As of the end of April 2024, the total accumulated revenue from social insurance, unemployment insurance, and health insurance was reported at over 155.4 trillion VND, a 10.04% rise over the same period in 2023.

In the context of economic difficulty, the VSS has directed the social insurance sector of provinces and cities to carry out synchronous solutions to increase the number of insurance participants and reduce late payments for social insurance and health insurance.

Local social insurance agencies have completed scenarios for collecting insurance fees and expanding insurance participants in 2024, and are quickly conducting synchronous measures to achieve the set targets, said Duong Van Hao, head of the VSS's Department of Contribution Collection – Insurance Book and Card.

Fifty provinces have posted a rise in the number of people participating in compulsory social insurance, while 28 provinces reported increases in the number of people participating in voluntary social insurance and 48 provinces witnessed growth in the number of citizens participating in health insurance in the first four months of this year.

Director of the VSS’s Information and Communication Centre, Nguyen Thi Thanh Huong, said that local social insurance is strongly carrying out activities in different forms to respond to the month on social insurance coverage for all people.

At the same time, the Information and Communication Centre also closely follows the direction of the VSS, focusing on communicating the rights and benefits of people participating in social insurance and health insurance. The payments of pensions and social insurance benefits according to new regulations and the disadvantages of lump-sum withdrawal of social insurance and others are also widely informed to people.

“Contents related to social insurance and health insurance concerned by National Assembly deputies and voters in the upcoming National Assembly session will also be disseminated to the public in the near future,” said Director Nguyen Thi Thanh Huong.

VSS Deputy General Director Dao Viet Anh also asked for the enhanced transmission of messages on the insurance benefits to people and businesses while improving management efficiency and preventing social and health insurance profiteering acts.

In the difficult context, the entire insurance sector has drastically implemented tasks effectively since the beginning of the year. The sector’s efforts have been demonstrated through the positive indicators of revenue and the number of participants in social insurance and health insurance.

The rights of people participating in social insurance and health insurance are guaranteed, and administrative procedure reform in this field is associated with implementing the Government’s Project 06 on developing and applying the population data and electronic identification and authentication to serve national digital transformation, Anh noted.

VSS General Director Nguyen The Manh directed its divisions to coordinate with specialised agencies of relevant ministries and sectors, in researching and proposing amendments to the Law on Social Insurance, the Law on Health Insurance, and Employment Law. These divisions are also asked to proactively inform voters and National Assembly deputies, about issues related to social insurance and health insurance, especially issues of public concern during the National Assembly sessions.

At the same time, the VSS will conduct activities to respond to the month on social insurance coverage for all people and disseminate information about the implementation of Project 06 and the digital transformation of Vietnam's social insurance, with a focus on the benefits for people and businesses participating in social insurance and health insurance.

Milestones in Vietnam-Korea social insurance agreement

In early December, Vietnam and the Republic of Korea signed an administrative agreement on implementing an agreement on social insurance between the two countries, which will come into force from January 1, 2024.

Over 20.8 trillion VND spent on new pensions and social insurance benefits

The Vietnam Social Security (VSS) on August 14 began the payment of pensions, social insurance benefits, and monthly allowances according to the new rates.

Beneficiaries to receive new pension and social insurance from August 14

Vietnam Social Security (VSS) announced on July 18 that it would arrange the payment of pensions, social insurance benefits and monthly allowances according to the new rates from August 14, 2023.

Occupational accident insurance fund shares difficulties with workers

(BGO) - The occupational accident and disease insurance benefits are stipulated in the Law on Occupational Safety and Health approved by the 13th National Assembly at its 10th session on June 25, 2015. Over the past time, authorities at all levels, agencies and enterprises in the province have paid attention to implementing such policies to share difficulties with employees.

Bac Giang pays due attention to social insurance policy, ensures benefit for labours

(BGO) – On March 15, Permanent Vice Chairman of the Bac Giang provincial People’s Committee (PPC) Mai Son cum Head of the Steering Board for implementing social insurance and health insurance policies in the province chaired a meeting to review 2023 task, witness the signing ceremony of cooperation agreement to protect the labours’ rights in term of salary, social insurance and unemployment insurance.

Source: NDO