Guidance on Calculating Salaries and Allowances according to Statutory Pay Rate

13:34, 11/07/2024

On June 10, 2016, the Ministry of Home Affairs issued Circular 05/2016/TT-BNV guiding the implementation of the statutory pay rate for individuals receiving salaries and allowances in agencies, public service providers of the Communist Party, the State, and socio-political organizations.

The calculation of salaries and allowances for officials and public employees and workers from May 01, 2016, shall be implemented as follows:

- Salary received is equal to the statutory pay rate of 1,210,000 VND/month multiplied by the current salary coefficient.- Allowance received:- Allowance calculated by statutory pay rate is equal to the statutory pay rate of 1,210,000 VND/month multiplied by the applicable allowance coefficient.- Allowance calculated as a percentage of the current salary including leadership position allowance and out-of-frame seniority allowance is equal to the total salary received, the leadership position allowance, and the out-of-frame seniority allowance (implemented from May 01, 2016) multiplied by the applicable allowance percentage rate.- Allowances specified as a specific amount of money do not change compared to current regulations.

Circular 05/2016/TT-BNV takes effect from August 01, 2016, and replaces Circular No. 07/2013/TT-BNV.

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