The labour Ministry has asked the Finance Ministry to “close the topic” reduction of insurance premiums

Moscow. July 21. INTERFAX.RU Minister of labour and social protection Maxim Topilin, I asked my colleagues from the Ministry of Finance to refuse further discussion of the tax maneuver with reduced rates of insurance contributions to the Pension Fund (PFR), Fund of obligatory medical insurance (FOMS) and social insurance Fund (SIF).

“We think that we need to move – I understand that the parties support this – after all the subject associated with lower premiums, while close,” – said Topilin at the meeting of the Russian trilateral Commission for regulating social-labour relations (RTK), the government on Friday, addressing to present at the meeting, Deputy Finance Minister Alexei Lavrov.

The labor Minister explained that to speak about reducing contributions to the extrabudgetary funds, when the pension and benefits contributions “still completely are not even guaranteed,” is incorrect. “We do not have the same objectives (pensions and benefits – if) to be reduced, we have the task to raise them,” – said Topilin.

Earlier this year, the Ministry of Finance and the Central Bank have proposed several variants of the tax maneuver, which essentially boils down to increased value-added tax and reduce insurance premiums. Social unit consistently criticized these ideas, the main argument was the growing dependence of the FIU from injections from the Federal budget in such a scenario.