Adjust pensions and benefits to increase by 8%

The Government has just issued a Decree adjusting pensions, social insurance benefits and monthly allowances for retired commune officials.

Accordingly, from January 1, 2015, pensions, social insurance benefits and monthly allowances will increase by 8% for the following subjects:

Cadres, civil servants, public employees and workers (including those who have participated in voluntary social insurance, retirees from the Nghe An farmers' social insurance fund transferred under Decision No. 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. 9/1998/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 Public Security is receiving monthly allowance 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.

The budget for adjusting pensions, social insurance benefits and monthly allowances applicable to the above subjects is guaranteed by the State budget and the Social Insurance Fund. The Decree takes effect from March 10, 2015.

Previously, on November 10, 2014, the National Assembly issued Resolution No. 78/2014/QH13 on the 2015 state budget estimate, in which it decided to increase by 8% the pensions, preferential allowances for meritorious people and salaries for low-income officials, civil servants, public employees and armed forces (salary coefficient from 2.34 or lower). The implementation date of this regulation is from January 1, 2015.

According to VOV