New guidelines on social insurance, unemployment insurance and occupational accidents mode

22/03/2016 Newest VBP

On February 17, 2016, Vietnam Social Insurance has issued Official Letter 489/BHXH–BT, guiding some contents on the collection of Social Insurance (SI), Health Insurance (HI), Unemployment Insurance (UI) and the settlement of Social Insurance. Whereby:

  • The social insurance, health insurance, unemployment insurance from January 01, 2016 under the regime wages by employers who decided to be guided as follows:

         o Lowest wage is equivalent to the minimum wage in the region (stipulated in Decree 122/2015/ND-CP) towards monthly wage for social insurance, unemployment insurance.

         o Highest in 20 times the base wage for social insurance, health insurance and highest at 20 times the minimum wage for UI contribution.

  • Mode labor accidents and occupational diseases (from January 01, 2016 to end on June 30, 2016): Follow the regulations of the Social Insurance Law 2014 and guiding documents before January 01, 2016.
  • For re-assessment procedures decrease working capacity after injury, disease recurrence: Put ingredients referral records of Social Insurance Authorities.