Headlines 07/11/2018 10:45 SA

The newest SI, UI, HI or OA&DI contribution rates released in detail

Thanh Hữu

As prescribed by regulations currently in force, rates of payment of social insurance, unemployment insurance, health insurance, occupational accident and disease insurance contributions are determined as follows:

1. Vietnamese employees:

- The employer makes 14% of contribution payment into the retirement and death insurance benefit fund; 3% into the sickness, pregnancy and maternity insurance fund; 0.5% into the occupational accident and disease insurance fund; 1% into the unemployment insurance fund; 3% into the health insurance fund;  

This means that total contribution rate is 21.5%.

- The employee makes 8% of contribution payment into the retirement and death insurance benefit fund; 1% into the unemployment fund; 1.5% into the health insurance fund;

This means that total contribution rate is 10.5%.

2. Foreign employees:

- The employer makes 14% of contribution payment into the retirement and death insurance benefit fund (valid as from January 1, 2022); 3% into the sickness, pregnancy and maternity insurance fund (valid as from December 1, 2018); 0.5% into the occupational accident and disease insurance fund (valid as from December 1, 2018); 3% into the health insurance fund;  

Hence, total contribution rate is 20.5%, valid as from January 1, 2022.

- The employee makes 8% of contribution payment into the retirement and death insurance benefit fund (valid as from January 1, 2022); 1.5% into the health insurance fund;

Hence, total contribution rate is 9.5%, valid as from January 1, 2022.

>> CLICK HERE TO READ THE ARTICLE IN VIETNAMESE

Address: 17 Nguyen Gia Thieu street, Ward 6, District 3, Ho Chi Minh City, Vietnam.
Phone: (+84)28 3930 3279 (06 lines)
Email: info@ThuVienPhapLuat.vn

Copyright© 2011 by THƯ VIỆN PHÁP LUẬT
Editorial Director: Mr. Bui Tuong Vu

DMCA.com Protection Status