Report on Evaluation of Needs and Funding Sources for Adjusting Statutory Pay Rate

17:20, 11/07/2024

Circular 68/2018/TT-BTC has been issued by the Ministry of Finance, replacing Circular 67/2017/TT-BTC, providing guidance on determining the demand, sources, and methods of expenditure to implement the adjustment of the statutory pay rate according to Decree 72/2018/ND-CP and the adjustment of monthly allowances for retired communal officials according to Decree 88/2018/ND-CP.

reporting, assessment of needs, and funding sources are executed according to Decree 72/2018/ND-CP, Decree 88/2018/ND-CP as follows:

- All ministries, central agencies, and provinces, centrally-run cities are responsible for organizing, guiding, approving, and aggregating reports on needs and funding sources to be sent to the Ministry of Finance no later than October 15, 2018.- The Ministry of Finance does not assess the needs and funding sources for 2018 for ministries and central agencies; ministries and central agencies decide on the assessment of needs and funding sources for their subordinate agencies and units.- The Ministry of Finance assesses the needs and funding sources for the 2018 salary reform for provinces and centrally-run cities according to regulations.

For localities facing difficulties and a lack of funding sources to implement the 2018 salary reform, a full report on needs, sources, and the proposal for support levels from the central budget must be submitted no later than December 1, 2018.

Refer to Circular 68/2018/TT-BTC effective from September 19, 2018.

- Thanh Lam -

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