From January 1, 2022, foreign workers working in Vietnam must participate in the following insurance regimes: sickness; maternity; occupational accident and occupational disease insurance; retirement and survivorship according to Decree 143/2018/ND-CP and Notice 4447/TB-BHXH dated 22/12/2021.
Article table of contents
Social insurance contributions for foreign employees in 2022 (Artwork)
Foreign workers must participate in compulsory social insurance
Employees who are foreign citizens working in Vietnam are eligible to participate in compulsory social insurance when:
- Having a work permit or practicing certificate or a practicing license issued by a competent Vietnamese authority;
- Having an indefinite-term labor contract or a definite-term labor contract of full 01 year or more with an employer in Vietnam.
Social insurance contributions for foreign employees in 2022
In Clause 1, Article 12 of Decree 143/2018/ND-CP stipulates:
From January 1, 2022, foreign workers who are required to participate in compulsory social insurance shall pay 8% of their monthly salary to the retirement and survivorship fund every month.
In addition, the employer shall pay on the monthly salary fund on which social insurance premiums are based of the employee the following amounts:
- 3% to the sickness and maternity fund;
- 0.5% to the labor accident and occupational disease insurance fund;
Particularly for enterprises operating in occupations with high risk of occupational accidents and diseases, if they are eligible, have a written request and are approved by the Ministry of Labor, War Invalids and Social Affairs, they may contribute to the occupational accident and disease fund at a lower rate. is 0.3%.
However, based on Resolution 68/NQ-CP dated July 1, 2021, enterprises are allowed to apply the payment rate equal to 0% of the salary fund as a basis for paying social insurance contributions to the Insurance Fund for occupational accidents and diseases in the period. 12 months (from July 1, 2021 to the end of June 30, 2022) for employees subject to occupational accident and occupational disease insurance (except for cadres, civil servants, public employees, people in the workforce) the people's armed forces, employees in Party and State agencies, administrative agencies and public non-business units receiving salaries from the state budget).
- 14% to the retirement and survivorship fund from January 1, 2022.
Thus, from January 1, 2022, foreign workers must pay 8% of their monthly salary to the retirement and survivorship fund and the employer must pay over the monthly salary fund for which social insurance premiums are based. employees equal 14% to the retirement and survivorship fund.
In addition, according to Article 18 of Decision 595/QD-BHXH , foreign workers working in Vietnam are also considered to be subjects to participate in health insurance, specifically the health insurance premiums are as follows:
- Employees: 1.5% of the monthly salary.
- Employer: 3% of the monthly salary;
Pursuant to the above provisions, from January 1, 2022, the employer and the foreign national employee working in Vietnam shall deduct the monthly payment of social insurance, health insurance, occupational accident and occupational disease insurance premium on the salary level. month at the following rate:
| Closing time |
Employers |
Workers |
Total |
||||
| Health insurance |
Maternity sickness |
Occupational accidents, occupational diseases |
Retirement, death |
Health insurance |
Retirement, death |
||
| From January 1, 2022, June 30, 2022: |
3% |
3% |
0% |
14% |
1.5% |
8% |
29.5% |
| From 1/7/2022 |
3% |
3% |
0.5% |
14% |
1.5% |
8% |
30% |
The lowest monthly salary for which compulsory social insurance is paid is equal to the regional minimum salary, the highest level of payment is 20 times the base salary at the time of payment. Currently, the applied base salary is 1,490,000 VND/month, therefore, the highest social insurance premium payment is 29.8 million VND/month.
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