Belarus to raise subsistence wage 6.4% in August
MINSK (BelTA) - The Belarus' Ministry of Labor and Social Security passed resolution No. 45 on 20 July to approve the average per capita subsistence wage level in the prices of June 2015, BelTA learnt from the National Legal Internet Portal.
Starting from 1 August the average per capita subsistence wage will amount to Br1,569,130, up 6.4% from 1 May-31 July 2015 when it equaled Br1,474,870. The consumer price index growth made up 2.3% over the period.
For working-age population the subsistence wage will stand at Br1,719,890, for pensioners – Br1,193,160, for students – Br1,521,300; children under 3 – Br1,001,040, for children aged from 3 to 6 – Br1,403,260, for children aged 6 to 18 – Br1,718,010.
According to the Labor and Social Security Ministry, labor minimal and social pensions, government allowances for families raising children and other social payments will increase in August as well.
According to the Ministry of Labor and Social Security, the subsistence wage is used to analyze and forecast the standard of living of the population, allocate state social assistance to low-income persons (families), calculate minimum social and labor guarantees.