Question: Who are subjects of application and what are adjustment rates of pensions, social insurance and monthly allowances as stipulated in Decree 44? Answer: Decree 44 provides for an increase of 7.19% in the pension, social insurance and monthly allowances of June 2019 with respect to the following 8 subjects: (1) Officers, public servants, workers, officials and employees , soldiers, public security forces and people of secret service task force enjoying monthly pensions; (2) Officers of communes, wards and towns; (3) People who are enjoying monthly disability allowances as prescribed by law; (4) Officers of communes, wards and towns enjoying monthly allowances; (5) Soldiers enjoying monthly allowances; (6) Public security officers enjoying monthly allowances; (7) Public security forces people of secret service task force enjoying the same salaries with soldiers and public security forces enjoying monthly allowances; (8) People enjoying … [Read more...] about Adjustments of pensions, social insurance and monthly allowances
Social insurance and allied services
Hà Nội strives to give social insurance to all workers
Nguyễn Đức Hòa, director of Hà Nội Social Insurance, talks to Hà Nội Mới (New Hà Nội) newspaper about the project to provide social insurance for all workers Why did the Hà Nội People’s Committee approve the project “Developing the number of people having social insurance and unemployment insurance in the period 2019-21 in Hà Nội”? Social insurance and unemployment insurance are important parts of the social welfare system, so they receive attention from the State and the Party via a number of resolutions and laws. In recent years, social and unemployment insurance in Hà Nội have helped stabilise people's lives and provide social equality. However, coverage of these two programmes is still low. Last year, more than 1.64 million people joined social insurance, making up 35.2 per cent of all workers in the city. More than 1.5 million … [Read more...] about Hà Nội strives to give social insurance to all workers
Nearly 52,000 foreign workers participate in social insurance in Vietnam
Nearly 52,000 foreign workers from over 8,700 units have joined social insurance in Vietnam after just three months of compulsory social insurance collection for this group of labourers. Nearly 52,000 foreign workers have participated in Vietnam’s social insurance since December last year. (Photo for illustration) According to the latest data from the Vietnam Social Security, the total social insurance premium of this group reached over VND100 billion. Currently, there are more than 80,000 foreign labourers working in Vietnam. Among them, most have been granted work permits. After more than three months of implementing Decree No. 143/2018/NĐ-CP, detailing the Law on Social Insurance and the Law on Safety and Occupational Health on compulsory social insurance for foreign workers in Vietnam, over 64% of workers in the group have participated in compulsory social insurance, bringing in initial positive results. In the following months, the local social insurance agencies … [Read more...] about Nearly 52,000 foreign workers participate in social insurance in Vietnam
Nearly 52,000 foreign workers participate in social insurance
According to the latest data from the Vietnam Social Security, the total social insurance premium of this group reached over VND100 billion. Currently, there are more than 80,000 foreign labourers working in Vietnam. Among them, most have been granted work permits. After more than three months of implementing Decree No. 143/2018/NĐ-CP, detailing the Law on Social Insurance and the Law on Safety and Occupational Health on compulsory social insurance for foreign workers in Vietnam, over 64% of workers in the group have participated in compulsory social insurance, bringing in initial positive results. In the following months, the local social insurance agencies have been urged to actively coordinate with the State management agencies on labour to capture the number of foreign workers subjected to compulsory social insurance, while instructing enterprises using foreign labour to perform their duty. According to Decree No. 143/2018/NĐ-CP, from December 1, 2018, workers who are … [Read more...] about Nearly 52,000 foreign workers participate in social insurance
Compulsory social insurance for foreign employers
Question: What are major regulations in the regimes of compulsory social insurance, applicable regulations on compulsory social insurance, contribution rate? Answer: Foreign employees who work in Viet Nam and are subject to compulsory social insurance must participate in all the regimes of compulsory social insurance Foreigners who work in Viet Nam and satisfy the following two conditions must participate in the regimes of compulsory social insurance, including those regarding illness, maternity, labor accident and occupational disease, retirement and death: - Possession of work permits, practicing certificates or practicing licenses issued by competent Vietnamese agencies; and - Possession of indefinite-term labor contracts or definite-term labor contracts of at least full 1 year with Vietnamese employers. Foreign employees are not required to participate in compulsory social insurance when they are seconded internally or have reached the age of retirement as … [Read more...] about Compulsory social insurance for foreign employers