The Ministry of Employment and Labor Relations of Uzbekistan has published new tariff rates that will be effective from February 1 of this year.
Earlier, it was reported that at the end of December, Shavkat Mirziyoyev signed a resolution on measures to ensure the implementation of the law “On the state budget of the Republic of Uzbekistan for 2020”.
According to the document, from February 1, 2020, the salary of public organization employees, as well as pensions, stipends, allowances and material assistance to low-income families is increased by 1.07 times.
Thus, from February 1, 2020, the following new tariff will be established in the republic:
- minimum payout for labor (MPL) – 679,330 soums per month;
- basic calculating amount of pension (BCAP) – 238,610 soums per month;
- minimum pension by age – 466,680 soums per month;
- allowance for disabled person since childhood – 466,680 soums per month;
- minimum amount of the allowance for elderly and disabled citizens, who do not have the required work experience – 286,390 soums per month.
At the same time, the base calculating amount (BCA – 223,000 soums) will remain unchanged.
It should be recalled that the MPL is used in the field of labor relations to determine the amount of official salary, allowances, surcharges, fees, compensation payments for additional work and other incentive payments, as well as deductions established by law, and other payments previously established in relation to the MMW amounts, as well as determining the need of a family for social support and the size of unemployment benefits.
The BCA is used to determine:
- the amount of taxes, fees, fines, state duties and other payments for rendering public services;
- the cost of a patent, license and other payments for engaging in a certain type of entrepreneurial activity, the size of the authorized and other funds (capital) of organizations, the value of shares not paid in cash, other securities, the book value of assets of legal entities, the maximum amount of microloans and leasing, as well as other financial-economic indicators.
In addition, the BCAP is used to calculate pensions, allowances, bonuses and compensations, as well as recompense for harm caused to the health of an employee.