Ministry of Home Affairs guides new salary calculation method from July 1

The Ministry of Home Affairs has just issued Circular 02/2017 guiding the implementation of basic salary levels for salary and allowance recipients in public agencies and units of the Party, State, socio-political organizations and associations.

Accordingly, the subjects applying the new salary level according to this circular include: Cadres and civil servants receiving salaries from the state budget, working in Party and State agencies, political and social organizations at the central level, in provinces and centrally run cities, in districts, towns and cities under provinces and centrally run cities, in special administrative-economic units; civil servants in the leadership and management apparatus and public employees receiving salaries from the salary fund of public service units according to regulations.

Salary, allowances, including reserve differential coefficients, if any, and operating expenses of the regulated subjects are calculated according to the basic salary of VND 1,300,000/month from July 1, 2017.

In addition, the new salary level is also applied to: Cadres, civil servants, and public employees who are mobilized or seconded to work at associations, non-governmental organizations, projects, and international agencies and organizations located in Vietnam according to the decision of competent authorities; cadres, civil servants in communes, wards, and towns and non-professional workers at the commune, village, and residential group levels as prescribed in Decree 92/2009 of the Government, which has been amended and supplemented in Decree 29/2013.

According to the Circular, for the above subjects, the new salary calculation formula is prescribed.

New salary = basic salary 1.3 million/month x current salary coefficient

The formula for calculating allowances for allowances calculated based on the basic salary is calculated.

New allowance level = Basic salary 1.3 million VND/month x current allowance coefficient.

For allowances specified in specific amounts, keep them according to current regulations.

Salary, allowances, including reserve differential coefficients, if any, and operating expenses of the regulated subjects are calculated according to the basic salary of VND 1,300,000/month from July 1, 2017.

According to VnEconomy