ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of December 24, 2011 No. 1121

About procedure for investment of funds of the federal budget, means of the single treasurer account, reserve of funds for implementation of compulsory social insurance from labor accidents and occupational diseases and other means on bank deposits

According to the Budget code of the Russian Federation the Government of the Russian Federation decides:

1. Approve the enclosed Rules of investment of funds of the federal budget, means of the single treasurer account, reserve of funds for implementation of compulsory social insurance from labor accidents and occupational diseases and other means on bank deposits.

2. Determine that:

a) the means of the federal budget, means of the single treasurer account, reserve of funds for implementation of compulsory social insurance from labor accidents and occupational diseases, means of insurance premiums for financing of funded pension, additional insurance premiums for funded pension, fees of the employer for benefit of insured person paid according to the Federal Law "About Additional Insurance Premiums for Funded Pension and the State Support of Forming of Pension Accruals" which arrived within financial year in Fund of pension and social insurance of the Russian Federation, and means of reserve of Fund of pension and social insurance of the Russian Federation for mandatory pension insurance (further - means) can be placed on bank deposits in credit institutions in case of their compliance to the requirements established by Rules approved by this resolution;

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