Regulations on Adjustment of Pensions, Social Insurance Allowances, and Monthly Allowances

Regulations on Adjustment of Pensions, Social Insurance Allowances, and Monthly Allowances
Nguyen Trinh

The Ministry of Labor, Invalids, and Social Affairs has recently issued Circular 10/2019/TT-BLDTBXH guiding the adjustment of pensions, social insurance benefits, and monthly allowances for subjects specified in Clauses 1, 2, 3, and Clause 8, Article 1 of Decree 44/2019/ND-CP.

From July 1, 2019, the following subjects will receive a 7.19% increase in pension, social insurance allowances, and monthly benefits (benefits) compared to June:

- Officials, workers, public employees, and laborers, military personnel, People's Public Security forces, and cipher officers currently receiving monthly pensions;- Commune, ward, and commune-level town officials as stipulated in Decree 92/2009/ND-CP, Decree 121/2003/ND-CP, and Decree 09/1998/ND-CP currently receiving pensions or monthly allowances;- Persons currently receiving monthly labor loss allowances as prescribed by law; persons currently receiving monthly allowances pursuant to Decision 91/2000/QD-TTg, Decision 613/QD-TTg, and rubber workers currently receiving monthly allowances;- Persons currently receiving monthly labor accident and occupational disease allowances.

The specific calculation formula is as follows: Benefit from July = Benefit in June x 1.0719

For details, see Circular 10/2019/TT-BLDTBXH effective from August 15, 2019.

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