The Federation Council approved a law raising the minimum wage to a living wage
MOSCOW, 26 Dec — RIA Novosti. The Russian Federation Council on Tuesday approved a government law on raising the minimum wage (SMIC) to the level of the subsistence minimum.
According to the law, from 1 January 2018, the minimum wage will be set at 85% of the subsistence minimum is 9 thousand 489 rubles, and starting January 1, 2019 it will always be set to the size of the subsistence minimum for the second quarter of the year preceding the establishment of the minimum wage.
Information about the subsistence minimum are reviewed on a quarterly official publication and posted on the official website of the authorized Agency.
The measures, including raising the minimum wage, a new demographic measure that will allow a certain way to overcome poverty in Russia, you need to see how they work, as stated previously, the Minister of labour Maxim Topilin.