/ / The subsistence minimum in Belarus today and the main social benefits

The subsistence minimum in Belarus today and the main social benefits

The concept of "the size of the subsistence minimum" in Belarusgives the Law “On the size of the subsistence minimum in the Republic of Belarus” of 07.05.2014. Also, this regulation is the legal basis for determining the value of the consumer basket.

What is the cost of living? and how is it calculated

The budget of the subsistence minimum is the amountwhich is necessary to maintain the full functioning of the human body. The amount of money is sufficient to purchase a minimum list of food, non-food products and a set of services.

the cost of living in Belarus today

The indicator is calculated based onsociological polls are set at the level of incomes that have 10-20% of the poorest population or are based on the ability of the economy to provide social benefits (i.e., simply set the maximum subsistence minimum that the economy of a particular state can provide).

What is the cost of living in Belarus

The subsistence minimum in Belarus todayThe day is determined by current legislation, which entered into force on November 1, 2016. Its value is 174.52 Belarusian rubles and corresponds to 1,745,200 at the old rate - before the monetary reform in Belarus. The amount was reduced in relation to the previous period by 98 kopecks, which in percentage terms was 0.6%.

This year the subsistence minimumit has already risen four times, but the last decrease was recorded in the autumn of the previous year. The current value of the minimum consumer basket will remain unchanged until the end of January next year.

Why do we need a minimum level of income of the population

Minimum Income Planningpopulation necessary to ensure the normal life, is required to summarize statistics on the welfare of all social strata of the population of the state.

The determination of the budget of the subsistence minimum is used later for accrual:

  • certain categories of benefits;

  • state aid to low-income families;

  • minimum wages and social benefits;

  • cash collateral for years of service.

What is the cost of living in Belarus?

Прожиточный минимум в Беларуси на сегодняшний day is a criterion for indexing incomes of citizens. He is the main indicator in establishing benefits and targeted assistance. In addition, the amount of the subsistence minimum and the comparison of the amount with the real incomes of citizens determine those segments of the population that need social support.

What indicators will affect the last reduction of the subsistence minimum

As mentioned above, the subsistence minimum inBelarus today affects many social benefits. However, by Presidential Decree No. 726 “On the accrual of social payments”, the size of the budget for the last 2 quarters, which was the highest, will be taken as the basis for assigning the amounts of these sums. Thus, the Ministry of Labor of the Republic of Belarus officially announced that citizens should not be worried, since the decline in the valuation of the consumer basket will not affect the payments calculated from its size.

The subsistence minimum in Belarus and payments for various categories of the population

Each state develops its ownthe program of accrual of minimum payments depending on the level of economic development. However, there are proposals to make this amount equal for all countries. But the offer was rejected for a number of objective reasons.

size of the subsistence minimum in Belarus

One of the reasons for the world’s refusal toequal calculation of the subsistence minimum was, for example, the need to provide the population with warmth in winter. In countries with hot climates, this does not make sense, whereas in the northern powers a considerable amount is spent on heating.

The subsistence minimum in Belarus today amounts to such amounts for different categories of citizens:

  • children under 3 years old - 111 rubles 99 kopecks;

  • children aged 3 to 6 years - 154 rubles 97 kopecks;

  • children aged 6 to 18 years - 191 rubles;

  • students - 169 rubles 72 kopecks;

  • citizens of working age - 193 rubles 14 kopecks;

  • citizens of retirement age - 134 rubles 41 kopecks.

From the cost of the consumer basket with the leastthe necessary list of food is calculated and social charges for the main needy segments of society, i.e. payments to large families, disabled children, disabled citizens, the poor, and so on.

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