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- 16 / 12 / 2018 -
Increase the level of entitlement to compulsory social insurance for laborers

On 09/11/2018 the government issued Resolution No. 70/2018/QH14 on State budget estimates in 2019. This Resolution will take effect from 24/12/2018.
Accordingly, Resolution No. 70/2018/QH14 regulates on salary adjustment from 1.39 million per month to 1.49 million per month, adjusting the pension, social insurance benefits, monthly allowance as prescribed (objects guaranteed by the state budget) and preferential allowances for people with meritorious services to the revolution will be increased such as the base salary increase, timing of implementation from 01/07/2019.
At the same time from 01/07/2019, increase the level of entitlement to compulsory social insurance for laborers that are suited to the new base salary provided at Revolution No. 70/2018/QH14. The level of entitlement of social insurance against the employee is as follows:
 The level of entitlement of convalescence, health recovery after sick for a day by 447,000 VND (The current price is 417,000 dong).
 Female laborers give birth or laborers adopting of children under 6 months of age, one-time allowance for one child by 2,980,000 VND (the current price is 2.780.000 VND);
In the case of childbirth, only father participates in social insurance, the father is entitled to a one-time allowance of VND2,980,000 (current rate of VND2,780,000) for each child.
 The level of entitlement of convalescence, health recovery after treatment of injuries, disease a day by:
+ 372,500 VND (current price is 347,500 VND) if convalescence, health recovery at the family;
+ 596,000 VND (the current price is 556,000 VND) if convalescence, health recovery at the concentration
Thus, with increasing the basic salary under Resolution No. 70/2018/QH14, the regime compulsory social insurance scheme for workers is also improved, thereby improving the quality of work, improve the lives and ensure the legitimate rights of laborers.