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The law on increasing the minimum Wage to a living wage signed

Legal advice 07.03.2018 at 16:12

Legal advice

Russian President Vladimir Putin signed the law on

raising the minimum wage (SMIC) to level

the subsistence level. The document will come into force on may 1, 2018, he

published on the official portal of legal information.

"to Set a minimum wage since may 1, 2018 in the amount of 11 163 rubles a month", — the document says.

the Law was approved by the Federation Council on February 28. Thus, from may 1

the amount of the minimum wage will be 11 163 rubles, which is comparable to a living wage

of the working population. Document will affect 3 million people, of which

1.6 million are employed in state and municipal institutions.

Recall that in 2017, the state Duma adopted the law raising the minimum wage to 9489

rubles per month from 1 January 2019. However, at the meeting with workers

Tver carriage works Putin called for a more operational

the alignment of the two and said that the increase will take effect from may 1, 2018