Minister Dao Ngoc Dung: Wage reform must be accompanied by pension adjustment.

If the salaries of civil servants and officials increase by 23.5% after the reform, the pension at least must increase by 15%.

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Speaking at a New Year meeting on the first working day of the Ministry of Labor, Invalids and Social Affairs after the Tet holiday, held on the morning of February 15, Minister Dao Ngoc Dung stated that in 2024, a comprehensive reform of salary policies will be implemented in accordance with Resolution No. 27-NQ / TW. Salary reform must go hand in hand with adjusting pension policies in the spirit of “not letting retirees fall into difficulties and disadvantages when reforming”.

When salary reform increases the general salary level for all workers nationwide and pension is not well adjusted, pension recipients suffer a lot.

Therefore, it is necessary to calculate a balance and harmony. If the salary of civil servants and officials increases by 23.5%, then pension must increase by at least 15%.

Minister Dao Ngoc Dung: Not letting retirees fall into difficulties and disadvantages when reforming

After salary reform, people with contributions will enjoy higher than average levels

Furthermore, according to Minister Dao Ngoc Dung, when implementing salary reform, people with contributions before 1995 will receive the highest level of benefits, ensuring that those who receive this benefit are not disadvantaged. After salary reform, people with contributions will enjoy higher than average levels.

Next, strive to increase the social subsidy standard to 750,000 VND, the minimum standard must be equal to 50% of rural poor households. The current subsidy standard of only 360,000 VND is too low.