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Pension Fund Of The Russian Federation
The Pension Fund of the Russian Federation (PFR) () is the principal national pension fund in Russia. It is the largest organization of Russia to provide socially important public services to Russian citizens. Founded December 22, 1990 decision of the Supreme Soviet of the RSFSR No. 442-1 "On the organization of the Pension Fund of the Russian Federation". The fund has branches across all Federal Subjects of Russia. The State Duma decided (July 5, 2022) to fuse this fund with the Social Insurance Fund of the Russian Federation and to create a united social fund under the title Pension and Social Insurance Fund of the Russian Federation since January 1, 2023. History The Russian Pension Fund experienced three major changes from the Soviet system to the modern one throughout the 1990s and early 2000s. The first being a switch from the pension entirely controlled by the Soviet budget. This initial switch created the pension fund separate from the state budget in 1990. While s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pension And Social Insurance Fund Of The Russian Federation
The Pension and Social Insurance Fund of the Russian Federation (; abbreviated as Социальный фонд России, СФР) is one of the state extra-budgetary funds. It was created by the Law of Russia, federal law of 14.07.2022 No. 236-FZ "On the Pension and Social Insurance Fund of the Russian Federation" through the reorganization of the Pension Fund of the Russian Federation with the simultaneous merger of the Social Insurance Fund of the Russian Federation with it. The date of creation of the Fund is considered to be January 1, 2023. Structure The Pension and Social Fund was created for the implementation of state pension provision, compulsory pension insurance, compulsory social insurance in case of temporary disability and in connection with maternity, compulsory social insurance against industrial accidents and occupational diseases, social security and the provision of social protection measures. The fund is governed by a board with 35 members and a chairman. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Recession In Russia
The Great Recession in Russia was a crisis during 2008–2009 in the Russian financial markets as well as an economic recession that was compounded by political fears after the Russo-Georgian War, war with Georgia and by the plummeting price of Urals heavy Price of petroleum, crude oil, which lost more than 70% of its value since its record peak of US$147 on 4 July 2008 before rebounding moderately in 2009. According to the World Bank, Russia's strong short-term macroeconomic fundamentals made it better prepared than many emerging economies to deal with the crisis, but Russia's underlying structural weaknesses and high dependence on the price of a single commodity made the crisis' impact more pronounced than would otherwise be the case. In late 2008 during the onset of the crisis, Russian markets plummeted and more than $1 trillion had been wiped off the value of Russia's shares, although Russian stocks rebounded in 2009 becoming the world's best performers, with the MICEX In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Security In Russia
Social organisms, including human(s), live collectively in interacting populations. This interaction is considered social whether they are aware of it or not, and whether the exchange is voluntary or not. Etymology The word "social" derives from the Latin word ''socii'' ("allies"). It is particularly derived from the Italian ''Socii'' states, historical allies of the Roman Republic (although they rebelled against Rome in the Social War of 91–87 BC). Social theorists In the view of Karl Marx,Morrison, Ken. ''Marx, Durkheim, Weber. Formations of modern social thought'' human beings are intrinsically, necessarily and by definition social beings who, beyond being "gregarious creatures", cannot survive and meet their needs other than through social co-operation and association. Their social characteristics are therefore to a large extent an objectively given fact, stamped on them from birth and affirmed by socialization processes; and, according to Marx, in producing and reproduci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Russia
The economy of Russia is an Developing country, emerging and developing, World Bank high-income economy, high-income, industrialized, mixed economy, mixed Market economy, market-oriented economy. —Rosefielde, Steven, and Natalia Vennikova. "Fiscal Federalism in Russia: A Critique of the OECD Proposals". ''Cambridge Journal of Economics'', vol. 28, no. 2, Oxford University Press, 2004, pp. 307–18, . —Robinson, Neil. "August 1998 and the Development of Russia's Post-Communist Political Economy". ''Review of International Political Economy'', vol. 16, no. 3, Taylor & Francis, Ltd., 2009, pp. 433–55, . —Charap, Samuel. “No Obituaries Yet for Capitalism in Russia". ''Current History'', vol. 108, no. 720, University of California Press, 2009, pp. 333–38, . —Rutland, Peter. "Neoliberalism and the Russian Transition". ''Review of International Political Economy'', vol. 20, no. 2, Taylor & Francis, Ltd., 2013, pp. 332–62, . —Kovalev, Alexandre, and Alexandre Sokalev. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Subjects Of Russia
The federal subjects of Russia, also referred to as the subjects of the Russian Federation () or simply as the subjects of the federation (), are the administrative division, constituent entities of Russia, its top-level political divisions. According to the Constitution of Russia, the federation consists of republics of Russia, republics, krais of Russia, krais, oblasts of Russia, oblasts, federal cities of Russia, cities of federal importance, an Jewish Autonomous Oblast, autonomous oblast, and autonomous okrugs of Russia, autonomous okrugs, all of which are equal subjects of the federation. Every federal subject has its own governor (Russia), head, a regional parliaments of Russia, parliament, and a constitutional court. Each subject has its own constitution or charter and legislation, although the authority of these organs differ. Subjects have equal rights in relations with federal government bodies. The subjects have equal representation – two delegates each – in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollar
