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Rules For The Socially Insured Persons Pensions Capital

Original Language Title: Noteikumi par sociāli apdrošinātās personas pensijas kapitālu

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Cabinet of Ministers Regulations No. 203 (No. 31) the rules on the social capital of the pension of the insured person issued in accordance with the law "on State pensions" 1 2 the first paragraph of article 1 these rules determine the order in which the formation of socially insured persons (hereinafter referred to as the "insured person") pension capital that valid, calculation of the national pension law "on State pensions" (Latvian journal, 1995, no. 182; 1996, no. 64) 12. in accordance with the procedure laid down in article.
2 the insured person's pension capital consists of social security contributions, the amount of the annual capital growth (annual capital increase depend on the wage index of the insurance fee, determined by the Ministry of welfare).
3 social insurance consists of: 3.1 the State Social Insurance Fund paid each month and the personal account of the insured person registered and listed in the social security contributions: 3 1.1.20% of the insured person's working income, any subject to social tax according to the law "on social tax" (Latvian journal, 1995, no. 182; 1996,31., no. 32);
3.1.2.20% of the consideration for the loss of capacity for the period when the insured person recognised as disabled due to accident at work or an occupational disease and not working, but not longer than until the granting of old-age pension age required. 1997 l January social security contributions for the period concerned shall work accident and occupational disease insurance fund;
3.1.3.20% of the minimum wage for a period of 90 percent, when the insured person receives unemployment benefits. By 1 October 1996 in the social security contributions of the person concerned shall be made to the employment fund;
3.1.4. the 20 percent of the minimum wage for the period when the insured person: 3.1.4.1. in accordance with the law of the State on compulsory military service;
3.1.4.2. studying higher education institutions the day section, but no more than seven years and not more than 35 years of age;
3.1.4.3. learn the days of the Department or University postgraduate refresher course day section;
3.1.4.4. looked after him until he reaches three years of age;
3.1.4.5. found in prison and are rehabilitated;
3.1.5.1997 Jan l. social insurance contributions for this rule 3.1.4. persons referred to in subparagraph is made from the State budget;
3.2 from the personal account of the insured person in the State social insurance fund each month to the registered and listed social insurance contributions: 3.2.1.20 percent from the previous year's average insurance salaries 50 percent during a period when the insured person recognised as disabled and not working, but not longer than until the granting of old-age pension age required;
3.2.2.20 percent of sickness or maternity benefits.
4. The transitional issues until the employment fund will be created and work accident and occupational disease insurance fund, social insurance registration and accounting of the Insured Person's pension capital formation provides the State social insurance fund, in the following order and quantities: 4. l. l. from 1996 to January of 1996 October — 20 percent of the minimum wage for a period of 90 percent, when the insured person receives unemployment benefit;
4.2. from 1996 to January 1997 l. January 1 — 20 percent of the stated in the 1995 average insurance salaries 50 percent for the period in which the insured person is recognized as disabled due to accident at work or an occupational disease and not working but no longer as to the granting of old-age pension age required.
5. For the period up to January 1, 1996, when the insured person recognised as disabled (also due to accident at work or an occupational disease) and not working, but not longer than until the granting of old-age pensions in the required age, pensions starting capital for the State social insurance fund of the social insurance contributions provide tracking and accounting 20 percent: 5.1 in 1995 from average insurance salaries 50 percent for calculating old-age pensions in 1996;
5.2. from the 1996 average insurance salaries 50 percent for calculating old-age pensions in 1997 and subsequent years.
6. in 1996, the State social insurance fund provides social apdrošināšanasiemaks registration and records of his personal account every month, 20 percent of the minimum wage for the period referred to in that rule 3. l. 4. above.
Prime Minister, Minister for education and science, the Deputy Prime Minister m. Grinblat Welfare Minister v. Makarova in Riga on 11 June 1996 in