SUBJECTS WILL NOT BE ELIGIBLE FOR LUMP-SUM SOCIAL INSURANCE ALLOWANCE

SUBJECTS WILL NOT BE ELIGIBLE FOR LUMP-SUM SOCIAL INSURANCE ALLOWANCE

SUBJECTS WILL NOT BE ELIGIBLE FOR LUMP-SUM SOCIAL INSURANCE ALLOWANCE

SUBJECTS WILL NOT BE ELIGIBLE FOR LUMP-SUM SOCIAL INSURANCE ALLOWANCE

Pursuant to Clause 1, Article 70 of the Law on Social Insurance 2024 (effective from July 1, 2025), employees who have stopped participating in social insurance and have a request for lump-sum social insurance allowance if they satisfy one of the following conditions:

- Employees reach the retirement age but have paid social insurance for less than 15 years;

- Employees emigrate from Vietnam to a foreign country;

- Employees have one of the following diseases: cancer, polio, decompensated cirrhosis, severe tuberculosis, AIDS;

- Employees have ≥ 81% work capacity reduction; or severe disability;

- Employees who have paid social insurance before July 1, 2025 for less than 20 years and do not participate in voluntary social insurance after 12 months.

- The cases specified in points d, đ and e, Clause 1, Article 2 of the Law on Social Insurance 2024 (officers, non-commissioned officers, regular militia, etc.), is not covered by compulsory social insurance upon demobilization or resignation, does not participate in voluntary social insurance, and is not eligible for pension.

>> Thus, from July 1, 2025, the following subjects will not be eligible for lump-sum social insurance allowance:

- Employees who have paid social insurance for 20 years or more, except in cases of emigrating from Vietnam to a foreign country or suffering from one of the life-threatening diseases.

- Employees who have participated in social insurance before July 1, 2025 and have paid social insurance for less than 20 years but the period of leave from work is less than 12 months. Except for those who reach the retirement age but have not paid social insurance for 15 years, emigrate from Vietnam to a foreign country or have one of the life-threatening diseases.

- Employees who start participating in social insurance from July 1, 2025, after 1 year of unemployment, no longer participate in social insurance but have not paid social insurance for 20 years. Except for those who reach the retirement age but have not paid social insurance for 15 years, emigrate from Vietnam to a foreign country or have one of the life-threatening diseases.

- Officers, non-commissioned officers, regular militiamen, etc., when demobilized or resignation, are eligible for pension, except in cases of emigrating from Vietnam to a foreign country or suffering from one of the life-threatening diseases.

Related news

EXTEND TIME LIMITS FOR PAYMENT OF TAX IN 2025
EXTEND TIME LIMITS FOR PAYMENT OF TAX IN 2025

EXTEND TIME LIMITS FOR PAYMENT OF TAX IN 2025

THE EXPANSION OF THE SUBJECT TO AUDIT THE FINANCIAL STATEMENT
THE EXPANSION OF THE SUBJECT TO AUDIT THE FINANCIAL STATEMENT

THE EXPANSION OF THE SUBJECT TO AUDIT THE FINANCIAL STATEMENT

OVERTIME WAGES EXEMPT FROM PERSONAL INCOME TAX FROM 2026
OVERTIME WAGES EXEMPT FROM PERSONAL INCOME TAX FROM 2026

OVERTIME WAGES EXEMPT FROM PERSONAL INCOME TAX FROM 2026

SOME NEW POINTS DEDUCTIBLE EXPENSES UNDER DECREE 320/2025/ND-CP
SOME NEW POINTS DEDUCTIBLE EXPENSES UNDER DECREE 320/2025/ND-CP

SOME NEW POINTS REGARDING DEDUCTIBLE EXPENSES WHEN CALCULATING CORPORATE INCOME TAX UNDER DECREE 320/2025/ND-CP

GENERAL DEPARTMENT OF TAXATION GUIDES FOR TAX EXEMPTIONS, EXTENSIONS AND REDUCTIONS AFFECTED BY TYPHOON YAGI
GENERAL DEPARTMENT OF TAXATION GUIDES FOR TAX EXEMPTIONS, EXTENSIONS AND REDUCTIONS AFFECTED BY TYPHOON YAGI

GENERAL DEPARTMENT OF TAXATION GUIDES FOR TAX EXEMPTIONS, EXTENSIONS AND REDUCTIONS AFFECTED BY TYPHOON YAGI

FOREIGN CONTRACTOR TAX
FOREIGN CONTRACTOR TAX

FOREIGN CONTRACTOR TAX ON SERVICES VIA E-COMMERCE CHANNELS AND DIGITAL PLATFORMS

GLOBAL MINIMUN TAX IN VIETNAM
GLOBAL MINIMUN TAX IN VIETNAM

GLOBAL MINIMUN TAX IN VIETNAM

PROCEDURE FOR HANDLING ERRORS INVOICES ACCORDING TO DECREE 70/2025/ND-CP
PROCEDURE FOR HANDLING ERRORS INVOICES ACCORDING TO DECREE 70/2025/ND-CP

PROCEDURE FOR HANDLING ERRORS INVOICES ACCORDING TO DECREE 70/2025/ND-CP

CASES NOT REQUIRING PROMOTION NOTICE FROM 01/12/2024
CASES NOT REQUIRING PROMOTION NOTICE FROM 01/12/2024

CASES NOT REQUIRING PROMOTION NOTICE FROM 01/12/2024

CONTINUE TO REDUCE 2% VAT UNTIL THE END OF DECEMBER 2024
CONTINUE TO REDUCE 2% VAT UNTIL THE END OF DECEMBER 2024

CONTINUE TO REDUCE 2% VAT UNTIL THE END OF DECEMBER 2024

SOME NEW POINTS ON VAT (VALUE-ADDED TAX) FROM JULY 1, 2025
SOME NEW POINTS ON VAT (VALUE-ADDED TAX) FROM JULY 1, 2025

SOME NEW POINTS ON VAT (VALUE-ADDED TAX) FROM JULY 1, 2025

SUPPLEMENTING VAT DECLARATION RELATED TO THE AMOUNT OF REFUNDABLE VAT
SUPPLEMENTING VAT DECLARATION RELATED TO THE AMOUNT OF REFUNDABLE VAT

SUPPLEMENTING VAT DECLARATION RELATED TO THE AMOUNT OF REFUNDABLE VAT