Increase in standard allowances for people with meritorious services from July 01, 2023 in Vietnam

Nguyen Thi Diem My

16:09, 09/07/2024

On July 21, 2023, the Government of Vietnam promulgated Decree 55/2023/ND-CP amending Decree 75/2021/ND-CP, which stipulates the levels of allowances, subsidies, and preferential policies for people with meritorious services to the revolution. The standard level of preferential allowances for people with meritorious services was increased from July 01, 2023.

Increase in Standard Allowance for People with Meritorious Service Effective from July 1, 2023 in Vietnam

The standard allowance for people with meritorious service to the revolution is VND 2,055,000.

This standard serves as the basis for calculating the allowance, subsidies, and other preferential policies for people with meritorious service to the revolution and their relatives.

The levels stipulated according to the standard in Decree 55/2023/ND-CP will be adjusted when the standard is adjusted and rounded to the nearest thousand dong.

(Previously, according to Decree 75/2021/ND-CP, the standard allowance for people with meritorious service to the revolution was VND 1,624,000)

Gift Regime for Institutions Caring for People with Meritorious Service, People with Meritorious Service, and Their Families Effective from July 1, 2023 in Vietnam

- Gifts from the leaders of the Communist Party, State, National Assembly, and Chairman of the Central Committee of the Vietnam Fatherland Front:

Gift level for collectives: Cash is VND 5,000,000 per collective, material gifts worth VND 500,000 per collective.

Gift level for families and individuals: Cash is VND 1,000,000 per family or individual; material gifts worth VND 250,000 per family or individual.

- Gifts from the leaders of ministries and central agencies:

Gift level for collectives: Cash is VND 3,000,000 per collective; material gifts worth VND 500,000 per collective.

Gift level for families and individuals: Cash is VND 1,000,000 per family or individual; material gifts worth VND 250,000 per family or individual.

Decree 55/2023/ND-CP takes effect from September 5, 2023.

The allowance, subsidy for people with meritorious service to the revolution as prescribed in Appendix I, Appendix II, Appendix III, Appendix IV issued with Decree 55/2023/ND-CP and the allowance prescribed in Article 8, Appendix VI issued with Decree 75/2021/ND-CP and other preferential policies for people with meritorious service to the revolution prescribed according to the standard in Decree 55/2023/ND-CP are implemented from July 1, 2023.

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