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More than 200,000 people withdraw social insurance once

Nearly 209,000 workers choose to withdraw their social insurance once in the first three months of the year, according to statistics from Vietnam Social Security.

In which, Ho Chi Minh City alone has more than 37,000 people filing for a one-time subsidy, an increase of about 19% over the same period. Employees choose to withdraw the most insurance once in Thu Duc City, District 12, Binh Tan, Hoc Mon, Binh Chanh… making the insurance agency Overload.

By the end of March, 2022, employees withdrawing one-time social insurance nationwide increased by 1% over the same period last year. These old workers will not have a pension or a low level, no guarantee of life, and will not be granted a free health insurance card. “This is a worrying situation, directly affecting labor rights and welfare when Vietnam’s population is beginning to age,” said Vietnam Social Security.





Employees are tired because they have to wait in line from dawn to submit their one-time social insurance withdrawal documents at the Social Insurance Agency of Thu Duc City, Ho Chi Minh City, April 2022.  Photo: Dinh Van

Employees are tired because they have to wait in line from dawn to submit their one-time social insurance withdrawal documents at the Social Insurance Agency of Thu Duc City, Ho Chi Minh City, April 2022. Image: Dinh Van

Therefore, this agency recommends that employees who do not choose to withdraw one-time social insurance, should reserve the time to pay or participate in voluntary social insurance for the full number of missing years to enjoy pension, be issued a card. health insurance with 95% benefit when going to the doctor.

From 2016 to 2020, more than 3.7 million people choose to enjoy a one-time social insurance policy; nearly 750,000 people leave the system every year, accounting for over 5% of the total number of participants. One in two new people join the social insurance system and leave, and this trend shows no sign of stopping.

97% of people who choose to withdraw once are employees after a year of leave without paying social insurance. The withdrawals are mainly from the group of young workers outside the state sector, from 26 to 29 years old. This rate in women is 55.6%, in men is 44.4%.

According to current regulations, social insurance payers are entitled to a pension after 20 years of payment. Conditions for withdrawing one-time social insurance are quite easy such as participants of compulsory social insurance after one year of resignation, participants of voluntary social insurance after one year do not continue to pay but less than 20 years. close…

However, according to Resolution 28 of the Central Committee in 2018 on reforming social insurance policies, the minimum period of social insurance payment to enjoy pension can be reduced from 20 to 15, even 10 years, creating a conditions for early employees to enjoy pension. The Government will soon develop and submit to the National Assembly for promulgation the revised Law on Social Insurance and the Law on Employment to amend regulations under the Resolution of the Central Government.

Hong Chieu

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