Labor Contract from 01 to 03 Months: Which Contributions Are Mandatory?

09:41, 11/07/2024

According to the provisions of the Law on Social Insurance 2014 and Decision 595/QD-BHXH, from January 01, 2018, individuals working under a contract with a duration of from 1 month to under 3 months are also required to participate in and contribute to the social insurance funds, specifically:

Based on Article 13 and Article 17 of Decision 595/QD-BHXH, labor contracts from 01 month to under 03 months are not subject to contributions to the Health Insurance Fund and Unemployment Insurance Fund.

However, under the provisions of Decision 595/QD-BHXH, employees working under labor contracts with a duration of 01 month to under 03 months are required to participate in the Retirement, Sickness, and Maternity Fund, as well as the Occupational Accident and Occupational Disease Insurance Fund.

Thus, currently, labor contracts from 01 month to under 03 months must contribute to the following funds:

- Social Insurance Fund (including retirement, sickness, maternity): Employers contribute 17% and employees contribute 8% of the salary used for social insurance calculation;- Occupational Accident and Occupational Disease Insurance Fund: Employers contribute 0.5% of the salary used for social insurance calculation of the employee.

Legal Basis:

- Social Insurance Law 2014;- Decision 595/QD-BHXH.

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