Raising The Minimum Wage

Original Language Title: О повышении минимального размера оплаты труда

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Expired-the Federal law dated 01.11.95 g. N 159-FZ of the RUSSIAN FEDERATION federal law on raising the minimum wage passed by the State Duma July 19, 1995 year approved by the Federation Council July 21, 1995 year Article 1. Install the minimum wage with August 1, 1995 year amounting to 55000 rubles per month.
Article 2. The minimum wage is set by article 1 hereof, is introduced: organizations funded from budget resources, at the expense of the respective budgets;
other organizations-at their own expense.
Article 3. Scholarships for students of educational institutions of higher professional education students of institutions of secondary vocational education and basic vocational training, graduate students studying full-time in graduate school educational institutions of higher professional education and research institutions, relevant allowances and other social payments are based on a certain article 1 the present Federal minimum wage law.
Article 4. Costs associated with payments provided for in article 3 of this federal law, shall be made at the expense of existing sources of funding.
Article 5. The Government of the Russian Federation to amend the State Duma of the Federal Assembly of the Russian Federation Law on refining indicators federal budget for the year 1995 in connection with the increase of the minimum wage by organizations funded from the federal budget, with the exception of income targeted budgetary funds.
For organizations financed from the budgets of the constituent entities of the Russian Federation, the costs associated with raising the minimum wage are carried out in the manner prescribed by the respective entities of the Russian Federation.
Article 6. Shall be invalidated by the Federal law "about raising the minimum wage" (collection of laws of the Russian Federation, 1995, no. 17, p. 1453).
Article 7. Calculation of taxes, fees and other payments, in accordance with the legislation of the Russian Federation on taxes depending on the minimum wage, is made on the basis of article 1 of this federal law, the minimum wage with August 1, 1995 year.
Article 8. This federal law enters in force from August 1, 1995 year.
Russian President Boris Yeltsin in Moscow, the Kremlin July 27, 1995, N 116-FZ