The state Duma adopted in the third reading a law increasing the minimum wage
The state Duma at plenary session on Friday adopted in the third and final reading the presidential law on raising the minimum wage (SMIC) to the level of a living wage since may 1, 2018.
The document submitted by the Russian President Vladimir Putin, was approved in the first reading last week. In the second reading the MPs did not support the only amendment that came from the leader of LDPR Vladimir Zhirinovsky. It was proposed to raise the minimum wage to 20 thousand rubles.
The law proposes to set the minimum wage since may 1 11 163 thousand rubles a month, bringing it to the subsistence minimum of the working population.
As noted in the explanatory Memorandum, the implementation of its provisions will affect 3 million people, of which 1.6 million are employed in state and municipal institutions.
According to the feasibility study of the project total cost to increase salaries of public sector employees in 2018 will amount to 39.3 billion rubles, including employees of Federal government agencies — 7.5 billion rubles, and employees of state institutions of RF subjects and municipal institutions to 31.8 billion rubles.
The need for additional funds to increase wages by increasing the minimum wage of employees of organizations of the real sector of the economy in 2018 will amount to 22.7 billion rubles. One third of budget spending returned to the budget system of the Russian Federation in the form of payment of insurance contributions to state extra-budgetary funds and tax on income of individuals.
Earlier, Putin said that the minimum wage in Russia will be equal to the subsistence level since may 1, 2018. According to him, to raise the minimum wage to the subsistence level is planned from 1 January 2019, but his meeting with the head of the Federation of independent trade unions of Russia Mikhail Shmakov he suggested that to accelerate the adoption of this decision, moving it to may 1 — labor Day.
Help
the Outlook on the credit rating of Russia increased. What with the economy all right?The company Moody’s the last of the “big three” rating agencies improved its Outlook on the credit rating of Russia
read More