Circular 02 guiding salary calculation according to the new statutory pay rate

08:27, 11/07/2024

The Ministry of Home Affairs officially issued Circular 02/2017/TT-BNV guiding the calculation of salaries, allowances, and operational expenses for officials and public employees and workers in agencies, public service providers of the Communist Party, the State, political and social organizations, and associations.

From July 1, 2017, the statutory pay rate of 1,300,000 VND/month shall be applied to calculate salary, allowances, and operational expenses. Specifically as follows:

- Salary = Statutory pay rate x Current salary coefficient;- Allowances:- Allowances calculated based on the statutory pay rate: Allowance = Statutory pay rate x Current allowance coefficient;- Allowances calculated as a percentage of the current salary plus leadership position allowance and seniority allowance exceeding the scale (if any);- Allowances specified as a fixed amount of money shall remain unchanged according to current regulations.- Amount of differential coefficient to be retained = Statutory pay rate x Current differential coefficient to be retained.- Operational expenses = Statutory pay rate x Operational expense coefficient.

Circular 02/2017/TT-BNV repeals Circular 05/2016/TT-BNV.

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