Calculation Method of the Retained Difference Coefficient for Public Employees from July 2019
1. Method for calculating the deferred differential coefficient payments for public employees from 7/2019
The method for calculating the deferred differential coefficient payments for public employees from 7/2019 is stipulated at Point c Clause 1 Article 3 of Circular 04/2019/TT-BNV guiding the implementation of statutory pay rate for subjects receiving salaries and allowances in agencies, organizations, and public service providers of the Communist Party, the State, political-social organizations, and associations issued by the Minister of Home Affairs. To be specific:
Formula for calculating the amount of deferred differential coefficient (if any):
| The amount of deferred differential coefficient applied from July 1, 2019 | = | Statutory pay rate of 1,490,000 VND/month | x | Current deferred differential coefficient (if any) |
2. How to calculate the salary, allowances, and activity expenses for the members of People's Councils at all levels?
According to Clause 2 Article 3 of Circular 04/2019/TT-BNV, the method for calculating the salary, allowances, and activity expenses for the members of People's Councils at all levels is as follows:
Based on the activity expense coefficient for the members of People's Councils at all levels according to the current legal regulations to calculate the activity expenses using the following formula:
| Activity expenses applied from July 1, 2019 | = | Statutory pay rate of 1,490,000 VND/month | x | Activity expense coefficient according to regulations |
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