FROM JULY 01, PENSION AND MONTHLY ALLOWANCE INCREASE BY 6.92%
On June 15, 2018, the Government issues the Decree No. 88/2018/ND-CP on adjustments of retirement pensions, social insurance allowances and monthly allowances
Accordingly, from July 01, 2018, the amount of pension, social insurance allowance and monthly allowance increases by 6.92% compared to June 2018 for such entities as follow:
- Public officials, public employees and workers; soldiers, people’s police and cipher officers who are on monthly retirement pensions;
- Officers of communes, wards and commune-level towns who are on monthly retirement pensions and allowances;
- Those who are on monthly work-capacity loss allowance;
- Officers of communes, wards, commune-level towns who are on monthly allowance as prescribed in Decision No. 130/CP dated June 20, 1975 and Decision No. 111-HDBT dated October 13, 1981;
- Soldiers, people’s police who are on monthly allowances;
- Those who are on monthly occupational accident and disease benefits.
This Decree takes effect on July 01, 2018.
