Hot: Reducing the Income Increase Coefficient for Vietnamese Officials and Public Employees in Ho Chi Minh City from January 01, 2020

HCMC People's Committee has just issued Official Dispatch 1456/UBND-KT Regarding the adjustment and reduction of the income increase coefficient for officials and public employees.

Adjustment to reduce the income coefficient of Vietnamese officials and public employees is as follows:

- For Vietnamese officials and public employees with a salary coefficient above 3.00: the maximum income increase coefficient is adjusted from 1.2 times down to 0.6 times compared to the 2020 salary based on rank, grade, and position;- For Vietnamese officials and public employees with a salary coefficient of 3.00 or below: the maximum income increase coefficient is adjusted from 1.2 times down to 0.8 times compared to the 2020 salary based on rank, grade, and position;- For additional income payment to workers under contract according to Decree 68/2000/ND-CP, it will remain at 3,000,000 VND/person/quarter.

Implementation time: effective from January 01, 2020.

For details, see Official Dispatch 1456/UBND-KT issued on April 21, 2020.

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