Expected funding for early retirement civil servants

HƯƠNG NHA |

The Ministry of Home Affairs has issued a new proposal related to funding for implementation in public service units when civil servants and employees retire early.

In addition to expanding the scope and beneficiaries, in the draft Decree on amending and supplementing Decree 178, the Ministry of Home Affairs also adjusted regulations related to civil servants and employees in public service units.

Accordingly, the draft Decree amends and supplements Point a, Clause 2 and Clause 5, Clause 6, Article 16 on implementation costs for civil servants and employees in public service units.

For public service units that self-insure regular and investment expenditures; Public service units that self-insure regular expenditures, funding for policy and regulation settlement from the unit's operational revenue and other legal revenue sources.

In case public service units self-insure regular expenditures assigned by the State through service prices but the service price does not include all the components to resolve policies and regimes as prescribed in this Decree for civil servants, the source of funding for resolving policies and regimes shall be provided by the state budget.

The draft Decree amends and supplements Decree 178 to add regulations for those working in the staffing quota and receiving salaries from the state budget at associations directly assigned by the Party and the State at the central and local levels to reorganize the apparatus, the cost of resolving policies and regimes is provided by the state budget.

In addition, administrative organizations are allowed to implement special financial mechanisms such as public service units until December 31, 2024, when the funding source for resolving policies and regimes is provided by the state budget.

Previously, Decree 178 stipulated that for public service units with a part of regular expenditure guaranteed by the state budget, the budget for resolving policies and regimes will come from the unit's revenue from career activities, state budget sources and other legal sources.

The state budget will allocate funds for resolving policies and regimes based on the number of employees receiving salaries from the state budget assigned by competent authorities.

Also according to this decree, public service units with regular expenditures guaranteed by the state budget will have funding to resolve policies and regimes issued by the state budget.

Decree 178 further stipulates that agencies, organizations and units after the merger and consolidation will conduct training and development to improve professional qualifications and skills, in accordance with the job position of cadres, civil servants and public employees, in addition to the training and development funds for cadres, civil servants and public employees that have been arranged annually according to regulations, and will be granted additional training and development funds equal to 5% of the total basic salary fund (excluding allowances) in the first year of implementing the organizational arrangement.

In addition, the state budget ensures that all expenses equivalent to the amount of social insurance contributions to the Pension and Death Insurance Fund for the period of early retirement of cadres, civil servants, public employees and workers are allowed to retire within 5 years to the prescribed retirement age without having the pension rate deducted.

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