Raising The Minimum Wage

Original Language Title: О повышении минимального размера оплаты труда

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Overtaken by Federal Law N 116-FZ RUSSIAN FEDERATION FEDERAL LAW On raising the minimum wage adopted by the State Duma on 12 April 1995 Approved by the Council Russian Federation 13 April 1995 Article 1. The minimum wage will be 34400 roubles per month as of April 1, 1995, and 4,3700 roubles per month as of May 1, 1995. Article 2. The minimum wage established by article 1 of this Federal Law is introduced by: enterprises, organizations and institutions financed from budgetary sources-from funds The relevant budgets; other enterprises, organizations and institutions-through their own means. Article 3. Scholarships for students of higher vocational education institutions, students of secondary and primary vocational education and post-graduate students in post-graduate studies at the postgraduate level Educational institutions of higher vocational education and research institutions, appropriate benefits and other social benefits are established on the basis of the minimum requirements of this Federal Act. rates of remuneration. Article 4. The costs of the payments under article 3 of this Federal Act shall be borne by the existing sources of their financing. Article 5. OF THE PRESIDENT OF THE RUSSIAN FEDERATION of the Russian Federation and the Supreme Soviet of the Russian Federation, 1993, 1248) and the Federal Law "On raising the minimum wage" (Assembly of Russian legislation, 1994, N 10, sect. 1107). Article 6. The calculation of taxes, fees and other charges in accordance with the laws of the Russian Federation on taxes according to the minimum wage is made on the basis of article 1 of this Federal Act. The minimum wage was 1 April 1995 and 1 May 1995, respectively. Article 7. This Federal Act shall enter into force on 1 April 1995. President of the Russian Federation Yeltsin Moscow, Kremlin 20 April 1995 N 43-FZ