The Verkhovna Rada of Ukraine has repeatedly adopted the Law "On Amendments tot certain Legislative Acts of Ukraine concerning the Debt Extinction before the Pension Fund of Ukraine and Strengthening of the Liability for the Violation of the Law in the Sphere of the Compulsory State Pension Insurance"

21 May 2009, 10:20

The Law in particular envisages the penalty at the rate of 10 % of the sum paid not in time for the nonpayment or payment not in time of the insurance charges.

The corresponding Bill is registered under the number 2315