The Law on Indexation has been suspended for the time being only for 2023. This is stated in Clause 3 of the Final Provisions of the Law on the State Budget-2023.
The norms of the legislation on salary indexation are regulated by two normative acts:
- Indexation Law;
- Order No. 1078.
And so the project of the State Budget for 2024 appeared. It no longer mentions the continuation of the suspension. So, from 2024, most likely, the Law on Indexation and, accordingly, Order No. 1078 will resume. And this will already mean the start of salary indexation from January 1, 2024.
What problems can the employer face?
In 2023, the Ministry of Economy stated its position regarding the fate of indexation – during 2023, the amount of indexation of wages and financial support that arose for the period up to January 2023 (before the suspension of the Law) is kept for the employee.
That is, according to this conclusion, it follows that this indexation, calculated as of December 2022, should be paid even in 2023.