A draft document on insuring against the risk of non-payment of wages in case of an organisation's bankruptcy has been submitted to the government for consideration. This was announced on the air of the "Belarus 1" TV channel by the Chairman of the Federation of Trade Unions of Belarus, Mikhail Orda, as reported by BELTA.
"We have submitted a proposal to the government to create a specific insurance fund for cases of wage loss for people working in enterprises that are undergoing bankruptcy or rehabilitation," he informed. According to the Chairman of the FTUB, during the preparation of the document, specialists studied how this problem is resolved in other countries. The insurance funds formed for these purposes effectively address this issue.
As previously reported, the introduction of such a protection mechanism will allow an employee to receive a guaranteed income for a certain period in case of the debtor-employer's bankruptcy, ensure timely payment of insurance contributions, which guarantees pension provision, and also prevent an increase in the budget's expenditure.
Mikhail Orda also noted the necessity of taking all measures to increase the birth rate in Belarus. "The President of our state actively supports such issues. We have now submitted a proposal, and I believe it will be considered in the near future. This concerns the accrual of pensionable service for mothers with four children; currently, it is only accrued for three children. We believe this is a legislative omission and this issue will be resolved soon," added Mikhail Orda.
Speaking about the most significant initiatives, the Chairman of the FTUB emphasised the role of trade unions in preparing proposals for the updated Labour Code. More than 40 proposals have been submitted and supported. The document is intended to resolve a number of problematic issues. For example, it aims to regulate issues related to employees' material liability, the validity of short-term contracts, and others.
The Chairman of the Federation also elaborated on the ongoing work on public control over price increases. Specialists are studying prices for 97 food items in more than 200 stores across 137 districts of the country. "We are proposing how to influence pricing effectively today. We have our own clear understanding and considerations. Thanks to the very close cooperation with the government on this matter, the situation has been stabilised. And today, a normative legal act of the government has been developed, which should fully regulate this issue," he concluded.