(Chinhphu.vn) - Each option has its own advantages and disadvantages, but all aim to support and encourage employees in Vietnam to reserve their participation period to enjoy pension benefits instead of receiving social insurance (SI) in a lump sum.
On May 9, 2024, the Government of Vietnam issued Resolution 68/NQ-CP on the Action Program of the Government of Vietnam for implementing Resolution 42-NQ/TW of 2023 on continuing to innovate and improve the quality of social policies to meet the requirements of the cause of building and defending the Fatherland in the new period.
Decision 222/QD-BHXH on the announcement of replaced and abolished administrative procedures under the jurisdiction of Vietnam Social Insurance, effective from February 25, 2021, stipulates guidelines for procedures for enjoying lump-sum social insurance from the effective date of this Decision.
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