The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish dollar, Spanish silver dollar, divided it into 100 cent (currency), cents, and authorized the Mint (facility), minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallism, bimetallic standard of (0.7734375 troy ounces) fine silver or, from Coinage Act of 1834, 1834, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important intern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ruble
The ruble or rouble (; rus, рубль, p=rublʲ) is a currency unit. Currently, currencies named ''ruble'' in circulation include the Russian ruble (RUB, ₽) in Russia and the Belarusian ruble (BYN, Rbl) in Belarus. These currencies are subdivided into one hundred kopeks. No kopek is currently formally subdivided, although '' denga'' (½ kopek) and ''polushka'' (½ denga, thus ¼ kopek) were minted until the 19th century. Additionally, the Transnistrian ruble is used in Transnistria, an unrecognized breakaway province of Moldova. Historically, the grivna, ruble and denga were used in Russia as measurements of weight. In 1704, as a result of monetary reforms by Peter the Great, the imperial ruble of the Russian Empire became the first decimal currency. The silver ruble was used until 1897 and the gold ruble was used until 1917. The Soviet ruble officially replaced the imperial ruble in 1922 and continued to be used until 1993, when it was formally replaced with the Russi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privatization In Russia
Privatization in Russia describes the series of post-Soviet reforms that resulted in large-scale privatization of Russia's state-owned assets, particularly in the industrial, energy, and financial sectors. Most privatization took place in the early and mid-1990s under Boris Yeltsin, who assumed the presidency following the dissolution of the Soviet Union. Private ownership of enterprises and property had essentially remained illegal throughout the Soviet era, with Soviet Communism emphasizing national control over all means of production but human labor. Under the Soviet Union, the number of state enterprises was estimated at 45,000. Privatization facilitated the transfer of significant wealth to a relatively small group of business oligarchs and New Russians, particularly natural gas and oil executives. This economic transition has been described as ''katastroika'', which is a combination of ''catastrophe'' and the term ''perestroika'', and as "the most cataclysmic peaceti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Second Presidential Term
The second (symbol: s) is a unit of time derived from the division of the day first into 24 hours, then to 60 minutes, and finally to 60 seconds each (24 × 60 × 60 = 86400). The current and formal definition in the International System of Units (SI) is more precise: The second ..is defined by taking the fixed numerical value of the caesium frequency, Δ''ν''Cs, the unperturbed ground-state hyperfine transition frequency of the caesium 133 atom, to be when expressed in the unit Hz, which is equal to s−1. This current definition was adopted in 1967 when it became feasible to define the second based on fundamental properties of nature with caesium clocks. As the speed of Earth's rotation varies and is slowing ever so slightly, a leap second is added at irregular intervals to civil time to keep clocks in sync with Earth's rotation. The definition that is based on of a rotation of the earth is still used by the Universal Time 1 (UT1) system. Etymology "Minute" comes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Presidential Term
First most commonly refers to: * First, the ordinal form of the number 1 First or 1st may also refer to: Acronyms * Faint Images of the Radio Sky at Twenty-Centimeters, an astronomical survey carried out by the Very Large Array * Far Infrared and Sub-millimetre Telescope, of the Herschel Space Observatory * For Inspiration and Recognition of Science and Technology, an international youth organization * Forum of Incident Response and Security Teams, a global forum Arts and entertainment Albums * ''1st'' (album), by Streets, 1983 * ''1ST'' (SixTones album), 2021 * ''First'' (David Gates album), 1973 * ''First'', by Denise Ho, 2001 * ''First'' (O'Bryan album), 2007 * ''First'' (Raymond Lam album), 2011 Extended plays * ''1st'', by The Rasmus, 1995 * ''First'' (Baroness EP), 2004 * ''First'' (Ferlyn G EP), 2015 Songs * "First" (Lindsay Lohan song), 2005 * "First" (Cold War Kids song), 2014 * "First", by Lauren Daigle from the album '' How Can It Be'', 2015 * "First", by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citizenship Of Russia
Russian citizenship law details the conditions by which a person holds citizenship of Russia. The primary law governing citizenship requirements is the federal law "On Citizenship of the Russian Federation" (, ), which came into force on 1 July 2002. Any person born in Russia to at least one Russian parent, or born overseas to two Russian parents receives Russian citizenship at birth. Foreign nationals may become citizens by admission after meeting a minimum residence requirement (usually five years), proving a legal source of income, and demonstrating proficiency in the Russian language. Russia was previously a part of the Soviet Union and its residents were Soviet citizens. Following the dissolution of the Soviet Union, all post-Soviet states established separate citizenship laws. Although citizens of the former Union Republics are no longer Soviet, they continue to be eligible for a facilitated acquisition of Russian citizenship in which they can be exempted from some req ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Taxation In Russia
The tax system of the Russian Federation ( ) is a complex of relationships between fiscal authorities and taxpayers in the field of all existing taxes and fees. It implies continuous communication of all its members and related objects: payers; legislative framework; oversight authorities; types of mandatory payments. The Russian Tax Code () is the primary tax law for the Russian Federation. The Code was created, adopted and implemented in three stages. The first part, enacted July 31, 1998, also referred to as the ''General Part'', regulates relationships among taxpayers, tax agents, tax-collecting authorities and legislators, tax audit procedures, resolution of disputes, and enforcement of law. The second part, enacted on August 5, 2001, defines specific taxes, rates, payment schedules, and detailed procedures for tax calculations. It was significantly amended in 2001–2003 with additions like the new corporate profits tax section and the new simplified tax system for small b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
