1 November, Minsk /Elena Prus - BELTA/. When calculating the funds to be transferred out of turn of payments to cover wage arrears, employers must reserve Br1,444,700 per employee. This standard has been applied since November 1 of the current year, the Ministry of Labour and Social Protection of Belarus informed a BELTA correspondent. In accordance with Decree No. 483 of November 27, 1995, "On Ensuring Timely Payment of Wages", amounts directed to cover wage payment arrears, equivalent 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 workers' tariff rates by technological types of work, production and economic sectors, are withheld from employers on a non-disputed basis. Resolution of the Council of Ministers of October 26 of the current year No. 974 approved the subsistence minimum budget for the working-age population at September prices of the current year in the amount of Br963,130 for the period from November 1, 2012, to January 31, 2013. When calculating the funds to be transferred out of turn of payments to cover wage arrears, employers must reserve an amount equivalent to 1.5 times the aforementioned subsistence minimum budget, i.e., Br1,444,700 per employee. If the employees' remuneration system provides for the application of coefficients for increasing workers' tariff rates by technological types of work, production, economic activities and sectors, employers must reserve an amount per employee, taking into account the specified coefficients, when calculating funds to cover wage arrears. -0-

BELTA