Ministry proposes wage coverage reforms after 2023 | Society

Ministry proposes salary policy reforms after 2023 hinh anh 1Illustrative picture (Photograph: VNA)

Hanoi (VNA) – The Ministry of Residence Affairs has proposed the Authorities
construct a plan for wage reforms, during which the bottom wage within the public sector
might be elevated to the regional minimal wage of staff at enterprises.

Minister Pham Thi Thanh Tra just lately reported to the
Nationwide Meeting the results of the implementation of the Decision on questioning
actions on the fourth plenary session of the fifteenth Nationwide Meeting.

Particularly, the ministry requested associated ministries and
businesses to report the plan and results of the implementation of wage coverage
reforms in accordance with the Occasion Central Committee’s Decision No.27 on
Wage Coverage Reforms for Officers, Public Servants, Armed Forces and
Workers at Enterprises, dated Could 21, 2018.

To this point, the ministry has acquired experiences from 16 out of the 18
ministries and businesses, to finish a report on implementation
outcomes and a roadmap to hold out wage coverage reforms.

Within the report, the ministry additionally proposed to rearrange
allowances and restructure the ratio between fundamental wage and
allowances and add reward funds.

Throughout its fourth session held in November 2022, the fifteenth Nationwide Meeting permitted a decision on the state finances estimates for 2023 which
stated the general reform of the wage coverage, which was recognized in Decision
No. 27, gained’t be carried out in 2023.

In the meantime, the bottom wage for cadres, civil servants, and
public staff will enhance to 1.8 million VND (76.71 USD) per thirty days from
1.49 million VND per thirty days from July 1, 2023. Retirement pensions and social
insurance coverage advantages for these lined by the state finances might be raised by
12.5%. Extra monetary assist might be supplied for these retiring earlier than 1995 and
having low pensions, together with revolution contributors. In addition to, spending on
the social safety insurance policies linked with the bottom wage will go up by 20.8%./.


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