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In 2025, public sector salaries, pensions, and social insurance benefits will not increase, but this will be considered if the socio-economic situation next year is favorable.
On the morning of November 13, with nearly 90% of delegates in favor, the National Assembly passed the Resolution on the State budget estimate for 2025.
Accordingly, the National Assembly resolved that next year's budget revenue will be over 1.96 quadrillion VND, with total expenditures of nearly 2.55 quadrillion VND. Of which, the deficit will be about 3.8% of GDP, equivalent to 471,500 billion VND. Next year, the budget is allowed to borrow 835,965 billion VND.
In 2025, public sector salaries, pensions, social insurance benefits, and meritorious people's benefits will not be increased. However, if the socio-economic situation next year is favorable, the Government will balance resources and propose to competent authorities for consideration and decision.
Previously, from July 1, about 3.3 million people received an increase in pensions, social insurance benefits, and monthly allowances of 15%. Accordingly, for those receiving pensions before 1995, after adjustment, if the level of benefit is lower than 3.2 million VND/month, the increase will be 300,000 VND. Those with monthly benefits from 3.2 to under 3.5 million VND will be adjusted to 3.5 million VND. The preferential allowance for people with meritorious services will increase to nearly 2.79 million VND/month; social assistance is 500,000 VND/month.
The budget will spend 110,620 billion VND of accumulated funds for salary reform until the end of 2024, of which the central budget is 60,000 billion VND, the rest is local budget. If there is any surplus, it will be transferred to the following year, so that ministries, central and local agencies can implement the basic salary of 2.34 million VND/month.
Ministries, central agencies and localities need to continue implementing solutions to create sources for salary policy reform according to regulations. Localities are allowed to continue to exclude some revenue items when calculating the increase in budget revenue for salary reform according to Resolution 34/2021 of the National Assembly.
In addition, localities are also allowed to use the remaining salary reform funds to invest in regional and national connectivity projects and key national projects in the area. However, they must commit to ensuring funds for salary reform until 2030, without asking for support from the central budget.
The National Assembly assigned the Government to study and propose solutions to unreasonable policies for teachers and health workers. Ministries, central and local agencies need to continue to streamline staff, reorganize the apparatus, and save money to combat waste. The reorganization of public service units also needs to be accelerated, in order to reduce direct budget support for public service units.
Regarding the transfer of increased budget revenue sources for 2022, the National Assembly agreed to allow the transfer of the remaining unallocated source of more than VND 103,636 billion to allocate to projects permitted by the National Assembly to use the general reserve source and projects assigned to agencies, ministries and branches in the 2021-2025 medium-term public investment plan.
The Government will report to the National Assembly Standing Committee for consideration and decision on the remaining VND 8,535 billion that has not been allocated when investment procedures are complete.
Similarly, about VND 23,120 billion of the 2023 central budget revenue increase source will be transferred to projects approved by the National Assembly and implemented by ministries, central and local agencies in the 2025 central public investment plan.
The remaining unallocated amount of 13,320 billion VND, the National Assembly assigned the Government to report to the National Assembly Standing Committee for consideration and decision on allocation when all investment procedures are completed according to regulations.
TB (according to VnExpress)