Vietnam's Social Insurance Policy

Changes in Social Insurance and Healthcare

• The maximum unemployment benefit will increase to 11.7 million VND.
• The annual healthcare insurance premium for household members will increase to 1,263,600 VND.
• The base salary will increase by 30% to 2,340,000 VND per month from July 1st.

Calculation of Insurance Premiums

• The compulsory social insurance premium is 10.5% of the monthly salary, based on the new base salary.
• 8% goes to the Retirement and Death Benefits Fund, 1.5% to the Health Insurance Fund, and 1% to the Unemployment Insurance Fund.
• The maximum premium contribution is 20 times the base salary, which will be 46,800,000 VND from July 1st.

Retirement Benefits

• The minimum retirement pension for those who have contributed to social insurance for 20 years will be equal to the base salary, which will increase to 2,340,000 VND.
• The draft law is proposing to apply this policy to those who participate in social insurance before July 1, 2025.

Trade Union Fees

• The monthly trade union fee is 1% of the salary, with a maximum fee of 234,000 VND.
• The fee was previously 180,000 VND.

Health Insurance Premiums

• The health insurance premium is 4.5% of the base salary or pension.
• The premium for the first member in a household is 105,300 VND per month.
• The premiums for subsequent members in the household are 70%, 60%, 50%, and 40% of the first member's premium, respectively.

Other Benefits

• The one-time maternity benefit will increase from 3,600,000 VND to 4,680,000 VND.
• The funeral allowance will increase from 18,000,000 VND to 23,400,000 VND.
• The monthly survivor allowance will increase from 900,000 VND to 1,170,000 VND.
• The monthly social assistance allowance will increase from 360,000 VND to 500,000 VND.

This quiz covers the changes in Vietnam's social insurance policy, including the maximum unemployment benefits, health insurance premiums, and other benefits. The quiz also explores the impact of the increase in the base salary on these benefits.