PM calls on VR to approve Labor Code

Prime Minister of Ukraine Arseniy Yatsenyuk called on the Verkhovna Rada to adopt a jointly accumulated Labor Code at a board meeting on Monday, July 20.

"The coalition should support a jointly accumulated Labour Code, as a labor code is a constitution of labor. How can we create a new labor market while having the Soviet system of employment and Soviet policy employment in general?" he said.

The Prime Minister also dwelt on the need to meet the problems of the Pension Fund. According to Arseniy Yatsenyuk, it is not only the issue of government reform on reviewing categories and charging systems in the Pension Fund. It is also important to reduce unemployment: "The issue of the Pension Fund is the aging of the population, the increased rate of retirees against working people, a fall in wages and a corresponding drop in contributions to the Pension Fund and a reduction in overall employment."

In order to resolve this issue, Arseniy Yatsenyuk pointed out, a bill on the National Employment Agency should be urgently developed and submitted to the Government. The Prime Minister asked this Minister of Social Policy Pavlo Rozenko.

Arseniy Yatsenyuk expressed hope that Parliament either at an extraordinary or ordinary session to adopt a relevant bill along with the Labor Code.

In addition, Arseniy Yatsenyuk appealed to Parliament to pass legislation for further carrying out pension reform, especially on implementing a defined contribution system, and a draft law on protecting migrant workers.