El notes

known that the Bank of Russia employs about 69 thousand employees, who last raised wages in 2008. Then the State Duma deputies considered entirely justified in raising salaries by bank employees by 30%, resulting in average monthly revenue per employee of CB in 2008 amounted to 59.7 thousand rubles.

in 2009 because of financial crisis Bank employees were left without indexation of wages. “I therefore believe that the increase in wages in 2010 to 11% are absolutely justified,” – said president of the Association of Regional Banks of Russia Anatoly Aksakov. According to him, the salaries of Bank of Russia could be increased even more, because the Central Bank in recent years has worked effectively.

Director, Center for Economic Studies of the Moscow financial-industrial academy Sergei Moiseyev believes that the forthcoming rise Bank staff salaries is minimal. “Given that in 2009 wages in the Bank of Russia has remained unchanged, it would be logical to increase the salary by 20-25% to compensate for this year”, – said Mr. Moses. He believes that the Department of Peacekeeping Operations in the financial markets, the combined economic department, department of licensing and financial recovery, as well as oversight, on whose shoulders fell the main burden is to combat the crisis, worked well and deserve the awards and indexing.

«A good salary is just needed to staff the Central Bank, since they work with major financial institutions, and must still maintain independence and firmness in his decisions and the high quality of work” – sure, Mr. Aksakov. The urgent need for indexation of wages to staff the Central Bank there. This year three staff OPERA-1 Bank of Russia have grossly violated the norms of the bank and exceeded official misconduct, which led to the theft of nearly a billion rubles from the accounts of the RPF, which, however, eventually managed to recover.

National Banking Council (NBS) gave green light not only at raising the salaries of the Central Bank, but decided to make to the State Duma the proposal on the verification of the Accounts Chamber of the financial and economic activities of the Bank of Russia. Last year, the Audit Chamber has already found that part of the profits from the currency issue, the regulator spent on supplementary pension provision for their employees: these expenses on a separate securities account was accumulated 31.7 billion rubles. However, at least 50% of assessed funds the Bank of Russia was forced to return to the federal budget, as it had no right to create such a fund at the expense of its own profits, which was obtained through money creation.

By solution NBS total expenditure on pensions, life insurance and medical insurance of employees of Bank of Russia in 2010 will amount to 822 million rubles.

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