Workers need to consider carefully when deciding to receive social insurance at one time.

PV• April 15, 2020 10:15

(Baonghean.vn) - At this time, with the Covid-19 epidemic becoming increasingly complicated, a number of workers have chosen to receive one-time social insurance benefits. This directly affects the immediate and long-term benefits of workers.

In recent times, the entire Social Insurance system has carried out many communication activities to employees about the meaning and benefits of Social Insurance policies with pension, sickness, maternity, work accident - occupational disease regimes; promoting communication so that employees do not choose to receive Social Insurance in one lump sum. However, at this time, in the face of the increasingly complicated Covid-19 epidemic, a number of employees have chosen to receive Social Insurance in one lump sum. This directly affects the immediate and long-term rights of employees.

Directly disseminating and consulting on social insurance and health insurance policies for small traders in markets in the city: Photo courtesy of Phan Lien

A large part of the reason for the above situation is that some workers have difficulty finding jobs again during the Covid-19 pandemic, they want to have some immediate expenses to cover their living expenses. In addition, a part of workers still have the concept of "young people rely on their fathers, old people rely on their children", have not formed the habit of ensuring their own security when they retire, paying social insurance so that when they reach retirement age, they can have a pension, be proactive in their lives, and not depend on their children.

The fact that workers are leaving the social insurance system is a worrying reality, not only directly affecting the rights of workers, but also affecting the Government's goals, efforts and determination to implement social security for all people, leaving no one behind. Because, receiving social insurance at one time can only solve immediate economic needs, but in the long run, it will be very disadvantageous for workers when they reach retirement age.

Resolving policies for people at Vinh City Social Insurance. Photo courtesy of My Ha

When choosing to receive one-time social insurance benefits, the employee's benefits will be more limited than when receiving a pension, for example:

The first,If you receive social insurance once, and then re-join social insurance later, the social insurance payment period will not be added together, but will be counted as a new social insurance payment period. Thus, the employee loses the opportunity to receive a pension, has no income to ensure life when he/she reaches retirement age, or if he/she still has enough time to receive a pension when he/she retires, because the social insurance payment period is short, the pension amount will be low, losing the financial source to support and stabilize his/her life in the long term when his/her ability to work decreases or he/she reaches retirement age.

Monday,During the entire period of receiving pension (the age when each person is most susceptible to health problems), the employee is paid by the Social Insurance Fund to issue a free health insurance card (retirees with pensions do not have to buy health insurance cards themselves) and enjoy health insurance benefits. When the pensioner unfortunately passes away, the person in charge of the funeral will receive a one-time funeral allowance equal to 10 times the basic salary in the month the pensioner died and relatives will receive a monthly or one-time death benefit.

Tuesday,The amount of money paid into the Social Insurance Fund is a valuable savings of oneself, it is not lost but on the contrary, it is still managed and invested by the Social Insurance agency for growth. Participants can reserve the time of paying Social Insurance so that when conditions permit, they can continue to participate in compulsory Social Insurance or participate in voluntary Social Insurance with the support of the State. During the reservation period, if unfortunately they die, their family will receive funeral allowance, and their relatives will receive death benefits according to regulations.

Instructions for people to participate in social insurance at Cua Lo Social Insurance. Photo courtesy of Duc Anh

Wednesday,Receiving social insurance at one time means accepting a huge disadvantage when with 22% of monthly salary contributed to the pension and death fund, the total contribution for one year is 2.64 months of salary. Meanwhile, the one-time social insurance benefit for each year of social insurance payment is only equal to 1.5 months of the average monthly salary for social insurance payment for the years before 2014 and 02 months of the average monthly salary for social insurance payment for the years from 2014 onwards.

Thursday,Social insurance participants who have received pensions will have their pensions adjusted periodically according to the consumer price index and economic growth.

Thus, when workers receive social insurance in one lump sum, they will be disadvantaged when they have spent all their pension money before reaching retirement age. When they are old and cannot enjoy pension, they have to depend on their children, grandchildren and society; if they are unlucky enough to get sick and do not have a health insurance card, they will also face the risk of not being able to pay for medical examination and treatment after just one illness and a long hospital stay, thus facing poverty, exhaustion, becoming a burden to their family and society.

Therefore, considering and choosing to receive one-time social insurance is extremely important for every worker. Do not miss the opportunity to receive a pension to cover your living expenses, as well as enjoy health insurance to take care of your health when you are old because of immediate benefits.

Provincial Social Insurance officers conduct propaganda on social insurance and voluntary insurance for people in Hung Dung ward, Vinh city. Photo courtesy of Thanh Chung

During this time, if unfortunately unemployed, workers should register to receive unemployment benefits, vocational training benefits; register to receive support from the Government's Social Security Package. After the difficult period caused by the Covid-19 epidemic passes, the economy continues to operate, workers have the opportunity to return to the labor market, continue to pay social insurance to add up the time to calculate pension benefits later.

Benefits that employees enjoy under the unemployment insurance regime: Unemployment benefits equal to 60% of the average monthly salary for unemployment insurance contributions of the 6 consecutive months before unemployment, not exceeding 5 times the basic salary or 5 times the regional minimum wage; Health insurance benefits according to regulations for health insurance examination and treatment when unfortunately sick; Vocational training support (maximum 1 million VND/person/month); Free support, consultation, and job referrals; Training, fostering, and improving vocational skills.

Nghe An Provincial Social Insurance organized a mobile propaganda parade on social insurance and health insurance policies. Photo courtesy of Thanh Chung