Raising The Minimum Wage

Original Language Title: О повышении минимального размера оплаты труда

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.
Spspent power-Federal Law of 09.01.97 N 6-FZ RUSSIAN FEDERATION FEDERAL LAW On raising the minimum wage adopted by the State Duma on 20 March 1996 Federation 10 April 1996 Article 1. The minimum wage will be set at 75,900 rubles per month on 1 April 1996. Article 2. The minimum wage set by article 1 of this Federal Law is introduced by: , financed by budget sources, from the respective budgets; other organizations, by their own means. Article 3. Scholarships to students of higher vocational education institutions, students of secondary vocational education and primary vocational education, post-graduate students At the post-graduate level, educational institutions of higher vocational education and research institutions, appropriate benefits and other social benefits are established on the basis of article 1 of this Federal Act. The minimum wage. 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. The calculation of taxes, fees and other charges in accordance with the law, depending on the minimum wage, shall be calculated according to the minimum wage established by article 1 of this Federal Act. Labour. Article 6. Admit invalid Federal Law "On raising the minimum wage" of 1 November 1995 N 159-FZ (Legislative Assembly Russian Federation, 1995, 4235). Article 7. This Federal Act shall enter into force on 1 April 1996, with the exception of article 5, which shall be enforced from the date of the official publication of this Federal Law. President of the Russian Federation Yeltsin Moscow, Kremlin 22 April 1996 N 40-FZ