Headlines 16/08/2022 14:48 CH

New regulations of Vietnam on the continuation of support for workers from the Unemployment Insurance Fund

Thùy Trang

On August 11, 2022, the Standing Committee of the National Assembly of Vietnam approved Resolution No. 24/2022/UBTVQH15 on the continuation of payment for support for workers according to Resolution No. 03/2021/UBTVQH15 dated September 24, 2021.

According to Resolution No. 24/2022/UBTVQH15, a 1.155 billion VND surplus from the Unemployment Insurance Fund will be used until the end of 2021 for the continuation of payment for support for workers eligible to be beneficiaries according to Resolution No. 03/2021/UBTVQH15 who have timely applied for such support.

According to Resolution No. 03/2021/UBTVQH15, the beneficiaries of the support include:

- Workers who are participating in the unemployment insurance by September 30, 2021 (excluding workers working in state agencies, political organizations, socio-political organizations, people's armed forces, and public service providers with recurrent expenditures guaranteed by the state budget);

- Workers who have stopped their participation in the unemployment insurance as a result of the termination of employment contracts or working contracts from January 1, 2020 to September 30, 2021 with the period of contribution to the unemployment insurance retained according to regulations of laws on occupation, excluding beneficiaries of monthly retirement pensions.

The payment shall be completed by September 10, 2022.

See more details in Resolution 24/2022/UBTVQH15, which comes into force as of August 11, 2022.

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