Vietnam: Amendment to regulations on the establishment of a one-time payment list for social insurance benefits and allowances

Amendment to regulations on the establishment of a one-time payment list for social insurance benefits and allowances

Decision 686/QD-BHXH dated May 29, 2024 amends point 2.1 clause 2 Article 7 of Decision 166/QD-BHXH dated January 31, 2019 (as amended and supplemented in Decision 3503/QD-BHXH dated November 18, 2022) concerning the establishment of a one-time payment list for social insurance benefits and allowances as follows:

- Responsibility of the Social Insurance Benefits Department

Each day, based on the data resolving the entitlement to one-time social insurance benefits; Notifications of transfer of one-time work injury and occupational disease benefits, one-time survivor benefits; decisions by competent state authorities on the deduction of social insurance, compile List C97-HD according to the classification with the following forms: payment via personal accounts, direct cash payment, seek approval from the leader, and forward it to the Finance and Accounting Department.

- Responsibility of the Social Insurance Benefits Division

• Each day, based on the data resolving the entitlement to one-time social insurance benefits; Notifications of transfer of one-time work injury and occupational disease benefits, one-time survivor benefits; decisions by competent state authorities on the deduction of social insurance, compile List C97-HD according to the classification with the following forms: payment via personal accounts, direct cash payment, seek approval from the leader, and forward it to the Finance and Accounting Division.

• Each month, based on the data resolving the entitlement to lump-sum benefits associated with monthly social insurance benefits that beneficiaries have registered to receive via personal accounts, compile List C97-HD at the same time as compiling the pension and monthly social insurance payment list (C72a-HD), seek approval from the leader, and forward it to the Finance and Accounting Division for payment or forward it to the designated Finance and Accounting Department as per the classification.

Decision 686/QD-BHXH takes effect from June 1, 2024; Clause 7, sub-clause 3.1.2 point 3.1 clause 12, clause 21, clause 22 Article 1 are to be implemented when Vietnam Social Insurance provides guidance for the deployment of the software.

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