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Fixed amount of insurance premium
The fixed amount of the insurance contribution is determined as the product of the minimum wage established by federal law at the beginning of the financial year for which the insurance contributions are paid, the insurance contribution rate applicable to the relevant fund established by paragraph 2 of article 12 of this Federal Law, multiplied by twelve, and the number of all members of the peasant (farmer) household, including the head of the peasant (farmer) household1.
Federal Law No. 212-FZ dated July 24, 2009 "On Insurance Contributions to the Pension Fund of the Russian Federation, the Social Insurance Fund of the Russian Federation, and the Federal Compulsory Medical Insurance Fund", as amended on December 20, 2016, Article 14, paragraph 2 // RSZ RF. 2009. No. 30. Page 3738. ↩