Circular No. 01/2012/TT-BLDTBXH stipulates the adjustment rates for salaries, wages, and monthly income already paid into social insurance for workers from January 1, 2012 to December 31, 2012. The adjustment rates are determined according to Table 1 (for salaries) and Table 2 (for income). This Circular takes effect from February 20, 2012.
Scope of application
Workers participating in social insurance or preserving their time of participation in social insurance, and voluntary social insurance participants.
Key points
- Workers with time of social insurance contributions based on the salary system decided by the employer shall have their salaries adjusted according to Table 1, from 3.52% (in 1995) to 1.00% (in 2012).
- Voluntary social insurance participants shall have their monthly income adjusted according to Table 2, from 1.38% (in 2008) to 1.00% (in 2012).
- The average salary, wage, and monthly income paid into social insurance serve as the basis for calculating retirement pension, lump-sum benefit upon retirement, one-time social insurance benefit, and one-time survivor's benefit.
- This Circular applies from January 1, 2012 to December 31, 2012.
- Workers with time of social insurance contributions based on the salary system prescribed by the State shall also be adjusted according to this Circular.
🌐 Social impact of this document
- Positive impact: Workers will receive increased income and salaries, thereby improving their living standards.
- Negative impact: Employers' costs may increase due to the adjustment of salaries and income.
- People benefit from increased income and salaries.
- Enterprises may face difficulties with labor costs.
❓ Frequently asked questions
What are the salary and wage adjustment rates?
The salary and wage adjustment rates are determined according to Table 1, from 3.52% (in 1995) to 1.00% (in 2012).
What is the monthly income adjustment rate for voluntary social insurance participants?
Voluntary social insurance participants shall have their monthly income adjusted according to Table 2, from 1.38% (in 2008) to 1.00% (in 2012).
When does this Circular apply?
This Circular applies from January 1, 2012 to December 31, 2012.
How are workers with time of social insurance contributions based on the salary system prescribed by the State adjusted?
Workers with time of social insurance contributions based on the salary system prescribed by the State shall also be adjusted according to this Circular.
What is calculated based on the average salary, wage, and monthly income paid into social insurance?
The average salary, wage, and monthly income paid into social insurance serve as the basis for calculating retirement pension, lump-sum benefit upon retirement, one-time social insurance benefit, and one-time survivor's benefit.
Full text
|
MINISTRY OF LABOUR - INVALIDS AND SOCIAL AFFAIRS |
SOCIALIST REPUBLIC OF VIET NAM |
|
Number: 01/2012/TT-BLDTBXH |
Hanoi, January 5, 2012 |
CIRCULAR
Regulations on the adjustment level of wages and salaries
and monthly income already contributed to social insurance
Pursuant to Decree No. 83/2008/NĐ-CP dated July 31, 2008 of the Government adjusting wages and salaries already covered by social insurance for workers implementing wage systems determined by employers (hereinafter referred to as Decree No. 83/2008/NĐ-CP).
Pursuant to Decree No. 134/2008/NĐ-CP dated December 31, 2008 of the Government adjusting monthly income already covered by social insurance for workers participating in voluntary social insurance (hereinafter referred to as Decree No. 134/2008/NĐ-CP).
After reaching consensus with the Ministry of Finance, the Ministry of Labor, Invalids and Social Affairs stipulates the adjustment levels of wages and salaries already covered by social insurance for workers implementing wage systems determined by employers and the adjustment levels of monthly income already covered by social insurance for workers participating in voluntary social insurance as follows:
Article 1. Scope of application
1. The subjects subject to adjustment of wages and salaries already covered by social insurance as prescribed in Article 2 of Decree No. 83/2008/NĐ-CP are workers who are participating in social insurance or suspending their participation in social insurance, having periods of social insurance contributions under the wage system determined by employers, and receiving retirement pensions, lump-sum allowances upon retirement, one-time social insurance benefits, or whose dependents receive one-time survivor allowances from January 1, 2012 to December 31, 2012.
