Instructions for implementing the basic salary of 1,490,000 VND/month from July 1, 2019
The Ministry of Home Affairs is drafting a Circular guiding the implementation of basic salary levels for salary and allowance recipients in agencies, organizations, and public service units of the Party, State, socio-political organizations, and associations.
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The draft clearly states that, based on the current salary and allowance coefficients prescribed in documents of competent agencies of the Party and State on salary regimes for cadres, civil servants, public employees and armed forces, the basic salary level prescribed to calculate salary, allowance and reserve difference coefficient (if any) is as follows:
Salary calculation formula:
Salary effective from July 1, 2019 | = | Basic salary 1,490,000 VND/month | x | Current salary coefficient |
Formula for calculating allowances: For allowances calculated based on basic salary:
Allowance level effective from July 1, 2019 | = | Basic salary 1,490,000 VND/month | x | Current allowance coefficient |
For allowances specified in specific amounts, keep them according to current regulations.
Formula for calculating the amount of the reserve difference coefficient (if any):
The amount of the reserve difference coefficient is effective from July 1, 2019. | = | Basic salary 1,490,000 VND/month | x | Current retention difference coefficient |
The draft also clearly states that the salary, allowances (including the reserve difference coefficient, if any) and operating expenses of the prescribed subjects are calculated according to the basic salary of VND 1,490,000/month from July 1, 2019.
Deductions and benefits calculated based on the basic salary will be recalculated accordingly from July 1, 2019.
