Vietnam Social Insurance issued document No. 2533/BHXH-BT dated August 10th ,2020 to the Social Insurance of the province, central-affiliated city for guiding on continuing the temporary suspension of contribution to the pension fund and death benefit fund, details are as follows:
- The entities, conditions and term for the temporary suspension of contribution to the pension fund and death benefit fund include:
- The employers with difficulties caused by Covid-19 epidemic have already suspended their contribution to the pension fund and death benefit fund and still being occupied by the above difficulties, they will be allowed to continue the suspension of contribution to the pension fund and death benefit fund, this suspension will not exceed over December 2020.
- The employers with difficulties caused by Covid-19 epidemic have met the conditions to suspend their contribution to the pension fund and death benefit fund (on the first time) in accordance with the guidance in Official Letter No. 1511/LDTBXH-BHXH issued by Ministry of Labor, War Invalid And Social Affairs and Vietnam Social Insurance’s other previous guidance documents, the term for the temporary suspensions of contribution to the pension fund and death benefit fund will not exceed December 2020.
- The authority, dossier and implementation procedures are stipulated and guided by Official Letter No. 1511/LDTBXH-BHXH issued by the Ministry of Labor, War Invalid and Social Affairs.
The Social Insurance of the province, the central-affiliated city will report to the People’s Committee of the province, the central-affiliated city and the People’s Committee of the province, the central-affiliated city shall direct the relevant Departments, agencies to coordinates with the Social Insurance agencies to guide enterprises this policy implementation as regulated.
