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Minimum wage and payroll indicators for 2021

Federal minimum wage, subsistence minimum, social contribution cap, sole proprietor contributions and the Bank of Russia key rate, with dates and legal acts.

2021 compared with 2020

as of 31 December 2021

Minimum wage (federal)

12 792 ₽

+662 ₽ · +5,5 % in 2020: 12 130 ₽

effective from 01.01.2021

Subsistence minimum for the working-age population

12 702 ₽

+160 ₽ · +1,3 % in 2020: 12 542 ₽

effective from 01.01.2021

Subsistence minimum per capita

11 653 ₽

+47 ₽ · +0,4 % in 2020: 11 606 ₽

effective from 01.01.2021

Social contributions cap

1 465 000 ₽

+173 000 ₽ · +13,4 % in 2020: 1 292 000 ₽ (pension contribution cap)

effective from 01.01.2021

Fixed contributions of sole proprietors

40 874 ₽

unchanged in 2020: 40 874 ₽

effective from 01.01.2021

Bank of Russia key rate

8,5 %

+4,25 pp in 2020: 4,25 %

effective from 20.12.2021

Indicators for 2021

Indicator Value Change Effective from Grounds
Minimum wage (federal) 12 792 ₽ +662 ₽ +5,5 % 01.01.2021 Федеральный закон от 29.12.2020 № 473-ФЗ
Subsistence minimum per capita 11 653 ₽ +47 ₽ +0,4 % 01.01.2021 Постановление Правительства РФ от 31.12.2020 № 2406
Subsistence minimum for the working-age population 12 702 ₽ +160 ₽ +1,3 % 01.01.2021 Постановление Правительства РФ от 31.12.2020 № 2406
Subsistence minimum for pensioners 10 022 ₽ +510 ₽ +5,4 % 01.01.2021 Постановление Правительства РФ от 31.12.2020 № 2406
Subsistence minimum for children 11 303 ₽ −277 ₽ −2,4 % 01.01.2021 Постановление Правительства РФ от 31.12.2020 № 2406
Pension contribution cap (until 2023) Above the cap pension contributions are 10% 1 465 000 ₽ +173 000 ₽ +13,4 % 01.01.2021 Постановление Правительства РФ от 26.11.2020 № 1935
Sickness and maternity contribution cap (until 2023) No sickness and maternity contributions above the cap 966 000 ₽ +54 000 ₽ +5,9 % 01.01.2021 Постановление Правительства РФ от 26.11.2020 № 1935
Fixed contributions of sole proprietors Pension RUB 32,448 + medical RUB 8,426; plus 1% of income above RUB 300,000, capped at RUB 259,584 40 874 ₽ — 01.01.2021 Пп. 1 п. 1 ст. 430 НК РФ
Bank of Russia key rate In effect on 1 January 2021 4,25 % — 27.07.2020 Решение Совета директоров Банка России от 24.07.2020
Bank of Russia key rate 4,5 % +0,25 pp 22.03.2021 Решение Совета директоров Банка России от 19.03.2021
Bank of Russia key rate 5 % +0,5 pp 26.04.2021 Решение Совета директоров Банка России от 23.04.2021
Bank of Russia key rate 5,5 % +0,5 pp 15.06.2021 Решение Совета директоров Банка России от 11.06.2021
Bank of Russia key rate 6,5 % +1 pp 26.07.2021 Решение Совета директоров Банка России от 23.07.2021
Bank of Russia key rate 6,75 % +0,25 pp 13.09.2021 Решение Совета директоров Банка России от 10.09.2021
Bank of Russia key rate 7,5 % +0,75 pp 25.10.2021 Решение Совета директоров Банка России от 22.10.2021
Bank of Russia key rate 8,5 % +1 pp 20.12.2021 Решение Совета директоров Банка России от 17.12.2021

Minimum wage by year

Federal minimum wage at year end (current value for this year) and growth on the previous year.

In 2022 the minimum wage was raised twice: RUB 13,890 from 1 January and RUB 15,279 from 1 June.

A region may set a higher minimum wage, and regional subsistence minimums differ from the national one. Check the values for your region before calculating.

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