On December 12, during a plenary session, deputies of the Supreme Council adopted the law “On the budget of the Unified State Social Insurance Fund for 2019” and sent it to the President for signature. December 27 Vadim Krasnoselsky signed it. The document will come into force on January 1 next year.
The unified fund of state insurance will amount to 1,867 million rubles, expenses - 2,464 million rubles. The initial version of the budget of the fund was subsequently significantly adjusted by deciding on a seven percent increase in pensions. Most of the funds of the social insurance fund will continue to be spent on pension benefits for citizens.