System Information
Operating system: Windows-10-10.0.19041-SP0 64 Bits
Graphics card: GeForce RTX 2070/PCIe/SSE2 NVIDIA Corporation 4.5.0 NVIDIA 456.71

Blender Version
Broken: version: 2.82 - 2.91.0 Beta, branch: master, commit date: 2020-10-23 17:33, hash: rB70cc0d7121aa
Worked: -

Short description of error

Viewport showing particles as expected at frame 0, but they render right at emitter, like never started.
Also baked version say it's 87 frames, but 0-87 it's 88
Please watch the video to see the issue:

Exact steps for others to reproduce the error

you can use this .blend file: