Officials and civil servants IN HANOI, VIETNAM

Adjustment of Salary and Allowance Calculation for Officials Effective from July 1, 2018

08:51, 11/07/2024

From July 01, 2018, the statutory pay rate is increased to 1.39 million VND/month. Therefore, the Ministry of Home Affairs recently drafted a guideline to implement the 2018 statutory pay rate, notably changing the formula for calculating the salary and allowances of officials to align with the new statutory pay rate.

FULL TEXT OF THE DRAFT GUIDANCE ON IMPLEMENTING BASIC SALARY 2018

The salary calculation formulas and specific allowances are as follows:

Salary calculation formula

(Salary effective from July 1, 2018) = (Statutory pay rate 1,390,000 VND/month) x (Current salary coefficient)

Formula for calculating allowances based on statutory pay rate

(Allowance rate from July 1, 2018) = (Statutory pay rate 1,390,000 VND/month) x (Current allowance coefficient)

Formula for calculating allowances based on % of current salary plus leadership allowance and seniority allowance beyond the scale

Allowance rate from July 1, 2018 = Salary from July 1, 2018 + Leadership allowance from July 1, 2018 (if any) + Seniority allowance beyond the scale from July 1, 2018 (if any) x Percentage of allowance as prescribed

For allowances specified in a specific amount of money, they remain unchanged as per current regulations.

Formula for calculating the amount of retained difference coefficient (if any)

Amount of retained difference coefficient from July 1, 2018 = Statutory pay rate 1,390,000 VND/month x Current retained difference coefficient (if any)

Formula for calculating operational expenses

Operational expenses from July 1, 2018 = Statutory pay rate 1,390,000 VND/month x Operational expenses coefficient as prescribed

Note, the above formulas are applied to officials receiving salary and allowances in agencies, public service providers of the Communist Party, State, socio-political organizations, and associations.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

- This translation is generated by OpenAI's GPT-4o model;
- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email [email protected]