30.06.2021

Employers will receive funds from the state to maintain the employment of employees until July 31, 2021. The government decided this by amendments to Decree № 151 of the Council of Ministers of 2020, which defines the terms and conditions for receiving funds to preserve jobs in the economic activities affected by Covid-19.

Funds will continue to be provided for employees who worked part-time, used leave based on Art. 173 a of the Labor Code or their work was suspended due to the temporary restrictions for March 13 to December 31, 2020. However, they should have an employment relationship with the employer before January 1, 2021.

The companies established before June 1, 2019, will receive 60 per cent of the insurance income of the workers for April 2021 and their insurance contributions at the employer's expense from the state. To be eligible, their sales revenue during the month they apply for compensation must have decreased by at least 40% compared to the same month of 2019. Given that the decline is not less than 30%, the support from the state will be 50 per cent of the insurance income for April 2021 and the insurance contributions at the employer's expense.

Employers established after June 1, 2019, will be entitled to funds of 60 per cent of the insurance income of workers for April 2021 and social security contributions at the expense of the employer if their sales income in the month for which they apply for support has decreased by not less than 40% compared to the average monthly payment for 2020. Given that the decrease is not less than 30%, the state will support them with 50 per cent of the insurance income for April 2021 and from the insurance contributions at the employer's expense.

The companies that have received funds for maintaining employee employment from the groups under the decree are obliged to pay remuneration in the amount not less than the amount of the insurance income for April 2021 and to pay the due insurance contributions for the respective month.

The National Social Security Institute will transfer the funds to the corresponding employer by bank transfer. The decree enters into force on June 1, 2021.

Date: 30.06.2021

Source: Council of Ministers

Readed: 6372