From June 15, 2018, individuals participating in voluntary social insurance for the first time or re-registering after a period of suspension in Vietnam will follow the procedures as guided in Decision 772/QD-BHXH (replacing the procedure B-BXH 250264-TT) on registration, re-registration, and adjustment of voluntary social insurance contributions.
From December 1, 2018, foreign employees working in Vietnam are subject to mandatory social insurance if they have a work permit or a practicing certificate or a practicing license issued by Vietnamese competent authorities, and have an indefinite-term employment contract or a definite-term employment contract of at least one year with an employer in Vietnam.
According to Circular 01/2016/TT-BLDTBXH guiding voluntary social insurance (VSI), the time of pension entitlement stipulated in Article 76 of the Law on Social Insurance and Clause 1 of Article 6 of Decree 134/2015/ND-CP is guided as follows:
According to the recent guidance of Ho Chi Minh City Social Insurance in Decision 262/QD-BHXH, individuals carrying out administrative procedures such as registration, selecting social insurance policy dossiers, social insurance disbursement, notarization, social insurance book, health insurance card, health insurance payments, etc., through the public service system shall follow the process diagram below:
According to regulations, enterprises that delay the compulsory payment of social insurance (SI), health insurance (HI), and unemployment insurance (UI) for 30 days or more must pay the interest calculated on the unpaid SI, HI, and UI amounts.
Since 2019, the regional minimum salary in Vietnam has been increased by VND 160,000 - 200,000 per month. Therefore, the minimum salary used to calculate social insurance contributions will also change.
Decision 636/QD-BHXH 2016 issued by Vietnam Social Security (VSS) stipulates the dossier and process for resolving the entitlement to social security policies. The application for entitlement to social security for some policies is as follows:
According to the State Budget Estimate Resolution for 2018 recently approved by the National Assembly of Vietnam, the statutory pay rate will be adjusted upward from VND 1.3 million to VND 1.39 million starting from July 1, 2018. Consequently, certain salary and allowance amounts will increase accordingly. To be specific:
Decision 595/QD-BHXH stipulates the management of the duration of social insurance, health insurance, and unemployment insurance contributions in certain cases in Vietnam:
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