Not way back, the Authorities issued Decision No. 116 on insurance policies to help staff and employers on help insurance policies for workers and employers affected by the pandemic. Covid-19 from the Unemployment Insurance coverage Fund (UI). Accordingly, Vietnam Social Insurance coverage is without doubt one of the models that coordinate with the Ministry of Labour, Invalids and Social Affairs to instantly manage the implementation of those help insurance policies.
Based on Mr. Le Hung Son answered in Thanh Nien newspaper, the present beneficiaries on this coverage will likely be about 13 million staff and 386,000 employers.
4 topics not entitled to this coverage from the Unemployment Insurance coverage Fund are: Workers working in state companies, armed forces, political organizations, socio-political organizations; staff who’re working at public non-business models whose recurrent expenditures are assured by the State funds in accordance with the provisions of Decree 60/2021/ND-CP; the worker has stopped taking part in unemployment insurance coverage as a result of termination of the labor contract or the working contract between January 1, 2020 and the top of September 30, 2021.
Concerning the procedures, the Vietnam Social Insurance coverage stated that for 386,000 employers, the contribution will likely be decreased from 1% to 0% to the Unemployment Insurance coverage Fund (UI) for a interval of 12 months. from October 1, 2021 to September 30, 2022) there will likely be no administrative procedures.
For workers taking part in social insurance coverage who’re entitled to those insurance policies, the social insurance coverage facet will base on current info expertise (IT) information to determine beneficiaries of the help package deal by identification quantity. take part in unemployment insurance coverage and decide the time to take part in unemployment insurance coverage.
Based on statistics as of October 2, there are 3,570 staff (staff) receiving help funds with a complete quantity of greater than 10.3 billion VND.
Vietnam Social Insurance coverage stated that it’ll attempt to finish the coverage of supporting discount of fund contributions for companies and staff with financial institution accounts by October 5, 2021.