Tư vấn tài chính

How much is the lowest voluntary social insurance premium after support?

According to Vietnam Social Security, Voluntary social insurance is an insurance policy in which participants can choose a payment level and payment method suitable to their income. Vietnamese citizens aged full 15 years or older and not in the group of people participating in compulsory social insurance are entitled to participate in voluntary social insurance.

It is estimated that by the end of April 2022, the whole country has nearly 1.5 million people participating in voluntary social insurance.

How much is the lowest voluntary social insurance premium after support?  - Photo 1.

The social insurance industry promptly receives and processes support documents for employees and employers

According to Vietnam Social Insurance, with a participation rate of only a few hundred thousand dong per month, when meeting the prescribed conditions, participants of voluntary social insurance will receive a monthly pension (many times higher than the contribution rate) contributing to the stability of the social insurance system. determine life in old age.

Not only that, participants of voluntary social insurance are also granted a free health insurance card during the period of receiving pension for health care.

According to the provisions of the Law on Social Insurance, the rate of payment of voluntary social insurance is 22% of the monthly income. In which, the monthly income as the basis for payment of voluntary social insurance is at least equal to the poverty line for rural areas (the current poverty line is 1,500,000 VND/person/month) and the maximum is 20 times. base salary (current base salary is 1,490,000 VND).

From January 1, 2022, the lowest voluntary social insurance payment is 330,000 VND/month (22% x 1,500,000 VND); The maximum rate of payment of voluntary social insurance is: 6,556,000 VND/month (22% x 29.8 million VND).

After receiving the payment support from the State, the payment rates of participants of voluntary social insurance are as follows:

How much is the lowest voluntary social insurance premium after support?  - Photo 2.

Voluntary social insurance contributions after receiving support from the State

There are many methods of paying voluntary social insurance including:

Periodic closing: monthly; every 3 months; every 6 months; every 12 months; every many years (no more than every 5 years).

– One-time payment: For missing years (no more than 10 years) to qualify for pension.

In order to participate in voluntary social insurance, self-employed workers can carry out registration procedures at the social insurance agency where they reside (either temporarily or permanently) or at agents collecting social insurance. Health insurance (People’s Committees of communes, wards, townships, post offices, mass organizations, …).

Participants of voluntary social insurance are entitled to a monthly pension when:

Full 20 years of paying social insurance premiums or more.

+ Having reached the prescribed retirement age, the retirement age from January 1, 2022 is as follows: full 60 years old for 6 months for men, after that, each year increased by 3 months, the retirement age for male employees will be reach 62 years old by 2028; full 55 years old and 8 months old, then, each year increasing by 4 months, the retirement age for female employees will reach 60 years old in 2035.

+ In case, he has reached full retirement age, but the social insurance payment period is less than 20 years, he will be entitled to one-time payment for the missing years (up to 10 years) to be eligible for pension.

In which, the employee’s monthly pension enjoyment rate is calculated at 45%, corresponding to the number of years of payment of social insurance contributions: 20 years for male employees; female workers is 15 years. After that, for each additional year of payment of social insurance, both male and female employees are charged an additional 2%, the maximum rate is 75%.

The pension is adjusted on the basis of the increase of the consumer price index and economic growth in accordance with the State budget and the social insurance fund.

Who is entitled to one-time social insurance?

A participant who makes a request is entitled to a lump-sum social insurance benefit if he/she falls into one of the following cases: Reaching retirement age but having paid social insurance premiums for less than 20 years but not continuing to participate in social insurance; Going abroad to settle down; Suffering from one of the life-threatening diseases prescribed by the Ministry of Health; After one year, do not continue to pay social insurance premiums but have not yet paid full 20 years of payment of social insurance and request to receive one-time social insurance.

Calculating according to the number of years of paying social insurance premiums, each year will get: 1.5 months the average monthly income on which social insurance premiums are based for the years of payment before 2014; 02 months the average monthly income on which social insurance premiums are based for the years of 2014 onwards.

In case, the period of payment of social insurance premium is less than 1 year, the benefit level is equal to the amount already paid, and the maximum level is equal to 2 months of the average monthly income on which social insurance premiums are based.

The Vietnam Social Security Administration also notes that the one-time social insurance allowance of participants of voluntary social insurance does not include the amount of money the State has supported to pay voluntary social insurance premiums, unless the person is suffering from one of the diseases that are dangerous to their health. network according to regulations of the Ministry of Health.

You are reading the article How much is the lowest voluntary social insurance premium after support?
at Blogtuan.info – Source: vietnamnet.vn – Read the original article here

Back to top button