On July 4, 2024, Vietnam Social Insurance issued Official Dispatch 2156/BHXH-TST on the collection of SI, HI, UI, and labor accident and occupational disease insurance based on the base salary of 2.34 million VND/month.
Accordingly, based on the provisions of law on Social Insurance (SI), Health Insurance (HI), Unemployment Insurance (UI), labor accident and occupational disease insurance, Decree 73/2024/ND-CP on base salary increase, Vietnam Social Insurance requires:
SI of provinces and centrally-run cities, SI of the Ministry of National Defense, and People's Public Security deploy the collection of SI, HI, UI, occupational accident and occupational disease insurance according to the new base salary (2, 34 million VND/month) from July 1, 2024 for the following 3 groups of subjects:
Group 1: Participants in SI, HI, UI, occupational accident and occupational disease insurance are subject to the salary regime prescribed by the State, SI participants have a salary as a basis for payment calculated according to the base salary.
Group 2: Voluntary SI participants choose the highest monthly income as a basis for paying voluntary SI, which is 46.8 million VND.
Group 3: HI participants calculate HI premiums based on base salary in the following groups: paid by the SI agency, paid by the state budget, supported by the state budget, participating in HI by household , paid by the employer
In addition, Vietnam Social Insurance assigned the Information Technology Center to promptly adjust and supplement revenue management software to meet management requirements and provide technical support to units under Vietnam Social Security and SI. Provinces and centrally-run cities, the Ministry of National Defense Social Insurance, and the People's Public Security shall implement it promptly in accordance with regulations.
