The Government has issued a resolution on support for pandemic-hit workers and employers, and the aid will be sourced from the unemployment insurance fund.

Workers who benefit from this policy are those who are covered by unemployment insurance as of September 30, 2021, excluding employees in State agencies, political organisations, socio-political organisations, units of the people’s armed forces, and non-business public agencies which are paid by the State budget.

They also include workers who have stopped contributing to unemployment insurance due to the termination of their labour contracts or working contracts between January 1, 2020 and September 30, 2021, and have unemployment insurance contribution period reserved in accordance with legal regulations on employment, excluding retirees who receive monthly pensions.

The aid, about 30 trillion VND (1.317 billion USD) sourced from the unemployment insurance fund, will be delivered from October 1 and completed by December 31 at the latest.

A worker receives aid from the Hanoi Confederation of Labour (Photo: VNA)

Meanwhile, the reduction of contributions to the unemployment insurance fund is applied to the employers regulated in Article 43 of the Employment Law, excluding State agencies, political organisations, socio-political organisations, units of the people’s armed forces, and non-business public agencies which are paid by the State budget, which are taking part in unemployment insurance before October 1, 2021.

Those employers are entitled to a reduction in unemployment insurance contributions from 1 percent to zero percent of the monthly salary fund for the workers covered by unemployment insurance. The reduction will last for 12 months, from October 1, 2021 through September 30, 2022./.