Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 26.03.2009

Decision of the Government of the Russian Federation No. 247 of March 21, 2009 on the Endorsement of the Coefficient of Additional Increase from April 1, 2009 of the Insured Part of the Labour Pension

From April 1, 2009, the insured part of the labour pension is increased by 17.5% more.

Decision of the Government of the Russian Federation No. 248 of March 21, 2009 on the Endorsement of the Coefficient of Indexing of the Estimated Pension Capital of the Insured

The coefficient of indexing of the estimated pension capital of the insured as of January 1, 2008 is fixed in the amount of 1.269.

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