Five Social Insurance Benefits Rise in 2019
Legal Document: Law on Social Insurance 2019, Decree 47/2017/ND-CP, Resolution 70/2018/QH14
Currently, the statutory pay rate in effect is 1,390,000 VND/month. From July 1, 2019, the statutory pay rate will increase to 1,490,000 VND/month. Accordingly, a series of social insurance benefits will be adjusted as follows:
| No. | Type of Allowance | Benefit Level | From January 1, 2019 to June 30, 2019 Base Salary: 1,390,000 VND |
From July 1, 2019 to December 31, 2019 Base Salary: 1,490,000 VND |
|---|---|---|---|---|
| 1 | One-time allowance for childbirth or adoption | 2 months of statutory pay rate | 2,780,000 VND | 2,980,000 VND |
| 2 | Health recovery and rehabilitation allowance | 1 day equals 30% of statutory pay rate | 417,000 VND/day | 447,000 VND/day |
| 3 | Funeral allowance | 10 times statutory pay rate | 13,900,000 VND | 14,000,000 VND |
| 4 | Monthly survivorship allowance | 50% of statutory pay rate per dependent or 70% if the dependent has no caregiver | 695,000 VND/month or 973,000 VND/month | 745,000 VND/month or 1,043,000 VND/month |
| 5 | Health recovery and rehabilitation after maternity | 1 day equals 30% of statutory pay rate | 417,000 VND/day | 447,000 VND/day |
Above is the advisory content regarding the increase in social insurance allowances in the year 2019.
Sincerely!
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