Compensation of state social obligatory insurance unified fee

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March 2013

 

The Cabinet of Ministers of Ukraine approved the order of compensation of state social obligatory insurance unified fee in Decree dated March, 13, 2013 № 153 (hereinafter – the Order).

The Order describes the compensation procedure of 50 per cents of accrued unified fee by the Pension Fund of Ukraine departments (hereinafter – the PFU).

However, the compensation is not related to all employers. Thus, there are two mandatory provisions for the employers :

-          The workplace must be newly created (beginning to 2013);

-          The size of salary should be not less than three minimum wages (3441 UAH).

The compensation will be valid since 12 months after the workplace creation.  

To receive the compensation, an employer shall submit application (on the approved form) to the PFC authorities.

After submitting the application, PFC authorities together with the State Labour Inspectorate of Ukraine shall take a decision on granting (refusal of) compensation. The total period of application examination shall not exceed one month and fifteen days.