Who are eligible beneficiaries regarding financial aid for workers affected by Covid-19 from the surplus of unemployment insurance fund in Vietnam?

Who are eligible beneficiaries regarding financial aid for workers affected by Covid-19 from the surplus of unemployment insurance fund in Vietnam?

Pursuant to Article 1 of the Decision 28/2021/QĐ-TTg stipulating eligible beneficiaries as follows:

1. Workers who are participating in unemployment insurance on September 30, 2021 (included in the list of unemployment insurance participants of social insurance authorities), except:

a) People who are working at state agencies, political organizations, socio-political organizations, units of people’s armed forces.

b) People who are working at public service providers whose recurrent expenditures are financed by the state budget according to the Government’s Decree No. 60/2021/ND-CP and applicable regulations of law on financial autonomy of public service providers.

2. Workers who have stopped participating in unemployment insurance due to termination of their employment contracts within the period from January 1, 2020 to end of September 30, 2021, and whose unemployment insurance contribution periods are reserved according to employment laws (except people who have received decisions on monthly pensions).

3. Not applicable to those who voluntarily waive the aid.

What are regulations on unemployment insurance contribution period as the basis for calculation of financial aid in Vietnam?

Pursuant to Article 2 of the Decision 28/2021/QĐ-TTg stipulating regulations on unemployment insurance contribution period as the basis for calculation of financial aid in Vietnam as follows:

1. Basis for calculation of financial aid: unclaimed unemployment insurance contribution period till September 30 of 2021, provided unemployment benefit has not been provided.

In case a worker has submitted an application for unemployment benefit but it has not been granted by September 30, 2021, the total unclaimed unemployment insurance contribution period till September 30, 2021 shall be the basis for aid calculation.

2. Financial aid amounts:

Lump sum aids:

a) Unemployment insurance contribution period of less than 12 months: 1.800.000 VND/person.

b) Unemployment insurance contribution period between 12 months and less than 60 months: 2.100.000 VND/person.

c) Unemployment insurance contribution period between 60 months and less than 84 months: 2.400.000 VND/person.

d) Unemployment insurance contribution period between 84 months and less than 108 months: 2.650.000 VND/person.

dd) Unemployment insurance contribution period between 108 months and less than 132 months: 2.900.000 VND/person.

e) Unemployment insurance contribution period of at least 132 months: 3.300.000 VND/person.

As regulations above, if you are eligible for the above support and you have paid unemployment insurance premiums for 7 months from January 30, 2021 to August 30, 2021, you will be supported once in cash with 1,800,000 VND.

Best regards!