Ukraine: Unemployment Compensation Provisions Amended

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By Sergei Blagov

April 29—Unemployment compensation must be paid twice each calendar month unless recipients agree to monthly payments, under legislation published April 25 (Law No. 292-VIII) to amend provisions of the social insurance act.

The new law also revised provisions that govern unemployment benefit lump-sum distribution. Ukraine's new law stipulates that the payment of the lump-sum unemployment benefit in the form of a subsidy to start up a business must be made within 14 days of the date of the state registration of the new business.

Ukrainian authorities have enacted a series of amendments to the country's labor legislation this year, including last month's signing by President Petro Poroshenko of Law No. 219-VIII, which cut mandatory social insurance contributions to 40 percent of the regular rate in 2015 and to 60 percent in 2016.

To contact the reporter on this story: Sergei Blagov in Moscow at correspondents@bna.com

To contact the editor responsible for this story: Rick Vollmar at rvollmar@bna.com

The full text of Law No. 292-VIII, dated April 7 and effective May 25, 2015, is available at http://www.golos.com.ua/article/254323, of Law No. 219-VIII, effective March 11, at http://zakon2.rada.gov.ua/laws/show/219-19, both in Russian.

For more information on Ukrainian HR law and regulation, see the Ukraine primer.