2. The subjects subject to adjustment of monthly income already covered by social insurance as prescribed in Article 2 of Decree No. 134/2008/NĐ-CP are workers participating in voluntary social insurance and receiving retirement pensions, lump-sum allowances upon retirement, one-time social insurance benefits, or whose dependents receive one-time survivor allowances from January 1, 2012 to December 31, 2012.
Article 2. Adjustment of salary and wages already contributed to social insurance
1. Monthly wages and salaries already contributed to social insurance for the subjects specified in Clause 1, Article 1 of this Circular shall be adjusted according to the following formula:
|
Adjusted monthly salary and wages already contributed to BHXH of each year |
= |
Total monthly salary and wages already contributed to BHXH under the wage system decided by the employer of each year |
x |
Adjustment rate of monthly salary and wages already contributed to BHXH of the corresponding year |
In which, the adjustment rate of monthly salary and wages already contributed to social insurance of the corresponding year shall be implemented according to Table 1 below:
Table 1:
|
Year |
Before 1995 |
1995 |
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
|
Adjustment Level |
3,52 |
2,98 |
2,82 |
2,73 |
2,54 |
2,43 |
2,47 |
2,48 |
2,38 |
2,31 |
|
Year |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
|
|
Adjustment Level |
2,15 |
1,98 |
1,84 |
1,70 |
1,38 |
1,29 |
1,19 |
1,00 |
1,00 |
2. For workers who have periods of social insurance contributions under both the state-prescribed wage system and the wage system determined by employers, the monthly wages and salaries already covered by social insurance under the wage system determined by employers shall be adjusted according to the provisions of Clause 1 of this Article. The average monthly wages and salaries or monthly income already covered by social insurance serving as the basis for calculating retirement pensions, lump-sum allowances upon retirement, one-time social insurance benefits, and one-time survivor allowances shall be calculated according to the provisions of Article 31 of Decree No. 152/2006/NĐ-CP dated December 22, 2006 of the Government guiding certain provisions of the Law on Social Insurance regarding mandatory social insurance and Article 34 of Decree No. 68/2007/NĐ-CP dated April 19, 2007 of the Government detailing and guiding the implementation of certain provisions of the Law on Social Insurance regarding mandatory social insurance for military personnel, police officers, and civil servants enjoying the same salary as military personnel and police officers.
Article 3. Adjustment of monthly income already contributed to social insurance
Table 2:
|
Adjusted monthly income already contributed to voluntary social insurance of each year |
= |
Total monthly income already contributed to social insurance of each year |
x |
Adjustment rate of monthly income already contributed to social insurance of the corresponding year |
In which, the adjustment level of the monthly income for social insurance contributions of the corresponding year shall be implemented according to Table 2 below:
1. This Circular takes effect from February 20, 2023; the provisions of this Circular shall apply from January 1, 2023.
|
Year |
2008 |
2009 |
2010 |
2011 |
2012 |
|
Adjustment Level |
1,38 |
1,29 |
1,19 |
1,00 |
1,00 |
2. For workers who have periods of mandatory social insurance contributions and voluntary social insurance contributions, the monthly income already covered by voluntary social insurance shall be adjusted according to the provisions of Clause 1 of this Article. In cases where there are periods of social insurance contributions under the wage system determined by employers, the monthly wages and salaries already covered by social insurance under the wage system determined by employers shall be adjusted according to the provisions of Clause 1 of Article 2 of this Circular. The average monthly income already covered by voluntary social insurance or the average monthly wages and salaries and monthly income already covered by social insurance serving as the basis for calculating retirement pensions, lump-sum allowances upon retirement, one-time social insurance benefits, and one-time survivor allowances shall be calculated according to the provisions of Articles 16 and 17 of Decree No. 190/2007/NĐ-CP dated December 28, 2007 of the Government guiding certain provisions of the Law on Social Insurance regarding voluntary social insurance.
Article 4. Implementation provisions
1. This Circular takes effect from February 20, 2012; the provisions of this Circular shall apply from January 1, 2012.
2. During the implementation process, if there are any difficulties, please report to the Ministry of Labor, Invalids and Social Affairs for timely research and resolution./.
|
DEPUTY MINISTER |
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