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- 14 / 07 / 2019 -
How to calculate pensions and social insurance allowances from July 1, 2019

On June 28, 2019, the Minister of Labor, War Invalids and Social Affairs issued Circular No. 10/2019/TT-BLDTBXH guiding the adjustment of pensions, social insurance allowances and monthly allowances for Subjects specified in Clauses 1, 2, 3 and 8 of Article 1 of Decree No. 44/2019 / ND-CP of May 20, 2019 of this Government, this Circular takes effect from August 15, 2019 .
Circular No. 10/2019 / TT-BLĐTBXH issued regulations on calculating pensions and social insurance allowances, specifically as follows:
Pension, social insurance, monthly allowance from July 2019 = Pension, social insurance, al lowance in June 2019 x 1.0719
Accordingly, from the date of July 1, 2019, the pension, social insurance and monthly allowances of the above subjects will be increased by 7.19% compared to the pension and social insurance allowance. and the monthly allowance of June 2019. Subjects of this Circular shall apply the above adjustment level, including:
+ Officials, civil servants, workers, employees and workers; Military personnel, people ‘s policemen and people working on essentials are receiving monthly pensions.
+ Officials of communes, wards and townships stipulated in Decree No. 92/2009 / ND-CP dated October 22, 2009, Decree No. 121/2003 / ND-CP dated October 21, 2003 and Decree No. 09 / 1998 / ND-CP dated January 23, 1998 of the Government enjoying monthly pensions and allowances.
+ People who are receiving monthly allowance for loss of working capacity as prescribed by law; those who are receiving monthly allowances under Decision No. 91/2000 / QD-TTg of August 4, 2000, Decision No. 613 / QD-TTg of May 6, 2010 of the Prime Minister; Rubber workers are receiving monthly benefits.
+ People who are receiving monthly labor accident and occupational disease allowance.
Adjustments to pensions and social insurance allowances are increasingly in favor of workers, when the adjustment is in the direction of high growth (7.91%) compared to the previous time. Thus, the regimes stipulated in this Circular are officially implemented from July 1, 2019.

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