GUIDING ON SALARY INCREASE FOR OFFICIAL STAFFS IN 2018
The Circular No. 68/2018/TT-BTC guiding the determination of demands, funding sources and methods of payment for application of the base salary according to the Decree No. 72/2018/ND-CP issued by the Ministry of Finance on August 06, 2018.
In Ministries and central agencies, the funding sources are allocated as follows:
- Use the source of salary reform of 2017 is not used up until 2018 (if any);
- Use at least 40% of retained revenues of 2018 (after adjustment of the base salary from VND 1.2 million/month to 1.3/month);
- Sources of saved regular expenditure associated with implementation of renovating solutions and reorganizing apparatus of the political system.
In central provinces and cities, funding sources are allocated as follows:
- Use of 10% of saved regular expenditures estimates in 2018 increase over the 2017 estimates;
- Use 50% of local budget revenue sources over the 2017 budget assigned by the Prime Minister;
- Use the source of salary reform of 2017 is not used up until 2018 (if any);
- Use the remaining money (if any) after ensuring the requirement of adjusting the base salary to VND 1.300.000 per month.
The central budget will supplement the lack of funding for disadvantaged localities after using the above sources.
This Circular takes effect on September 19, 2018.
