Document from CIS Legislation database © 2003-2024 SojuzPravoInform LLC


of December 21, 1990 No. 476-XII

About income indexation of the population taking into account inflation

(as amended on 10-12-2020)

This Law regulates general procedure for income indexation of citizens of the Republic of Belarus, the foreign citizens and stateless persons having the income in monetary units of the Republic of Belarus in the territory of the Republic of Belarus in connection with the inflation caused by increase in prices for consumer goods and services in the territory of the Republic of Belarus.

Article 1. Concept and subjects to indexation

Indexation represents adjustment of size of the income of physical persons in monetary units of the Republic of Belarus which does not have one-time nature from the budget sources (benefit, grants, the salary on place of employment, cash allowance) for the purpose of partial compensation of the losses caused by inflation.

To the physical persons gaining cash incomes in the territory of the Republic of Belarus from other sources, compensation of losses from inflation can be performed at the expense of means of the organizations for the bases provided by collective agreements (agreements).

Indexation can be performed in the form of one-time review of the amount of compensation (the tariff charges (tariff salaries), salaries, official pay rates), benefits, grants, cash allowance.

The collected according to the legislation the salary, warranty and compensation payments are indexed at size of consumer price index irrespective of sources at the expense of legal entities and physical persons because of which there was need of implementation of the specified penalties.

Article 1-1. Consumer price index

The consumer price index is calculated National Statistical Committee and monthly (no later than the 20th day of the next month) is published in republican mass media, including the accruing result since the beginning of year and from the moment of the previous indexation.

Article 2. Indexation of cash incomes

Indexation of the cash incomes determined in part one of article 1 of this Law is made if the consumer price index estimated in the accruing result from the moment of the previous indexation exceeds five-percent threshold.

Indexation of the cash incomes determined in part one of article 1 of this Law is performed at size of consumer price index with adjustment according to the standard rate established by the legislation.

The indexed income is paid, since next month.

Indexation of cash incomes is made in the place of their obtaining.

Article 3.

It is excluded

Article 4. Sources of financing of compensation of losses of the income of the population

Indexation of cash incomes of the population is performed at the expense of sources from which the corresponding payments are made.

Article 5.

It is excluded

Article 6. Procedure for the dispute resolution

The disputes over questions of indexation which did not find permission within a month in the place of payments are subject to consideration judicially.

Article 7. Control of execution of the legislation on indexation

Control of execution of this Law is exercised by state bodies, and also labor unions and associations of employers according to the legislation.

Article 8. Responsibility for violation of the legislation on indexation

Perpetrators bear the responsibility established by the legislation for violation of this Law.

Chairman of the Supreme Council of the Republic of Belarus

N. Dementya

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SoyuzPravoInform LLC.