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Social insurance
Propose income that is not subject to social insurance
Vietnam Social Security proposes to add amounts that are not subject to social insurance contributions to facilitate the implementation of the Social Insurance Law 2024.
The highest pension in the country is 60 times higher than the basic salary.
The person with the highest pension in the country currently receives more than 140 million VND per month, which is nearly 60 times higher than the person receiving the basic salary of 2.34 million VND per month.
Nearly 1.3 million workers withdraw social insurance at once, nearly 50% return to continue paying
Workers who withdraw their social insurance (SI) at one time are mostly young, have low salaries, and face economic difficulties, so they accept "short-term benefits but long-term losses".
In case of early retirement, still receive 75% salary
Particularly arduous, toxic, and dangerous occupations may be eligible for early retirement benefits without a reduction in pension.
3 cases of pension suspension under the new Social Insurance Law
The new Law on Social Insurance (SI), effective from July 1, 2025, stipulates cases where pension payments may be suspended, including illegal exit, being declared missing, and failure to verify personal information.
More options for workers to receive higher pensions
Workers have the option to participate in supplementary pension insurance to receive a higher pension when they retire.
Female workers giving birth receive increased maternity benefits
Vietnam Social Security (VSS) said that the one-time allowance after giving birth applied from July 1, 2024 is 4,680,000 VND, an increase of 1,080,000 VND compared to before.
Unemployment insurance fund has 59,300 billion VND, ensuring support for unemployed workers
The Ministry of Labor, War Invalids and Social Affairs said that the Unemployment Insurance Fund balance by the end of 2023 is VND59,300 billion, with annual subsidies of about VND10,000 billion. The surplus fund is the basis for implementing policies to support workers.
Change in the way public sector pensions are calculated from January 1, 2025
The Law on Social Insurance (SI) 2024 stipulates that employees working in the state sector participating in SI from January 1, 2025 will receive pensions based on the salary of the entire period of SI contribution.
Forged text of Vietnam Social Security about updating VssID 4.0
Vietnam Social Security (VSS) warns about forgery of industry documents requesting new updates to the VssID 4.0 application.
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