Good News for Commune Officials Who Retire, Effective from August 15, 2018

Le Hai

10:00, 11/07/2024

Circular 08/2018/TT-BNV adjusts the monthly allowance rate by an increase of 6.92% on the allowance amount received as of June 2018 for elderly commune officials who resign according to the provisions of Article 2 of Decree No. 88/2018/ND-CP. To be specific:

1. Formula for Adjusting the Monthly Allowance from July 1, 2018

Monthly allowance from July 1, 2018 = Allowance as of June 2018 x 1.0692

In which, the allowance as of June 2018 is the allowance stipulated in Clause 2, Article 2 of Circular 04/2017/TT-BNV.

2. Monthly Allowance from July 1, 2018 for Elderly Retired Commune Cadres

- For cadres who were former Secretaries of the Communist Party Committee, Chairpersons of the People's Committee of the commune: 1,846,000 VND/month x 1.0692 = 1,974,000 VND/month;- For cadres who were former Deputy Secretaries, Deputy Chairpersons, Standing members of the Communist Party Committee, members of the secretariat of the People's Committee, secretaries of the People's Council of the commune, Chiefs of Commune Military Commands, Heads of the Commune Police: 1,786,000 VND/month x 1.0692 = 1,910,000 VND/month;- For other titles: 1,653,000 VND/month x 1.0692 = 1,768,000 VND/month.

Circular 08/2018/TT-BNV is effective from August 15, 2018, and the policies in this Circular are applied from July 1, 2018.

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