Will teachers at all levels receive an increase in pension after the salary reform in Vietnam in 2024 under the Resolution 27?
- Will teachers at all levels receive an increase in pension after the salary reform in Vietnam in 2024 under the Resolution 27?
- What is the specific increase in teacher salary after the salary reform in Vietnam in 2024?
- Vietnam: Will the 2024 teacher payroll be issued under the salary reform policy in May 2024?
Will teachers at all levels receive an increase in pension after the salary reform in Vietnam in 2024 under the Resolution 27?
Pursuant to Resolution 104/2023/QH15, comprehensive salary policy reforms will be implemented according to Resolution 27-NQ/TW in 2018 starting from July 1, 2024.
Regarding the implementation of salary policy, the National Assembly resolves to implement comprehensive salary policy reforms according to Resolution 27-NQ/TW in 2018 of the 7th Central Executive Committee's 12th term from July 1, 2024; adjust pensions, social insurance allowances, monthly allowances, preferential allowances for individuals with meritorious services, and some social welfare policies linked to the statutory pay rate.
Speaking at the New Year meeting on the first working day of the Ministry of Labor, Invalids and Social Affairs after the Lunar New Year holiday on the morning of February 15, the Minister of Labor, Invalids and Social Affairs stated that in 2024, comprehensive salary policy reforms according to Resolution 27-NQ/TW in 2018 will be implemented. The salary reform must be accompanied by adjustments to the pension policy in the spirit of "not letting retirees face more difficulties and disadvantages when reforming".
When implementing the salary reform, if the general salary level for workers nationwide increases but the pension is not adjusted properly, pension recipients will be at a disadvantage.
Therefore, it is necessary to calculate and balance it. If the salary level of officials and public employees increases by 23.5%, then at least the pension should increase by 15%.
Therefore, according to the statement of the Minister of Labor, Invalids and Social Affairs, when implementing the salary reform in 2024 according to Resolution 27-NQ/TW in 2018, the pension of officials and public employees may increase by 15%. Therefore, for teachers in the public sector, they may receive a 15% increase in pension when implementing the salary reform.
Will teachers at all levels receive an increase in pension after the salary reform in Vietnam in 2024 under the Resolution 27?
What is the specific increase in teacher salary after the salary reform in Vietnam in 2024?
According to the Government's electronic portal, the Minister of Home Affairs stated that under the salary reform plan, starting from July 1, the average salary for officials and public employees is expected to increase by about 30% (including base pay and allowances).
Another notable point is that from 2025, the Government will continue to adjust the salary levels in payrolls to increase by an average of 7% per year. This means that after implementing the salary reform, with new payrolls and higher salaries compared to the current levels, officials and public employees will still receive a 7% annual salary increase.
Therefore, during the salary reform in 2024, the average teacher salary is expected to increase by about 30% (including basic salary and allowances). From 2025 onwards, the Government will continue to adjust salary levels in payrolls to increase by an average of 7% per year. This means that after implementing the salary reform, with new payrolls and higher salaries compared to the current levels, teachers will still receive a 7% annual salary increase.
Additionally, the Minister of Home Affairs also mentioned that a notable point during the salary reform is that the salaries of public employees, especially those in the education and healthcare sectors, will be higher than the general level of other officials and public employees. This is because we are implementing salary policy reforms in line with the resolution on comprehensive development of education, training, and healthcare. Particularly, the recent COVID-19 pandemic has shown the need to pay more attention to improving the lives of teachers and doctors.
Note: The above mentioned increase in salary applies to teachers in the public sector (teaching in public educational institutions). For teachers in the private sector who are employed under emploment contracts, their salaries will be based on the regional minimum wage, which is expected to increase according to the latest plan approved by the National Wage Council from July 1, 2024.
Vietnam: Will the 2024 teacher payroll be issued under the salary reform policy in May 2024?
Based on the government's directives regarding salary reform in Resolution 01/NQ-CP in 2024 on the tasks and key solutions for implementing the socio-economic development plan and state budget estimate for 2024, specifically in Appendix IV issued with Resolution 01/NQ-CP in 2024, the government entrusted the Ministry of Home Affairs to lead the implementation and complete the new salary regime for officials, public employees, and armed forces in May 2024.
Therefore, following the salary reform policy in 2024, teachers at all levels will implement new payrolls. The government has agreed to complete the issuance of a new salary regime for officials, public employees, and armed forces. Thus, the new teacher payroll for 2024, according to the salary reform policy and based on public employees' professional titles, may be completed in May 2024. However, the exact timing of when the new payrolls will be issued and come into effect will depend on further detailed directives from the government.
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