VietnameseOfficial Dispatch No. 1012/BHXH-QLT dated May 22, 2017 of the Social Security of Ho Chi Minh City on rate of compulsory social security contribution to the Occupational Accident and Occupational Disease Insurance Fund effective as of June 1, 2017
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ATTRIBUTE
| Issuing body: | Effective date: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here | |
| Official number: | 1012/BHXH-QLT | Signer: | Nguyen Thi Thu |
| Type: | Official Dispatch | Expiry date: | Updating |
| Issuing date: | 22/05/2017 | Effect status: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Fields: | Insurance, Labor - Salary |
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THE VIETNAM SOCIAL SECURITY
THE SOCIAL SECURITY OF HO CHI MINH CITY
Official Dispatch No. 1012/BHXH-QLT dated May 22, 2017 of the Social Security of Ho Chi Minh City on rate of compulsory social security contribution to the Occupational Accident and Occupational Disease Insurance Fund effective as of June 1, 2017
To:employers
Pursuant to the Law on Social Security No. 58/2014/QH13 adopted by the National Assembly on November 20, 2014; the Law on Occupational Sanitation and Safety No. 84/2015/QH13 adopted by the National Assembly on June 25, 2015; the Government’s Decree No. 44/2017/ND-CP dated April 14, 2017 on the rate of compulsory social security contribution to the Occupational Accident and Occupational Disease Insurance Fund.
The Ho Chi Minh city Social Security hereby announces that the rate of compulsory payment to the Occupational Accident and Occupational Disease Insurance Fund in force as of June 1, 2017 that is paid by the employer on a monthly basis is 0.5%, calculated on top of the employee’s salary./.
For the Director
The Deputy Director
Nguyen Thi Thu
From June 1, 2017, the rate of compulsory social security contribution to the Occupational Accident and Occupational Disease Insurance Fund will be changed as follows:
Social security types | Rate of contribution paid by Employer | Rate of contribution paid by Employee | Subtotal |
Social Insurance (SI) (Sickness, Paternity, Occupational Accident and Disease, Retirement, Impairment) | 17.5% | 8.0% | 25.5% |
Health Insurance (HI) | 3% | 1.5% | 4.5% |
Unemployment Insurance (UI) | 1% | 1.0% | 2.0% |
TOTAL | 21.5% | 10.5% | 32.0% |
The data on the contribution rates paid before June 1, 2017 are used for comparison purpose
Social security types | Rate of contribution paid by employer | Rate of contribution paid by Employee | Subtotal |
Social Insurance (SI) (Sickness, Paternity, Occupational Accident and Disease, Retirement, Impairment) | 18% | 8.0% | 26.0% |
Health Insurance (HI) | 3% | 1.5% | 4.5% |
Unemployment Insurance (UI) | 1% | 1.0% | 2.0% |
TOTAL | 22% | 10.5% | 32.5% |
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