Calculation Method for Monthly Seniority Allowances for Teachers

I would like to ask about the method for calculating the monthly seniority allowance for teachers? Please ask the admin for assistance.

According to Clause 3, Article 4 of Decree 77/2021/ND-CP, the regulation on the seniority allowance for educators is as follows:

Calculation method for the monthly seniority allowance:

Seniority allowance amount = Salary coefficient according to the professional title of the public employee plus the leadership allowance coefficient, over-frame seniority allowance (if any) currently enjoyed x Statutory pay rate prescribed by the Government of Vietnam at each period x Seniority allowance rate (%)

Note: Educators engaged in teaching and education who have paid compulsory social insurance for a full 5 years (60 months) are entitled to a seniority allowance of 5% of their current salary plus the leadership allowance and over-frame seniority allowance (if any). From the sixth year onward, an additional 1% is calculated for each year (full 12 months).

The seniority allowance is calculated and paid together with the monthly salary and used to calculate and enjoy social insurance, health insurance, and unemployment insurance.

Sincerely!

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