- Sputnik International
Russia
The latest news and stories from Russia. Stay tuned for updates and breaking news on defense, politics, economy and more.

Ministry Calls For Monetization of Public Sector Benefits

© RIA Novosti . Sergei Guneev / Go to the mediabankRussian Finance Minister Anton Siluanov
Russian Finance Minister Anton Siluanov - Sputnik International
Subscribe
Russia's Finance Ministry has proposed cancelling benefits in kind for public-sector employees and converting them into additional salary payments.

Russia's Finance Ministry has proposed cancelling benefits in kind for public-sector employees and converting them into additional salary payments.

Finance Minister Anton Siluanov suggested the idea to President-elect Vladimir Putin during a meeting on Thursday on implementation of Putin's pre-election promises.

Benefits in kind in Russia include free travel on public transport and discounts on utility service payments.

"We raised monetary allowances for servicemen and implemented a considerable re-organization of the wage system and the abolition of benefits in kind [for them] at the same time," Siluanov said. "I think we should conduct the same process in terms of a general increase in wages for public-sector employees."

Putin said the monetization of benefits should not leave workers worse off.

"We had this experience with benefits monetization [for retirees] and we need to prevent a situation when cancellation of benefits eats up all increases [in wages]. The growth must be real," Putin said.

 

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала