HCM City: Over 111,000 employees receive allowances from unemployment insurance fund
More than 111,000 employees in Ho Chi Minh City have benefited from the Government’s new support package sourced from the unemployment insurance fund, according to the city’s Social Insurance Agency.
HCM City (VNA) - More than 111,000 employees in Ho Chi Minh Cityhave benefited from the Government’s new support package sourced from theunemployment insurance fund, according to the city’s Social Insurance Agency.
Specifically, from October 1-15, the agency supported 4,512units and 111,127 employees, with a total amount of 235 billion VND (10.3million USD).
In addition, over 81.860 units with over 1.76 millionemployees in the city have their premiums reduced from 1 percent of their wagefunds to zero percent, with a total amount of 1.9 trillion VND.
On October 1, the Government issued Decision No. 28/QD-TTgproviding regulations on the implementation of support policies for employeesand employers impacted by the COVID-19 pandemic, using the unemploymentinsurance fund.
About 30 trillion VND (1.31 billion USD) from the fund willbe used to support labourers who are covered by unemployment insurance as ofSeptember 30, 2021, excluding employees in State agencies, socio-politicalorganisations, people’s armed forces and public non-business agencies who arepaid by the State budget.
Accordingly, different levels of allowances from 1.8 millionVND to 3.3 million VND will be given to each labourer depending on the timethey has paid unemployment premiums.
Employers, excepting State agencies, socio-politicalorganisations, people’s armed forces and public non-business agencies funded byState budget, who are joining unemployment insurance before October 1, 2021,will have their premiums reduced from 1 percent of their wage funds to zeropercent for a duration of 12 months from October 1./.
The Vietnam Social Security (VSS) will exert every effort to provide the fastest and most convenient support for pandemic-hit employees and employers who are beneficiaries from the Government’s new support package sourced from the unemployment insurance fund, VSS Deputy Director General Le Hung Son has said.
More than 1.48 million employees in 83,352 units in Hanoi will receive allowances from the unemployment insurance fund, according to Director of the city's Social Security Agency Nguyen Duc Hoa.
Nearly 3 million labourers in Ho Chi Minh City will benefit from the unemployment insurance fund with total allowances of about 6 trillion VND (263.92 million USD), according to Phan Van Men, Director of the city Social Insurance agency.
The Vietnam Social Security (VSS) has paid 371 billion VND (16.29 million USD) worth of unemployment insurance benefits to pandemic-hit labourers nationwide so far, the agency reported.
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Illustrative image (Source: VNA) 
