Do you need to report to the Pension Fund today? New deadlines for submitting information on staff employment (Form SZV-TD) to the Pension Fund of Russia
The government has set new deadlines for submitting information on staff employment to the Pension Fund (Form SZV-TD). This form must be submitted today April 28, 2020 if any employees were fired or hired in April (please see below for more detailed information).
New deadlines for submitting information on staff employment to the Pension Fund on Form SZV-TD[1] will apply in the period from April 01, 2020 to December 31, 2020. Until the end of 2020, employers will be required to submit Form SZV-TD:
- no later than the working day following the date on which a hiring or dismissal order (or other decisions) is issued;
- no later than the 15th of the month following the month in which:
- an employee is transferred to another permanent position; or
- an employee applied for maintaining his/her employment record book in paper[2] or in electronic form (employment information)[3];
It is important to note that employers must also submit Form SZV-TD on April 28, 2020 if they dismissed or hired employees from April 01, 2020 to April 27, 2020.
If the deadlines for submission of Form SZV-TD are not observed, companies could be fined up to RUB 50,000 and company officers up to RUB 5,000[4].
If you have any questions or would like to discuss the current situation, please write to Anton Kabakov.
Truly yours,
[1] Government Decree No. 590 dated April 26, 2020 http://publication.pravo.gov.ru/Document/View/0001202004270049?index=0&rangeSize=1
[2] Article 66 Russian Labor Code
[3] Article 66.1 Russian Labor Code
[4] Article 5.27(1) Code of Administrative Offenses