Prime Minister decides to increase base salary, adjust pension

From July 1, 2017, the basic salary will be adjusted from VND 1.21 million/month to VND 1.3 million/month, and at the same time, pensions, social insurance benefits and preferential allowances for meritorious people will be adjusted to increase by the same amount as the basic salary.

Salary increase from July 1, 2017

The Prime Minister has just issued Decision 2309/QD-TTg on the allocation of the 2017 state budget estimate, which includes specific regulations on salary adjustment.

Specifically, Article 4 on salary adjustment in 2017 clearly states: From July 1, 2017, the basic salary will be adjusted from 1.21 million VND/month to 1.3 million VND/month. At the same time, pensions, social insurance benefits and preferential allowances for meritorious people will be adjusted to increase by the same amount as the basic salary.

The Prime Minister assigned: Ministries, ministerial-level agencies, government agencies, and other central agencies, based on the assigned state budget estimates, to arrange spending tasks and strive to increase career revenue to balance and adjust the basic salary level in 2017.

Illustration photo.

Provinces and centrally run cities continue to implement the mechanism of creating resources for salary reform in 2017 from a portion of the revenue retained according to the regime of agencies and units; save 10% of regular expenditure (except for salaries, salary-based allowances, salary-based items and expenses for people according to the regime); 50% of the source of increased local budget revenue (excluding land use fees and lottery revenue) and the source of salary reform implementation in 2016 remaining to be transferred (if any).

Assign the Minister of Finance to determine and assign the target of saving 10% of regular expenditure in 2017 to create a source for salary reform for each province and centrally run city according to regulations.

The central budget ensures funding for pension adjustments, social insurance benefits (for beneficiaries guaranteed by the state budget) and preferential benefits for meritorious people; partially supports the increased salary for some localities with difficult budgets that cannot be balanced according to regulations.

Implement thorough savings

In addition, the decision clearly states that regular expenditure must be arranged to ensure policies for people and funding to carry out important assigned tasks.

Thoroughly implement savings, minimize expenses for organizing conferences, seminars, and celebrations; limit budget allocation for overseas research and surveys, limit purchases of cars and expensive equipment; encourage the expansion of public vehicle allocation for a number of positions.

Strengthen administrative reform in state budget expenditure management. Only issue policies that increase state budget expenditure when absolutely necessary and with balanced resources.

Accelerate the implementation of the autonomy mechanism of public service units in conjunction with the roadmap for correctly and fully calculating the prices of public service units, on that basis, reduce the level of direct support for public service units, allocate resources to increase support spending for the poor and policy beneficiaries, create sources for salary reform and support for purchasing and repairing public service units to improve service quality.

According to Chinhphu.vn