Insurance IN HANOI, VIETNAM

Contributions and non-contributions for social insurance in Vietnam in 2017 and 2018

08:29, 11/07/2024

From January 1, 2018, onwards, there are certain changes regarding Social Insurance (SI), Health Insurance (HI), and Unemployment Insurance (UI) compared to the current provisions. Among these changes are regulations concerning the components accounted for and not accounted for in Social Insurance contributions.

LATEST EXCEL FILE ON SOCIAL INSURANCE AND HEALTH INSURANCE CONTRIBUTIONS

Monthly salary for compulsory social insurance contributions shall follow the regulations stipulated in Article 30 of Circular 59/2015/TT-BLDTBXH. The contributions and non-contributions for social insurance in Vietnam in 2017 and 2018 are as follows:

	Year 2017	Year 2018
Contributions for social insurance	- Salary	- Salary
	- Salary allowances are allowances to compensate for factors such as working conditions, job complexity, living conditions, and level of labor attraction not fully considered in the agreed salary in the labor contract, such as: Position and title allowance; Responsibility allowance; Allowance for heavy, hazardous, and dangerous jobs; Seniority allowance; Regional allowance; Mobility allowance; Attraction allowance; Other similar allowances.	- Salary allowances are allowances to compensate for factors such as working conditions, job complexity, living conditions, and level of labor attraction not fully considered in the agreed salary in the labor contract, such as: Position and title allowance; Responsibility allowance; Allowance for heavy, hazardous, and dangerous jobs; Seniority allowance; Regional allowance; Mobility allowance; Attraction allowance; Other similar allowances.
		- Other supplementary payments as stipulated in Point a, Clause 3, Article 4 of Circular 47/2015/TT-BLDTBXH: supplementary payments identifying a specific amount along with the agreed salary in the labor contract and paid regularly each payment period.
Non-contributions for social insurance	- Welfare and incentive items Bonuses as stipulated in Article 103 of Labor Code 2012, innovation bonuses; meals during shifts; Support for transportation, phone bills, travel, housing, childcare, and raising children; Support for employees' relatives in the event of death, marriage, employees' birthdays, assistance for employees facing difficulties due to work accidents or occupational diseases; Other support and allowances.	- Welfare and incentive items Bonuses as stipulated in Article 103 of Labor Code 2012, innovation bonuses. Meals during shifts; Support for transportation, phone bills, travel, housing, childcare, and raising children; Support for employees' relatives in the event of death, marriage, employees' birthdays, assistance for employees facing difficulties due to work accidents or occupational diseases; Other support and allowances.

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- This translation is generated by OpenAI's GPT-4o model;
- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
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