Decree 88/2018/ND-CP: Increasing Pension and Allowance by 6.92% from July 1, 2018

the Government of Vietnam has officially passed Decree 88/2018/ND-CP on the adjustment of pensions, social insurance benefits, and monthly allowances.

FULL TEXT OF DECREE 88/2018/ND-CP

From July 1, 2018, an increase of 6.92% will be applied to the retirement pension, social insurance benefits, and monthly allowances for the following 8 categories:

  1. Officials, public employees, workers (including those who participate in voluntary social insurance, retirees transitioning from the Nghe An Farmers' Social Insurance Fund under Decision 41/2009/QD-TTg dated March 16, 2009); military personnel, people's police, and those engaged in cipher work receiving monthly pensions;
  2. Commune-level officials as prescribed in Decree 92/2009/ND-CP, Decree 121/2003/ND-CP and Decree 09/1998/ND-CP, receiving monthly pensions and allowances;
  3. Individuals receiving monthly loss of working capacity allowances as per the law, those receiving monthly allowances under Decision 91/2000/QD-TTg dated August 4, 2000, Decision 613/QD-TTg dated May 6, 2010; rubber workers receiving monthly allowances;
  4. Commune-level officials receiving monthly allowances under Decision 130/CP dated June 20, 1975 by the Council of the Government of Vietnam and Decision 111-HDBT dated October 13, 1981 by the Council of Ministers;
  5. Military personnel receiving monthly allowances under Decision 142/2008/QD-TTg dated October 27, 2008, Decision 38/2010/QD-TTg dated May 6, 2010;
  6. People's police personnel receiving monthly allowances under Decision 53/2010/QD-TTg dated August 20, 2010;
  7. Military personnel, people's police, and individuals engaged in cipher work receiving the same salaries as military personnel and people's police are receiving monthly allowances under Decision 62/2011/QD-TTg dated November 9, 2011;
  8. Individuals receiving monthly labor accident and occupational disease allowances.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

0 lượt xem
  • Address: 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City
    Phone: (028) 7302 2286
    E-mail: info@lawnet.vn
Parent company: THU VIEN PHAP LUAT Ltd.
Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
P.702A , Centre Point, 106 Nguyen Van Troi, Ward 8, Phu Nhuan District, HCM City;