DTiNews
  1. VIETNAM TODAY

  2. Society

Wage, social insurance policy reform committee set up

The Prime Minister has signed a decision to establish a central steering committee for reform of wage and social insurance policies and incentives towards people who rendered services to the nation.

On August 6, the National Wage Council made its debut, with the task of studying and making suggestions to the Government on the regional minimum wage for 2014 during the remaining months of this year.

The council is set up under Decision 1055/QD-TTg dated July 3, 2013, in line with provisions of the 2012 Labour Code and Government Decree 49/2013/ND-CP issued on May 14, 2013.

Civil servants members of the armed forces and socio-political organisations staff enjoyed an increase of 9.5 percent to their monthly minimum wage from July 1, 2013, which was the fifth minimum wage increase in the past five years.

According to a new government decree issued on July 1, the wage rose by 100.000 VND (4.076 USD) from the previous 1.050.000 VND (50 USD).
Source: VNA
More news
Loading...