Saturday, March 22, 2025

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withdraw social insurance

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Nearly 1.1 million people withdraw social insurance at once

According to Vietnam Social Security, in 2024, nearly 1.1 million workers will withdraw social insurance at once, down 1.6% compared to 2023.

The rate of workers in Hai Duong participating in social insurance is higher than the national average.

The rate of social insurance participants in Hai Duong is about 53% of the working-age population, higher than the national average.
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".

Fidgeting to withdraw social insurance at once because of information on amending the Law on Social Insurance B

Fear of not working enough to reach retirement age, declining health and conflicting information have led to many workers and laborers withdrawing their social insurance at one time.