This circular amends and supplements Circular No. 24/1999/TT-BTC on financial management in rewarding outstanding achievements, particularly specifying that a collective receiving a Certificate of Merit from the Prime Minister shall be awarded VND 400,000 and a collective or unit recognized as excellent workers shall receive no more than one month's minimum wage, specifically VND 100,000.
Scope of application
Organizations and individuals related to financial management work for rewarding outstanding achievements
Key points
- A collective receiving a Certificate of Merit from the Prime Minister: Shall be awarded VND 400,000 (Point 2 Section II)
- Collectives or units recognized as excellent workers: Shall receive an award not exceeding one month's minimum wage, specifically VND 100,000 (Subsection 2.1 Point 2 Section II)
- Enhance the effectiveness of financial management in rewarding outstanding achievements
- Encourage the spirit of collectives and individuals with outstanding achievements
🌐 Social impact of this document
- Enhance the effectiveness of financial management in rewarding outstanding achievements
- Encourage the spirit of collectives and individuals with outstanding achievements
- Reduce confusion due to printing errors in previous documents
❓ Frequently asked questions
How much will a collective receiving a Certificate of Merit from the Prime Minister receive as an award?
VND 400,000 (Point 2 Section II)
What is the amount of the reward for collectives or units recognized as excellent workers?
Not exceeding one month's minimum wage, specifically VND 100,000 (Subsection 2.1 Point 2 Section II)
Full text
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MINISTRY OF FINANCE |
SOCIALIST REPUBLIC OF VIET NAM |
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Decision No. 70/1999/TT-BTC |
Hanoi, June 10, 1999 |
CIRCULAR
GUIDING THE AMENDMENT AND SUPPLEMENT TO CIRCULAR NO. 24/1999/BTC-TT DATED MARCH 4, 1999 ON DIRECTING FINANCIAL MANAGEMENT IN IMPLEMENTING AWARD SYSTEMS FOR OUTSTANDING ACCOMPLISHMENTS IN ECONOMIC AND SOCIAL TASKS AND NATIONAL DEFENSE
Pursuant to Decree No. 56/1998/NĐ-CP dated July 30, 1998 of the Government.
To rectify errors in the printing process of the document, the Ministry of Finance guides the amendment and supplementation to Circular No. 24/1999/BTC-TT dated March 4, 1999 of the Ministry of Finance on directing financial management in implementing award systems for outstanding accomplishments in economic and social tasks and national defense as follows:
1. Supplement Point 2, Section II as follows:
A collective receiving a Certificate of Merit from the Prime Minister: Shall be awarded VND 400,000.
2. Amend Item 2.1, Point 2, Section II as follows:
A labor-excellent team or unit shall receive an award in cash not exceeding one month of the minimum wage, with a maximum amount of VND 100,000.
This Circular takes effect from August 15, 1998. Other provisions in Circular No. 24/1999/BTC-TT dated March 4, 1999 of the Ministry of Finance remain unchanged.
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Nguyen Thi Kim Ngan (Signed) |
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