No Inspection on Social Insurance During the Temporary Suspension of Contributions Due to Covid-19

Vietnam Social Security has recently issued Official Dispatch No. 860/BHXH-BT regarding the suspension of contributions to the retirement and survivorship fund for individuals affected by the Covid-19 pandemic.

General Director of Vietnam Social Security requests provincial and city social insurance agencies:

- To receive and promptly resolve applications for suspension of contributions to the retirement and survivorship fund until June 2020 upon receiving applications from enterprises, and not to charge interest as per regulations;- During the period of suspension of contributions to the retirement and survivorship fund, not to conduct specialized inspection of the contributions or legal compliance regarding social insurance, health insurance, unemployment insurance with enterprises affected by the Covid-19 pandemic if the enterprises show no signs of violation;- Monthly, to urge enterprises to make full and prompt contributions to the sickness and maternity fund, occupational accident and disease fund, health insurance fund, and unemployment insurance fund;- Upon the conclusion of the suspension period (end of June 2020), promptly notify and urge enterprises to fully pay into the sickness and maternity fund, occupational accident and disease fund, retirement and survivorship fund, including making up for the contributions to the retirement and survivorship fund for the suspension period;- ...

For details, please see Official Dispatch 860/BHXH-BT issued on March 17, 2020.

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