Finance Minister Siluanov says 35,000 ruble minimum wage target for 2030 will be met
In short
Finance Minister Anton Siluanov said the presidential task of raising Russia’s minimum wage (MROT) to 35,000 rubles by 2030 will be fulfilled, speaking at parliamentary hearings in the Federation Council. He said MROT will rise to 28,935 rubles in 2027, from 27,093 rubles set since 1 January 2026, and that higher minimum pay would accelerate wage growth for low-income workers. Kommersant noted the increase also raises insurance contributions, and therefore costs, for small and medium businesses.
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Finance Minister Anton Siluanov said the task set by President Vladimir Putin of raising Russia’s minimum wage, or MROT, to 35,000 rubles by 2030 will be fulfilled, according to TASS, Kommersant, Vedomosti and RBC. Speaking at parliamentary hearings in the Federation Council, he said, as quoted by Kommersant: “The task … of ensuring a minimum wage of 35,000 rubles by 2030 will be fulfilled. This will help accelerate wage growth for workers with low incomes.” [ 1 , 2 , 3 , 4 ]
Siluanov said MROT will rise to 28,935 rubles in 2027, and that further increases should deliver the 2030 target, Vedomosti reported. Kommersant also reported a planned 2027 increase, giving the figure as “28,9 rub.,” a number that appears truncated in its text; it does not state the same level as Vedomosti. [ 2 , 3 ]
MROT has stood at 27,093 rubles since 1 January 2026, Kommersant reported. The figure is calculated from the country’s median wage and can be higher in individual regions — 39,730 rubles in Moscow and 31,250 rubles in St Petersburg, the newspaper said. Since 2025 the government has set the level annually and it must be no lower than 48% of the previous year’s median wage, so reaching the 2030 target depends on wage dynamics and successive annual revisions, according to Kommersant. [ 2 ]
Raising MROT increases the pay of workers earning around the minimum, Kommersant and Vedomosti reported. For small and medium businesses it also means higher insurance contributions, whose size depends directly on MROT, adding to employer costs together with the payroll fund, Kommersant reported. [ 2 , 3 ]
Vedomosti cited its own earlier reporting: on 30 September, referring to the draft federal budget for 2027 and the planned 2028–2029 period, it reported that the subsistence minimum would rise by inflation of 6.8% next year to 20,227 rubles per capita and that MROT would be 28,935 rubles. On 25 September, citing the Economy Ministry’s social and economic development forecast for 2027–2029, it reported that average nominal monthly wages would rise 35% over four years relative to 2025. [ 3 ]
Under the baseline forecast, nominal wages were projected to grow 10.3% in 2026 to 112,279 rubles, then 6.8% to 119,969 rubles in 2027, 6.9% to 128,237 rubles in 2028 and 7.1% to 137,362 rubles in 2029, Vedomosti reported. Rosstat data showed nominal wages rose 14.3% in 2025 to 101,784 rubles, it said. [ 3 ]
Why it matters
The minimum wage sets a floor for pay and, since 2025, has been tied to the previous year’s median wage, so the 2030 target depends on how national wages develop and on annual government decisions rather than a one-off increase. Because insurance contributions are calculated from MROT, the pledge also affects payroll costs for small and medium businesses. The documents give no estimate of the budgetary cost of reaching the target.
Key facts
- Finance Minister Anton Siluanov said the task set by President Vladimir Putin of raising the minimum wage (MROT) to 35,000 rubles by 2030 will be fulfilled. [ 1 , 2 , 3 , 4 ]
- Siluanov spoke at parliamentary hearings in the Federation Council. [ 2 , 3 ]
- Siluanov said the increase would accelerate wage growth for workers with low incomes. [ 2 , 3 ]
- MROT is to rise in 2027, with Vedomosti reporting the level as 28,935 rubles. [ 2 , 3 ]
- MROT has been set at 27,093 rubles since 1 January 2026. [ 2 ]
- Regional minimum wages can be higher, for example 39,730 rubles in Moscow and 31,250 rubles in St Petersburg. [ 2 ]
- Since 2025 the government has set MROT annually, at no less than 48% of the previous year’s median wage. [ 2 ]
- Kommersant reported that raising MROT also increases insurance contributions for small and medium businesses, raising employer costs alongside the payroll fund. [ 2 ]
Confirmed by several sources
- Anton Siluanov said the presidential task of raising MROT to 35,000 rubles by 2030 will be fulfilled. [ 1 , 2 , 3 , 4 ]
- The task was set by President Vladimir Putin. [ 2 , 3 , 4 ]
- Siluanov made the statement at parliamentary hearings in the Federation Council. [ 2 , 3 ]
- MROT is to increase in 2027. [ 2 , 3 ]
- Siluanov said raising MROT will accelerate wage growth for workers on low incomes. [ 2 , 3 ]
Still unclear
- The exact 2027 MROT figure Vedomosti gives 28,935 rubles, while Kommersant cites “28,9 rub.,” a figure that appears truncated; the documents do not explain the difference.
- The MROT path for 2028 and 2029 The documents state the 2030 target and the 2027 level but do not give the planned size of the minimum wage in the intervening years.
- The date of the Federation Council hearings Kommersant and Vedomosti report the hearings took place but give no date beyond the publication date of the reports.
- The effect on small and medium businesses The description of higher insurance contributions and employer costs comes from Kommersant alone; other documents do not address it.
What local media are saying
Timeline, local time
- TASS reports Siluanov’s statement that the 35,000 ruble MROT target for 2030 will be met. [ 1 ]
- Kommersant publishes an account of the Federation Council hearings, including the 2027 increase and regional MROT levels. [ 2 ]
- Vedomosti reports the 28,935 ruble figure for 2027 and adds budget-draft and wage-forecast background. [ 3 ]
- RBC reports Siluanov’s pledge. [ 4 ]