Policies effective from August 1

From August 2017, banks will insure up to 75 million VND; pensions and allowances for a series of subjects will increase by more than 7%; regulations on working regimes for general teachers;...

Depositors are insured up to 75 million VND

According to Decision 21/2017/QD-TTg of the Prime Minister on the limit of insurance payment, which will take effect from August 5, the insurance amount paid for all insured deposits (including principal and interest) of individuals at an organization participating in deposit insurance is adjusted to 75 million VND.

Previously, Decree 109/2005/ND-CP stipulated 50 million VND.

With the new regulation, if a credit institution becomes unable to pay deposits or goes bankrupt, depositors will receive a maximum insurance amount of 75 million VND.

Pensions and benefits increased by more than 7%

Decree 76/2017/ND-CP adjusting pensions, social insurance benefits and monthly allowances was issued by the Government, from July 1, 2017. The beneficiaries of pensions, social insurance benefits and monthly allowances will be increased by 7.44%.

Accordingly, this Decree takes effect from August 15, 2017 and these regimes are implemented from July 1, 2017.

8 beneficiaries include:

- Cadres, civil servants, workers, public employees and laborers (including those who have participated in voluntary social insurance, retirees from the Nghe An farmers' social insurance fund transferred according to Decision 41/2009/QD-TTg dated March 16, 2009 of the Prime Minister); soldiers, people's police and people working in key positions who are receiving monthly pensions.

- Commune, ward and town officials as prescribed in Decree No. 92/2009/ND-CP dated October 22, 2009, Decree No. 121/2003/ND-CP dated October 21, 2003 and Decree No. 09/1998/ND-CP dated January 23, 1998 of the Government are receiving monthly pensions and allowances.

- People receiving monthly allowances for loss of working capacity according to the provisions of law; people receiving monthly allowances according to Decision No. 91/2000/QD-TTg dated August 4, 2000, Decision No. 613/QD-TTg dated May 6, 2010 of the Prime Minister; rubber workers receiving monthly allowances.

- Commune, ward and town officials are receiving monthly allowances according to Decision No. 130/CP dated June 20, 1975 of the Government Council and Decision No. 111-HDBT dated October 13, 1981 of the Council of Ministers.

- Military personnel receiving monthly allowances according to Decision No. 142/2008/QD-TTg dated October 27, 2008, Decision No. 38/2010/QD-TTg dated May 6, 2010 of the Prime Minister.

- People's police are receiving monthly allowances according to Decision No. 53/2010/QD-TTg dated August 20, 2010 of the Prime Minister.

- Military personnel, people's police, and people working in secretarial work receive salaries similar to those of military personnel and people's police who are receiving monthly allowances according to Decision No. 62/2011/QD-TTg dated November 9, 2011 of the Prime Minister.

- People receiving monthly occupational accident and disease benefits.

Hazardous waste treatment assessment fee

From August 1, 2017, the collection - payment regime, collection rates, management and use of appraisal fees for granting Hazardous Waste Treatment Licenses shall be implemented according to Circular 59/2017 issued by the Ministry of Finance.

According to the General Department of Environment - Ministry of Natural Resources and Environment, the organization collects appraisal fees according to regulations, the appraisal fee level for granting and adjusting hazardous waste treatment licenses is regulated for each geographical area or location of hazardous waste treatment plants.

The appraisal fee must be paid within 10 working days from the date of receipt of the written approval for the trial operation. The fee can be paid directly to the fee collection organization or paid into the fee account awaiting payment to the budget at the State Treasury.

New regulations on working regime for general teachers

From August 1, 2017, Circular 15/2017/TT-BGDDT amending and supplementing the Regulations on working regime for general education teachers according to Circular 28/2009/TT-BGDDT, officially took effect.

The annual summer vacation is 2 months (including annual leave according to the provisions of the Labor Code) of teachers with full salary and allowances (if any).

According to Circular 28, which stipulates the teaching hours for principals and vice principals: Principals are given 2 hours/week x number of weeks for teaching and educational activities according to regulations on the school year schedule. Vice principals are given 4 hours/week x number of weeks for teaching and educational activities according to regulations on the school year schedule.

The reduction in teaching hour quota for alternate positions (principal, vice-principal) cannot be converted to the annual teaching hour quota.

In addition, Circular 15 supplements the working regime of teachers at preparatory colleges. The working time of preparatory college teachers is 42 weeks, similar to that of primary, middle and high school teachers.

Teachers at preparatory colleges are entitled to a reduction in teaching hours. Specifically, homeroom teachers at preparatory colleges will have their hours reduced by 3 hours per week; female teachers at preparatory colleges will have their hours reduced by 3 hours per week when raising children under 12 months old; and deputy heads of professional departments will have their hours reduced by 1 hour per week./.

According to Congan.com.vn