From January 01, 2022, the monthly salary after payment of social insurance contributions for employees paying compulsory social insurance specified in Clause 1, Article 1 of Circular No. 36/2021/TT-BLDTBXH shall be indexed as follows:
Indexed monthly salary after payment of social insurance contributions in each year = Total monthly salary after payment of social insurance contributions in each year x Indexation rate of monthly salary after payment of social insurance contributions in the corresponding year
Indexation rate of monthly salary after payment of social insurance contributions in the corresponding year shall be specified in Clause 1, Article 2 of Circular 36/2021/TT-BLDTBXH from before 1995 to 2022. For instance:
- Before 1995: 5,10 (increasing by 0,09 compared to the indexation rate in 2021);
- 1995: 4,33 (increasing by 0,08 compared to the indexation rate in 2021);
- 1996: 4,09 (increasing by 0,07 compared to the indexation rate in 2021);
- 1997: 3,96 (increasing by 0,07 compared to the indexation rate in 2021);
- 1998: 3,68 (increasing by 0,07 compared to the indexation rate in 2021);
- 1999: 3,53 (increasing by 0,07 compared to the indexation rate in 2021);
- 2000: 3,58 (increasing by 0,06 compared to the indexation rate in 2021);
- 2022: 1,00;…
The Circular 36/2021/TT-BLDTBXH takes effect from February 20, 2022 and supersedes Circular No. 23/2020/TT-BLDTBXH dated December 30, 2020.
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