The Pension and Social Insurance Fund of the Russian Federation is an off-budget state fund established by Federal Law No. 236-FZ “On the Pension and Social Insurance Fund of the Russian Federation” dated 14.07.2022, through reorganization of the Pension Fund of Russia and its merger with the Social Insurance Fund of Russia.
January 1, 2023, is the Fund’s founding date.
The Social Fund of Russia (SFR) aims to provide pensions, pension insurance, mandatory social insurance in case of temporary disability and in connection with motherhood, mandatory social insurance against accidents at work and occupational diseases, social security, and the provision of social protection measures (support) to certain categories of citizens.
The government of the Russian Federation exercises functions and powers of the SFR founder.