Social insurance 2024

Employees in Russia don’t pay any insurance contributions themselves. Employers pay all obligatory insurance contributions.

Compulsory insurance contribution rates

Employers pay contributions at a unied rate of insurance contributions for compulsory pension, social, and health insurance.

The standard rate, within the established limit base for calculating insurance contributions, is 30% of all employee remunerations. Above the established limit value of the base for calculating insurance contributions — 15.1%. The limit is the amount of payment to the employee during the year on an accrual basis. This indicator is set by the Russian government every year.

In 2024, the limit is 2,225,000 rubles. Those, starting from the moment when payments to an employee exceed this limit, the employer calculates contributions at a reduced rate — 15.1%

Incentive rates for insurance contributions

In 2024, there are several incentive rates for insurance contributions for small businesses, Skolkovo enterprises, IT companies, and others. Reduced rates are 0%, 15%, and 7.6%. For example, companies from the register of small and medium-sized businesses enjoy a reduced rate of 15%, starting from a salary amount exceeding the minimum wage.

For IT companies, the rate is 7.6%. To do this, the company must receive accreditation from the Ministry of Digital Development, and revenue from IT activities must be at least 70% of the company’s total revenue. Companies registered in special economic zones of Russia can also use a rate of 7.6%

Compulsory social insurance against accidents at work and occupational disease rates

This type of contribution is also paid by the employer. There is no limited value base for this type of contribution. The rate depends on the type of employer’s occupational risk. Social Fund set type of occupational risk depends on registered codes of the company’s economic activities (OKVED). In total, there are 32 types of occupational risk.

Rates vary from 0.2% to 8.5%. As a rule, companies whose activity is not related to production, construction, hazard manufacturing, etc., have a 0.2% rate of contributions.

Tax base

Almost all employee remuneration is subject to insurance contributions.

Example of payroll calculation

For an employee who is a tax resident of Russia with a gross salary of 100,000 the employer has the following payroll calculation:

Gross salary: 100, 000 rubles
Personal income tax (13%): 13, 000 rubles (100,000*13%)
Net salary: 87, 000 rubles (100,000-13,000)
Compulsory insurance contributions (30%) – 30,000 rubles (100,000*30%)
Compulsory social insurance against accidents at work and occupational diseases (0.2%) – 200 rubles (100,000*0.2%).

Reporting period

Reporting periods are — month, the 1st quarter, the 1st semiannual, 9 months of the year, and the year.

Payment of insurance contributions

The employer pays compulsory insurance contributions no later than the 28th of each month. The employer pays compulsory social insurance against accidents at work and occupational diseases no later than the 15th of each month.

Reports

The employer submits every quarter report on calculated insurance contributions (RSV form) no later than the 25th of the month following the reporting quarter.

Each month before the 25th of the month, the employer must submit a notication on paid insurance contributions.

Also, each month before the 25th of the month, the employer submits the report EFS-1, which contains information about the number of employees with details per employee, accrued amount of remunerations and contributions, information on accrued compulsory insurance against accidents at work and occupational diseases and employment.

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