Problems with Pension Payment Delays Solved Via Businessmen :: Charter'97 :: News

Draft decree on urgent measures to stabilize the state pension fund was placed on Alexander Lukashenko’s desk for final approval. The draft decree implies revision of the social insurance system for individual entrepreneurs.

IA “Rosbalt” was told by deputy head of the pension fund of Belarus Leonid Pisarchik that they propose to make the social insurance system for individual entrepreneurs mandatory with a monthly transfer of dues, worth 36% of the minimal living budget. So far, the insurance was free for them, being popular only among 2% of the small business representatives.

At the moment there are some 200,000 individual entrepreneurs in the country. “Rosbalt” correspondent was told by deputy chair of the Belarusian entrepreneurial trade union Leonid Kalitenya, that the new insurance order had been worked out by the government without any care for businessmen and not taking into account their opinion. This order, he said, only imposes greater taxes on people, who are being forced to pay extra $15 a month.