Over 3 million labourers in HCM City subjected to unemployment insurance allowances
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.
Hanoi (VNA) – Nearly 3 million labourers in HoChi Minh City will benefit from the unemployment insurance fund with totalallowances of about 6 trillion VND (263.92 million USD), according to Phan VanMen, Director of the city Social Insurance agency.
They include employees of 84,000 businesses and those with unemploymentinsurance premium payment period reserved.
Men said that due to COVID-19, HCM City has the numberhighest of unemployed labourers and labourers on unpaid leave in the country.
Along with reducing employees’ unemployment insurancepremium from 1 percent of their wage funds to zero percent, the city ispromptly implementing a 1.9 trillion VND (83.56 million USD) package to support pandemic-hit enterprises, he said.
On October 1, the Government issued Decision No. 28/QD-TTg providingregulations on the implementation of support policies for employees and employersimpacted by the COVID-19 pandemic, using the unemployment insurance fund.
Accordingly, different levels of allowances from 1.8 million VND (79 USD) to3.3 million VND (144.8 USD) will be given to each labourer depending on thetime they has paid unemployment premiums.
On September 30, the National Assembly also issued a resolution on theprovision of allowances to employees and employers affected by COVID-19 usingthe unemployment insurance fund.
Under the resolution, about 30 trillion VND (1.31 billion USD) from the fundwill be used to support labourers who are covered by unemployment insurance asof September 30, 2021, excluding employees in State agencies, socio-politicalorganisations, people’s armed forces and public non-business agencies who arepaid by the State budget.
Labourers who have stopped paying unemployment insurance due to the terminationof their labour contracts or working contracts between January 1, 2020 andSeptember 30, 2021, and have unemployment insurance premium payment periodreserved in accordance with the employment law, are also eligible for thesupport, excluding retirees who receive monthly pensions. The support will bedelivered from October 1 and scheduled to complete on December 31 at thelatest.
The resolution clarifies that employers, excepting State agencies,socio-political organisations, people’s armed forces and public non-businessagencies funded by State budget, who are joining unemploymentinsurance before October 1, 2021, will have their premiums reduced from 1percent of their wage funds to zero percent for a duration of 12 months fromOctober 1./.
National Assembly (NA) Chairman Vuong Dinh Hue has signed a resolution on the provision of support to labourers and employers affected by COVID-19 using the unemployment insurance fund.
The Government has issued a resolution on support for pandemic-hit workers and employers, and the aid will be sourced from the unemployment insurance fund.
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.
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