The new withholding amount from employers for salary payment has been in effect in Belarus since May 1

In Belarus, when calculating funds to be transferred out of turn for the repayment of wage arrears, employers must reserve Br2 million 441 thousand 400 per employee. This standard has been applied since May 1 of this year, as reported to a BELTA correspondent by the Ministry of Labor and Social Protection.

In Belarus, when calculating funds to be transferred out of turn for the repayment of wage arrears, employers must reserve Br2 million 441 thousand 400 per employee. This standard has been applied since May 1 of this year, as reported to a BELTA correspondent by the Ministry of Labor and Social Protection.

According to specialists, in accordance with Decree No. 483 of November 27, 1995, "On Ensuring Timely Payment of Wages," amounts directed to repay wage arrears are withheld from employers on an undisputed basis, corresponding to 1.5 times the subsistence minimum budget for the working-age population, adjusted between approvals for the consumer price index, taking into account the coefficients for increasing the wage rates of workers by technological types of work, production, and economic sectors.

By resolution of the Ministry of Labor and Social Protection, the subsistence minimum budget for the working-age population has been approved at March prices of last year in the amount of Br1 million 627 thousand 600. Thus, from May 1, when calculating funds to be transferred out of turn for the repayment of wage arrears, employers must reserve an amount per employee corresponding to 1.5 times the subsistence minimum budget for the working-age population, which is Br2 million 441 thousand 400.