Proposal for employees to withdraw social insurance at one time after 3 months of leave
Considering that it is inappropriate for employees to wait a year after leaving their jobs to withdraw their social insurance at one time, the Vietnam General Confederation of Labor proposed to shorten the period to 3 months.
Social insurance book collection situation arises
In the latest draft of the revised Social Insurance Law, the Ministry of Labor, War Invalids and Social Affairs continues to maintain the regulations on the time to receive one-time social insurance. Specifically, employees who are not subject to compulsory social insurance or do not participate in voluntary social insurance after 12 months will be eligible to receive one-time social insurance.
However, in a recent comment, the Vietnam General Confederation of Labor said that the regulation that one-time social insurance payments can only be received after one year should be removed. According to the Vietnam General Confederation of Labor, this regulation is not consistent with the purpose and nature of one-time social insurance.
One-time social insurance aims to flexibly meet the urgent needs of a group of workers who have lost their jobs and are still facing many difficulties in life, to ensure their livelihood. The recent situation of "selling social insurance books early" as well as black credit also stems from the regulation that one-time social insurance can only be withdrawn after one year of leaving work.
Therefore, according to the Vietnam General Confederation of Labor, it is appropriate to reduce the time requirement from one year to about three months.
 |
The Vietnam General Confederation of Labor believes that it should not be regulated that employees can only withdraw social insurance one time after 1 year of leaving work. Illustration photo: Inspectorate |
Vietnam Social Security also stated that the regulation on paying social insurance one time after one year of unemployment does not prevent the situation of receiving social insurance one time, on the contrary, having to wait for the situation of collecting social insurance books in the form of authorization to receive social insurance one time, affecting the rights of employees, causing social disorder when disputes arise. Therefore, Vietnam Social Security proposed to remove the above regulation.
The Ministry of Labor, Invalids and Social Affairs said that after synthesizing comments from agencies, ministries, branches, localities, businesses and people, the draft Law on Social Insurance will be completed and submitted to the Government for comments to be submitted to the National Assembly for the first discussion at the October 2023 session.
Regulations on receiving 50% of one-time social insurance loss for employees
Currently, the draft Social Insurance Law proposes two options for receiving Social Insurance at one time. Option 1 remains the same as current regulations; Option 2 receives a maximum of 50% of the total time contributed to the pension and death fund. The remaining time of Social Insurance contribution is reserved for employees to enjoy Social Insurance benefits when they reach retirement age.
Regarding option 2, the Vietnam General Confederation of Labor believes that it is necessary to carefully study and evaluate, because this adjustment is very sensitive.
According to the Vietnam General Confederation of Labor, the majority of workers still believe that this policy is disadvantageous to them, especially in the context of recent policies such as adjusting the retirement age, increasing the time to participate in social insurance to receive the maximum pension... the binding of receiving social insurance at a time may be disadvantageous to workers.
Increase sharing for low pensioners
Regarding the reduction of the number of years of social insurance contributions from 20 years to 15 years, the Vietnam General Confederation of Labor affirmed that the above amendment is consistent with the Party's viewpoint and guidelines on social insurance policy reform and in line with the aspirations of the majority of workers. The Vietnam General Confederation of Labor stated that the current law stipulates that 20 years of social insurance contributions is quite long, leading to participants not accumulating enough time to pay social insurance to receive pensions, many people are not patient enough to leave the social insurance system.
This is also one of the reasons why the number of people receiving one-time social insurance benefits is large and has tended to increase rapidly in recent times.
However, because the pension level of retirees is calculated based on the contribution period and the salary and income used as the basis for social insurance contributions, reducing the conditions on social insurance contribution period has resulted in more cases of retirement at low pension levels.
This is something that many workers are wondering about and suggesting increasing sharing for those with very low pensions.
According to the Vietnam General Confederation of Labor, receiving one-time social insurance benefits is a legitimate right of social insurance participants. However, the trend of workers receiving one-time social insurance benefits as in the recent period is very worrying.
This not only directly affects the rights of workers but also affects the socio-economic situation, goals, efforts and determination of the Party and State in implementing social security.
According to statistics from Vietnam Social Security, in the period 2016 - 2021, more than 4 million workers nationwide requested and were granted one-time social insurance benefits. Thus, on average, nearly 700,000 people receive one-time social insurance benefits each year, the number of people each year is always higher than the previous year, with an average annual growth rate of about 11.6%.
'Reduce years of social insurance payment to have more opportunities to receive pension'
16/12/2022
