ADOPTION OF DOCUMENTS UNDER THE EMPLOYMENT MEASURES 60/40 AND 80/20 FOR 2021 BEGINS

25.01.2021

ADOPTION OF DOCUMENTS UNDER THE EMPLOYMENT MEASURES 60/40 AND 80/20 FOR 2021 BEGINS

The Employment Agency has started in 2021 the acceptance of documents from employers wishing to receive financial support for measures to maintain employment, which have gained publicity such as "60/40" and "80/20".

Decree of the Council of Ministers № 416 of 30 December 2020 extends the period for providing financial support under measure 60/40, under the Decree of Council of Ministers № 151/2020. And for the new period, January - March 2021, the regulated support amounts to 60% of the insurance income of employees, but calculated on the basis of October 2020.

For employers and self-insured persons from the sectors "Hotels and restaurants" and "Travel agency and operator activities; other activities related to travel and reservations ”it is useful to know that the support can be 80/20 if, in addition to the funds provided under CMD № 151/2020 (or measure 60/40), they also apply for compensation under the order of the project “Short-term employment support in response to the COVID-19 pandemic” (Council of Ministers Decision № 429/2020). With Decision of the Council of Ministers № 982 of 31.12.2020 the period for payment of compensations under this project is extended as well. Thus, companies directly affected by the state of emergency will be able to maintain the employment of their employees, taking advantage of the new period for payment of compensation, which is already 01.07.2020 - 31.03.2021.

Under both measures, employers who have been approved to participate in the previous period will be able to extend the deadline for receiving the relevant financial support by applying with a simplified package of documents.

Employers who meet the eligibility criteria but have not yet taken advantage of the opportunities offered by the two measures will be able to submit documents under the new conditions under each of them.

By the order of Decision of the Council of Ministers № 429/26.06.2020, amended with Decree of the Council of Ministers № 982/2020 documents for the whole period 01.07.2020 - 31.03.2020 can be submitted.

Under measure 60/40, regulated in Decree of the Council of Ministers № 151/2020, amended with CMD № 416/2020, the period for which one can apply is 1 January - 31 March 2021.

Documents for participation in both measures can be found on the website of the Employment Agency in the section "Financial incentives to maintain employment here.