Circular No. 02/2014/TT-BLDTBXH on the adjustment levels for salaries, wages, and monthly income already paid into social insurance

CIRCULAR

Regulations on the adjustment level of monthly wages, salaries, and income already contributed to social insurancethat has been contributed to social insurance

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Pursuant to Decree No. 83/2008/NĐ-CP dated July 31, 2008 of the Government adjusting wages and salaries already contributed to social insurance for employees implementing wage systems determined by employers (hereinafter referred to as Decree No. 83/2008/NĐ-CP);lClause, the social insurance premium paid for employees under the remuneration system determined by the employer (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 contributed to social insurance for voluntary social insurance participants (hereinafter referred to as Decree No. 134/2008/NĐ-CP).

Considering the proposal of the Director of the Social Insurance Department and based on consensus with the Ministry of Finance,

The Minister of Labor, Invalids and Social Affairs issues this Circular regulating the adjustment level of monthly wages, salaries, and income already contributed to social insurance.

Article 1. Scope of application

1. The subjects regulated by Article 2 of Decree No. 83/2008/NĐ-CP regarding wages and salaries already contributed to social insurance are employees participating in social insurance or preserving time for social insurance participation, having time contributing to social insurance under the wage system determined by employers, receiving pension, one-time allowance upon retirement, one-time social insurance, or deceased with their dependents receiving one-time survivor's allowance from January 1, 2014 to December 31, 2014.

2. The subjects regulated by Article 2 of Decree No. 134/2008/NĐ-CP regarding monthly income already contributed to social insurance are voluntary social insurance participants receiving pension, one-time allowance upon retirement, one-time social insurance, or deceased with their dependents receiving one-time survivor's allowance from January 1, 2014 to December 31, 2014.

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:

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

2. For employees who have time contributing to social insurance under both the state-regulated wage system and the employer-determined wage system, the monthly wages and salaries already contributed to social insurance under the employer-determined wage system shall be adjusted according to the provisions of Clause 1 of this Article. The average monthly wage and salary level already contributed to social insurance serving as the basis for calculating pension, one-time allowance upon retirement, one-time social insurance, and one-time survivor's allowance 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 Social Insurance Law on 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 Social Insurance Law on mandatory social insurance for military personnel, police officers, and civil servants enjoying the same salary as military personnel and police officers, which has been amended and supplemented by Decree No. 153/2013/NĐ-CP dated November 8, 2013 of the Government.

Article 3. Adjustment of monthly income already contributed to social insurance

Table 2:

In which, the adjustment level of monthly income already contributed to social insurance for the corresponding year shall be implemented according to Table 2 below:

Table 2

2. For employees who have time contributing to both mandatory and voluntary social insurance, the monthly income already contributed to voluntary social insurance shall be adjusted according to the provisions of Clause 1 of this Article. In cases where there is time contributing to social insurance under the employer-determined wage system, the monthly wages and salaries already contributed to social insurance under the employer-determined wage system shall be adjusted according to the provisions of Clause 1 of Article 2 of this Circular. The average monthly income level already contributed to voluntary social insurance or the average monthly wage and salary level and monthly income already contributed to social insurance serving as the basis for calculating pension, one-time allowance upon retirement, one-time social insurance, and one-time survivor's allowance 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 Social Insurance Law on voluntary social insurance.

Article 4. Implementation provisions

1. This Circular takes effect from March 1, 2014; the provisions of this Circular shall apply from January 1, 2014.

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./.