Support packages for workers hit by Covid-19 from the Unemployment Insurance fund from October 1, 2021

27/09/2021 08:54 PM


On September 24, 2021, the Government issued Resolution No. 116/NQ-CP on policies to support employees and employers affected by the COVID-19 pandemic using the Unemployment Insurance (UI) Fund.

Accordingly, the Government decided to spend about VND 30,000 billion from the balance of the UI Fund until the end of 2020 to support employees who are participating in unemployment insurance as of September 30, 2021 (not including employees working in state agencies, political organizations, socio-political organizations, people's armed forces units and public non-business units whose recurrent expenditures are guaranteed by the state budget).

Employees, who have stopped participating in unemployment insurance due to termination of their labor contract or working contract in the period from January 1, 2020 to the end of September 30, 2021, have the period of payment of UI reserved according to regulations of the employment law, excluding monthly pensioners.

The level of support is based on the period of payment of unemployment insurance premiums but not yet enjoying unemployment benefits of employees, specifically as follows:

No

Workers’ time of participating in UI (who have not received unemployment benefits)

Allowed support packages at once

1

Under 12 months

1.800.000 VND/person

2

from full 12 months to under 60 months

2.100.000 VND/person

3

from full 60 months to under 84 months

2.400.000 VND/person

4

from full 84 months to under 108 months

2.650.000 VND/person

5

from full 108 months to under 132 months

2.900.000 VND/person

6

from full 132 months or more

3.300.000 VND/person

The time to implement the support for employees is from October 1, 2021 and will be completed on December 31, 2021 at the latest.

The Resolution clearly states that the support for employees and employers from the UI Fund ensures the principle of payment and enjoyment, sharing and fairness for employees and employers participating in unemployment insurance.

The implementation of the policy is placed in the overall balance of the resources of the State, funds and other support sources. Differences and some of those affected by the COVID-19 pandemic to be prioritized have been taken into account.

The implementation of support for employees and employers must be simple, timely, well-targeted, public, transparent and effective; does not apply to subjects who voluntarily do not receive support.

The Vietnam Social Security Portal will continue to update information about this support policy.