RUSSIAN FEDERATION FEDERAL LAW On the performance of the Pension Fund Russian Federation for 1995 adopted by the State Duma on 11 December 1996 Approved by the Federation Council on 25 December 1996 Article 1. Report on the performance of the budget of the Pension Fund of the Russian Federation for 1995 on the following main indicators: (billion) Russian Federation Pension Fund balance as at 1 January 1995: 1509.50 including: 1470.25 Income of insurance contributions 74366.22 Federal budget funds channelled through Russian Federation's Pension Fund for the purpose of financing the payment of State pensions and benefits 6047.52 Funds of the Social Insurance Fund of the Russian Federation 799.00 Free State Employment Fund of the Russian Federation Federation 229.20 Miscellaneous income 3712.19 including: Pensions, financial sanctions 3094.01 revenues from the maintenance of the Pension Fund accounts of the Russian Federation by banks 272.39 funds refundable by the State Employment Fund Russia's population of the Russian Federation by costs of early pensions unemployed citizens 275.46 Other income 70.33 Loans received from banks for the financing of pensions 3583.05 Short-term loans from Local budget 204.23 Total revenue 88941.41 Balance 90450.91 State pension and benefit expenses from the Pension Fund budget of the Russian Federation 75996.34 of them: Payment of early pensions to unemployed persons reimbursed by the State Fund for the employment of the population of the Russian Federation 337.44 Lump sum payments under paragraph 2 of the Decree THE RUSSIAN FEDERATION href=" ?docbody= &prevDoc= 102045182&backlink=1 & &nd=102034157 "target="contents"> dated 7 February 1995 N 99 " On additional measures to prepare for the commemoration of the Great Patriotic War 1941-1945 " State pensions and benefits provided by the Pension Fund of the Russian Federation on a return basis from the federal budget 8680.73 of them: the costs of public pensions and benefits, Financed by the Pension Fund of the Russian Federation basis 6526.60 costs of delivery and transfer of pensions, executed by the State and financed by the Russian Pension Fund of the Russian Federation on repayable basis 2154.13 Contents of organs Russian Federation Pension Fund 545.74 Training and retraining 3.40 Capital investments and project works 145.08 Development and commissioning of an automated information system of the Pension Fund of the Russian Federation 41.20 Other expenses 527.22 include: Financing of Regional Programs Social Protection of the Population by means foam and financial sanctions 328.70 interest expense for loan and loan use 192.60 other expenses 5.92 Refunto of commercial banks received from them 2224.30 Return of short-term loans 144.20 All expenses 88708.76 Balance of Pension Fund of the Russian Federation (on the system) as at 1 January 1996 1742.15 including: cash 1061.24 Balance 90450.91 Article 2. The financing of which is made in accordance with the legislation of the Russian Federation at the expense of the federal budget on a repayable basis amounted to 2633.21 billion rubles. -Ruble. The Government of the Russian Federation will issue a debt to the Pension Fund of the Russian Federation in accordance with the established procedure by issue to the Pension Fund of the Russian Federation government securities with a yield of 40 per cent per annum. The full year 1997 is due to be paid in full in 1997. Article 3. This law shall enter into force on the date of its official publication. President of the Russian Federation B. Yeltsin Moscow, Kremlin 10 January 1997 N 10-FZ