In 2020, what is the funeral allowance benefit amount?

Editorial Board, may I ask: In the case where a participant in social insurance (both compulsory social insurance and voluntary social insurance) passes away, the relatives or the person organizing the funeral will be entitled to a funeral allowance. So, may I ask what the funeral allowance rate for 2020 is? I look forward to your timely response.

In Article 80 of the Social Insurance Law 2014, it is stipulated:

Funeral allowance is 10 times the statutory pay rate in the month that the person specified in Clause 1 of this Article dies.

Pursuant to Decree 38/2019/ND-CP, from July 1, 2019, the statutory pay rate is 1,490,000 VND. And according to Resolution 86/2019/QH14, starting from July 1, 2020, the statutory pay rate is raised to 1,600,000 VND.

Thus, the funeral allowance for social insurance participants who pass away

From January 2020 to the end of June 2020 is 1,490,000 * 10 = 14,900,000 VND

From July 2020 onwards is 1,600,000 * 10 = 16,000,000 VND.

The editorial board provides the information in response to you.

Related Posts
LawNet
What is the List of 35 regional social security offices in Vietnam from March 1, 2025?
LawNet
Is it permissible to authorize someone else to receive pension benefits in 2025 in Vietnam?
LawNet
What are subjects and time of application for the social insurance price slippage coefficient in 2025 in Vietnam?
LawNet
Can individuals with reduced working capacity withdraw lump-sum social insurance in Vietnam?
LawNet
What is the table of social insurance price slide coefficient in 2025 in Vietnam?
LawNet
What are regulations on adjustment of monthly income used for social insurance contributions in Vietnam from February 28, 2025?
LawNet
What are regulations on adjustment of monthly salary used for social insurance contributions in Vietnam from February 28, 2025?
LawNet
Who is eligible for early retirement when restructuring the organizational apparatus in Vietnam?
LawNet
Which cases requires presentation of health insurance card information in Vietnam?
LawNet
Decree 174/2024/ND-CP on the regulations for sanctioning administrative violations in the field of insurance business in Vietnam
Lượt xem: 0
Latest Post

Đơn vị chủ quản: Công ty THƯ VIỆN PHÁP LUẬT.
Chịu trách nhiệm chính: Ông Bùi Tường Vũ - Số điện thoại liên hệ: 028 3935 2079
P.702A , Centre Point, 106 Nguyễn Văn Trỗi, P.8, Q. Phú Nhuận, TP. HCM;