[ad_1]
The Government approved this Tuesday the increase in the National Minimum Wage (SMN) up to 665 euros, a measure that will come into force as of January 1, 2021.
The announcement was made by the Minister of the Presidency, Mariana Vieira da Silva, and by the Secretary of State for Social Security at the end of the meeting of the Council of Ministers.
The official measure stands out for being the second largest increase in the value of the minimum wage in Executives led by António Costa, placing it below the advance of 35 euros obtained by the Government during 2020.
This increase of 30 euros gives “continuity to what has been the sustained path of an increase in the SMN and a step towards reaching the value of 750 euros at the end of the legislature, in 2023”, reiterated Gabriel Bastos, Secretary of State for Security Social.
We approved in the Council of Ministers the increase of the National Minimum Wage. Income protection is critical to economic recovery. Therefore, we continue to raise the SMN. Slightly below last year, but maintaining the course we set ourselves to reach € 750 in 2023. pic.twitter.com/gGXzbxXVQa
– António Costa (@antoniocostapm)
December 22, 2020
On Twitter, António Costa reacted to the announcement of the Council of Ministers, stating that income protection is essential for economic recovery. “We continue with the rise of the SMN. A little below last year, but maintaining the course that we set ourselves to reach € 750 in 2023, ”the Prime Minister writes.
Gabriel Bastos said that there are still no direct counterparts in the diploma that approves the increase in the SMN, but clarifies that there will be a “compensation package to compensate for the increase in contributions by increasing the minimum wage.”
“A The intention of the government is that it can be paid in a single installment during the first half of 2021 ″, clarifies the minister.
On December 9, Siza Vieira announced that the Government will return to companies, next year, part of the Single Social Rate (TSU) corresponding to the increase in rates for the growth of 30 euros over the national minimum wage.
This is one of the three measures that the Government will create to compensate companies for the increase in rates inherent in the increase in the SMN.
According to the Minister of Economy, the portion of the TSU to be returned to companies has not yet been defined, but it will be a fixed, non-refundable amount, whose “exact amount and exact time of return” is being worked on.
To compensate companies for the increase in SMN, the Government will also update public contracts and implement a line of credit for exporting companies for an amount of 4,000 euros per worker.
[ad_2]
