The Russian president Vladimir Putin signed a Law defining new rules for judicial recoveries for violations in reporting that should be submitted to the Pension Fund authorities.
Starting from July 31, 2020, the Pension Fund authorities (Pension Fund of Russia) will be able to apply to the court to recover fines from companies if their total amount is equal to (or exceeds) 3,000 rubles. If the amount of the fine is less, the Pension Fund of Russia will not be able to file a legal claim, and the penalty will be registered with the company until it reaches the specified amount.
Please be reminded that employers have to submit the following reporting forms to the Pension Fund of Russia:
For late, incomplete or inaccurate submission of reporting to the Pension Fund authorities, employers face liability in the form of imposition of a fine (article 17 of Law No. 27-FZ):
– 500 rubles for each employee, information about whom should be entered in the document
– 1,000 rubles in case of submission of a paper reporting form instead of an electronic one with the number of employees more than 25 people.