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FEDERAL LAW OF THE RUSSIAN FEDERATION

of November 27, 2023 No. 548-FZ

About introduction of amendments to article 1 of the Federal law "About the Minimum Wage" and recognition voided articles 2 and 3 of the Federal law "About Modification of Article 1 of the Federal Law "About the Minimum Wage" and about Suspension of Action of Its Separate Provisions"

Accepted by the State Duma on November 16, 2023

Approved by the Federation Council on November 22, 2023

Article 1

Bring in article 1 of the Federal Law of June 19, 2000 No. 82-FZ "About the minimum wage" (The Russian Federation Code, 2000, No. 26, Art. 2729; 2021, No. 1, Art. 12; No. 50, Art. 8413; 2022, No. 52, Art. 9352) following changes:

The first and second to state 1) to part in the following edition:

"Article 1. Establish the minimum wage since January 1, 2024 in the amount 19 242 rubles a month.

The minimum wage for the next year is established by the Federal Law in the current year taking into account the size of the median salary calculated by the federal executive body performing functions on forming of official statistical information on social, economic, demographic, ecological and other public processes in the Russian Federation for previous year.";

The fourth and fifth to state 2) to part in the following edition:

"Since 2025 the ratio of the minimum wage and the median salary is established at a rate of not less than 48 percent.

The ratio of the minimum wage and the median salary specified in part four of this Article is reviewed at least once in five years proceeding from conditions of social and economic development of the Russian Federation.".

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