The question of the establishment of a Fund for employee benefits of companies bankrupt will decide in March

Вопрос о создании фонда по выплатам работникам фирм-банкротов решат в марте

Prime Minister Dmitry Medvedev instructed the Ministry of labor of the Russian Federation until March 15, 2017 to report on the feasibility of establishing a Fund to pay the salaries of employees of bankrupt companies, reported Saturday on the government website.

Deputy Prime Minister Olga Golodets at a teleconference on the situation with wage arrears in the regions on 25 November said that it was proposed to establish independent funds for payment of salaries to employees of enterprises under bankruptcy. She noted that this idea will consider the Russian Tripartite Commission on socio-labor relations and to work out an acceptable solution.

“The Ministry of labour, Ministry of economic development of Russia, Ministry of Finance, the Ministry of justice… based on the results of the analysis of practice of application of the legislation of the Russian Federation to study the issue of expediency… the establishment of a Fund to provide financial assurance of repayment of debt on a salary to employees of organizations bankrupt. About the results until March 15, 2017, to report to the government of the Russian Federation”, — stated in the message.