Guidance on Calculating Delayed Payment Interest and Retrospective Collection of Social Insurance, Health Insurance, and Unemployment Insurance

- Calculation of interest for late payment of Mandatory Social Insurance (SI), Health Insurance (HI), Unemployment Insurance (UI) for units late in payment for 30 days or more, starting from the due date

The unit must pay interest calculated on the unpaid amount of mandatory SI, HI, UI.

- Cases of SI, HI, UI recovery include:

+ Units evading payments, not paying enough for the eligible employees, not paying the required amounts, appropriating the amounts of SI, HI, UI to be paid, detected from January 01, 2016.

Additionally, there will be a recovery of interest calculated on the amount, time of payment, and the late payment interest rate.

+ Employees (EEs) working abroad and after 06 months from the termination of the labor contract (LC) returning to the country will be subject to SI recovery for the period of working under the LC without SI contribution.

+ EEs with increased wages already subjected to SI, UI contributions and after 06 months from the wage adjustment, monthly allowances subjected to SI, UI contributions, the EEs will then execute the payment recovery.

The recovery amount includes the required SI, UI contributions as per regulations and recovery interest calculated on the required amount.

+ Other cases as stipulated by the competent state agency

The calculation of late payment interest, SI, HI, UI recovery, and voluntary SI collection have been implemented from January 01, 2016.

More details can be found in Official Dispatch 1379/BHXH-BT issued on April 20, 2016.

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