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April 14—Russia's federal minimum wage would increase to 7,500 rubles ($114) a month from 6,204 rubles ($94) a month effective July 1, 2016, Russian parliamentarians proposed in a federal bill announced by the government April 13.
The government announcement said that it supported the draft law, which followed a March 25 speech by Prime Minister Medvedev that called for an increase of the federal minimum wage to 7,500 rubles per month.
The national minimum wage in Russia is set at the federal level, applies uniformly in every area of the country and is statutorily linked to be not less than the cost of living for an able-bodied person, excluding bonuses and other non-wage remuneration. However, many local governments enact minimum wage rates that are significantly higher than the national rate. Moscow's monthly minimum wage, for example, is 17,300 rubles ($262) per month.
The proposed bill, officially titled “On Amendments to Article 1 of the Federal Law,” is now subject to parliamentary approval.
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