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Home Knowledge Center Professional Compliance Increase in the Social – Health Insurance premium implemented since Jan 2010
Increase in the Social – Health Insurance premium implemented since Jan 2010
Tuesday, 05 January 2010 09:23
Pursuant to Social insurance law; Health insurance law and documents guiding for implement of this laws (Decree 62/2009/ND-CP dated July 27, 2009; Circular September 2009 /TTLT-BYT-BTC on August 14, 2009, ...) from January 1, 2010, the rate of social insurance, health insurance, unemployment insurance contribution will be changed as following :

 

No. Contributor Social insurance (SI) Health insurance (HI) Unemployment insurance (UI) Total
1 Vietnamese employee 6% 1,5% 1% 8,5%
2 Employer contribute for Vietnamese employee 16% 3% 1% 20%
3 Foreigner employee 1,5% 1,5%
4 Employer contribute for foreigner employee 3% 3%

 

A base salary for contribution of social insurance, health insurance, unemployment insurance are not exceed 20 time of common minimum wage. Currently there are still apply the common minimum wage is 650,000 VND.

Minimum salary contribute the social insurance, health insurance, unemployment insurance must higher than the minimum wage stipulated in Decree 97&98/2009/ND-CP dated October 30, 2009 at least 7%

Reference Source: 1



Last Updated on Tuesday, 05 January 2010 09:35  
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