Action Program for Implementing Resolution 28 on Social Insurance Reform

22:25, 11/07/2024

the Government of Vietnam has just issued Resolution 125/NQ-CP promulgating the Action Program of the Government of Vietnam implementing Resolution 28-NQ/TW on the reform of social insurance policies.

With the task of continuing to improve the legal system on labor, employment, social insurance, unemployment insurance, the agencies, ministries and central authorities must:

- Pilot the implementation of a short-term flexible voluntary social insurance package; issue policies when conditions are met;- Implement independent relative adjustment of pensions in correlation with the wages of those currently working;- Develop a roadmap for increasing the retirement age; amend regulations on wages suitable for determining the basis for social insurance contributions of the enterprise sector;- Amend and supplement the Law on Vietnamese Laborers Working Abroad under Contract;- Amend and supplement unemployment insurance policies, employment policies; amend and supplement the Law on Social Insurance;

For details, see Resolution 125/NQ-CP effective from October 8, 2018.

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