetary funds for social and economic purposes in Russia. Previously, the State Employment Fund of the Russian Federation also functioned; Now part of its functions is performed by the Federal Service for Labor and Employment of the Russian Federation (Rostrud) . The economic ones include:
- Industrial Development Fund (formerly the Russian Technological Development Fund )
- off-budget branch research and development funds;
- financial support funds for industries;
- investment funds, etc.
In 2018, the Head of the Accounts Chamber of the Russian Federation proposed combining the FSS , MHIF and PFR [2] .
Notes
- ↑ Article 144. The composition of the budgets of state extra-budgetary funds . Consultant Plus .
- ↑ The Accounts Chamber proposed combining the PFR, FSS, and MHIF into a single state fund Neopr . TASS. Date of treatment June 24, 2019.
Literature
- Milyakov N.V. Finance: Textbook . znanium.com . INFRA-M (2004).