Completing the procedures for verification of duration of participation in social insurance is considered the responsibility of the enterprise when the employee leaves the job. So what are penalties for failing to complete the procedures for verification of duration of participation in social insurance for employees in Vietnam?
Interest rate for late payment of social insurance and health insurance premiums in 2022 in HCM city, Vietnam is specified in Notice 230/TB-BHXH date January 17, 2022 on the adjustment of interest rates for calculating late payment interest, post-payment of social insurance, health insurance, and unemployment insurance issued by Ho Chi Minh City Social Insurance.
Sickness regime is a benefit that employees participating in social insurance enjoy when an unwanted illness or accident occurs. So when are employees entitled to sickness benefits in Vietnam?
In many cases, employees after quitting their jobs contact the old company to finalize the social insurance books, but the company does not or prolongs the time. So what are penalties for company for not finalizing the social insurance book in Vietnam?
Enterprises must pay social insurance for employees eligible to participate in social insurance. So what are penalties for shirking social insurance premiums in Vietnam?
Hanoi Social Security issued Dispatch 2588/BHXH-QLT on the minimum wage serving as a basis for social insurance, health insurance, unemployment insurance, occupational accident and occupational disease insurance premiums in Vietnam from July 1, 2022.
From July 1, 2022, the rate of social insurance premiums to the Fund for occupational accidents and diseases will be adjusted from 0% to 0.5% in Vietnam.
Employers who fail to follow with regulations on paying insurance for employees will be administratively fined. Below is a summary of the fines for violations of insurance payment for employers in Vietnam
The rate of compulsory social insurance contribution in Vietnam shall be based on the rate of contribution or salary calculated for social insurance contribution. The increase in the regional minimum wage from July 1, 2022 will have an impact on the salary of the monthly compulsory social insurance contribution.
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Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
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