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social insurance contribution rate
Updated news related to social insurance contribution rates
Many new policies on wages and labor will take effect in March 2022
From March 2022, many Circulars related to labor and salary policies officially take effect, namely: New instructions on payment of occupational accident and disease benefits; Specific regulations on calculating accident frequency to reduce social insurance contributions; Elderly commune officials who have retired will receive a subsidy of up to VND 2,473,000/month; Requirement to collect more information on the labor market...
News
How does increasing regional minimum wage affect social insurance contributions?
The monthly salary stated in the labor contract is the basis for paying insurance premiums. Therefore, increasing the regional minimum wage will cause social insurance premiums to increase accordingly.
From June 1, 2017, compulsory social insurance contribution rates for employers will be reduced.
The Government has just issued a Decree regulating the compulsory social insurance contribution rate to the Occupational Accident and Disease Insurance Fund.
[Infographics]-Voluntary social insurance contribution rates
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Increasing social insurance premiums: Why are people afraid of the benefits?
Even a small increase in social insurance contributions makes the already frugal meals even more difficult.
From 1/1/2012, social insurance contribution rates change
From January 1, 2012, the Social Insurance (SI) contribution rate will be 24% of the monthly salary and wages of employees, an increase of 2% compared to the current rate. Of which, employers will pay 17% and employees will pay 7% of SI.
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