What are subjects and time of application for the social insurance price slippage coefficient in 2025 in Vietnam?
What are subjects and time of application for the social insurance price slippage coefficient in 2025 in Vietnam?
Based on Article 1 of Circular 01/2025/TT-BLDTBXH stipulating the applicable subjects:
Article 1. Applicable Subjects
- Subjects for adjustment of salaries already paid for social insurance according to Clause 1 and Clause 2, Article 10 of Decree No. 115/2015/ND-CP include:
a) Employees under the wage policies determined by the State who started participating in social insurance from January 1, 2016, onwards, receiving retirement pensions, lump-sum allowances upon retirement, a one-time social insurance payout, or deceased, in which case their relatives receive a lump-sum death benefit during the period from January 1, 2025, to December 31, 2025.
b) Employees paying social insurance according to wage policies decided by employers, receiving retirement pensions, lump-sum allowances upon retirement, a one-time social insurance payout, or deceased, in which case their relatives receive a lump-sum death benefit during the period from January 1, 2025, to December 31, 2025.
- Subjects for adjustment of monthly income already paid for social insurance as prescribed in Clause 2, Article 4 of Decree No. 134/2015/ND-CP are individuals participating in voluntary social insurance, receiving retirement pensions, lump-sum allowances upon retirement, a one-time social insurance payout, or deceased, in which case their relatives receive a lump-sum death benefit during the period from January 1, 2025, to December 31, 2025.
The subjects and duration for the application of the social insurance price index in 2025 are as follows:
- Subjects for adjustment of salaries already paid for social insurance:
+ Employees under state-determined wage policies starting participation in social insurance from January 1, 2016, onwards, receiving retirement pensions, lump-sum allowances upon retirement, a one-time social insurance payout, or deceased, with relatives receiving a lump-sum death benefit during the period from January 1, 2025, to December 31, 2025.
+ Employees paying social insurance based on employer-determined wage policies, receiving retirement pensions, lump-sum allowances upon retirement, a one-time social insurance payout, or deceased, with relatives receiving a lump-sum death benefit during the period from January 1, 2025, to December 31, 2025.
- Subjects for adjustment of monthly income already paid for social insurance: Are individuals participating in voluntary social insurance, receiving retirement pensions, lump-sum allowances upon retirement, a one-time social insurance payout, or deceased, with relatives receiving a lump-sum death benefit during the period from January 1, 2025, to December 31, 2025.
- Duration: From January 1, 2025, to December 31, 2025.
What are subjects and time of application for the social insurance price slippage coefficient in 2025 in Vietnam? (Image from the Internet)
What is the table of social insurance price slippage coefficients for the year 2025 in Vietnam?
As per Circular 01/2025/TT-BLDTBXH stipulating the social insurance price index from January 1, 2025:
[1] Social Insurance Salary Price Index (Adjustment level of monthly salary paid for social insurance) stipulated in Article 2 of Circular 01/2025/TT-BLDTBXH
|
Year |
Before 1995 |
1995 |
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
|
Adjustment Level |
5,63 |
4,78 |
4,51 |
4,37 |
4,06 |
3,89 |
3,95 |
3,97 |
3,82 |
3,70 |
3,43 |
|
Year |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
|
Adjustment Level |
3,17 |
2,95 |
2,72 |
2,21 |
2,07 |
1,90 |
1,60 |
1,47 |
1,37 |
1,32 |
1,31 |
|
Year |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
|
|
Adjustment Level |
1,28 |
1,23 |
1,19 |
1,16 |
1,12 |
1,10 |
1,07 |
1,04 |
1,00 |
1,00 |
|
[2] Social Insurance Income Price Index (Adjustment level of monthly income paid for social insurance) stipulated in Article 3 of Circular 01/2025/TT-BLDTBXH
|
Year |
2008 |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
|
Adjustment Level |
2,21 |
2,07 |
1,90 |
1,60 |
1,47 |
1,37 |
1,32 |
1,31 |
1,28 |
|
Year |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
|
Adjustment Level |
1,23 |
1,19 |
1,16 |
1,12 |
1,10 |
1,07 |
1,04 |
1,00 |
1,00 |
What are the policies included in mandatory social insurance in Vietnam?
Based on Article 4 of Social Insurance Law 2024 stipulating the types and benefits of social insurance:
Article 4. Types and Benefits of Social Insurance
- Social pension allowance includes the following policies:
a) Monthly social pension allowance;
b) Funeral cost support;
c) Health insurance entitlement funded by the state budget.
- Mandatory social insurance includes the following policies:
a) Sickness;
b) Maternity;
c) Retirement;
d) Death;
e) Occupational accident and disease insurance as prescribed by the Law on Occupational Safety and Hygiene.
- Voluntary social insurance includes the following policies:
a) Maternity allowance;
b) Retirement;
c) Death;
d) Occupational accident insurance as prescribed by the Law on Occupational Safety and Hygiene.
- Unemployment insurance as stipulated by the Employment Law.
- Supplemental pension insurance.
According to the above regulations, mandatory social insurance includes the following policies:
- Sickness
- Maternity
- Retirement
- Death
- Occupational accident and disease insurance as prescribed by the Law on Occupational Safety and Hygiene
