Chương III Nghị định 143/2018/NĐ-CP: Quỹ bảo hiểm xã hội

Chapter III

SOCIAL INSURANCE FUND

Article 12. SI contribution rates and methods at the employee side

1. From January 1, 2022, the employee prescribed in clause 1 Article 2 hereof shall, on a monthly basis, make a SI contribution accounting for 8% of his/her monthly pay to the retirement and death benefit fund.

2. The employee who neither works nor receives salaries or wages for a period of at least 14 working days in each month shall not be bound to pay the SI contribution in that month.  This month shall not be taken into account to determine entitlement to SI benefits, except for parental leaves.

Article 13. SI contribution rates and methods at the employer side

1. The employer specified in clause 3 Article 2 hereof shall, on a monthly basis, make a SI contribution in proportion to the employee’s payroll in the SI payment month as follows:

a) 3% of the abovementioned payroll paid into the sickness and parental insurance benefit fund;

b) 0.5% of the abovementioned payroll paid into the occupational accident and disease benefit fund;

c) 14% of the abovementioned payroll paid into the retirement and death insurance benefit fund, in effect from January 1, 2022.

2. The employer shall not be required to pay SI contributions for their employees as provided in clause 2 Article 12 hereof.

3. Based on the capability of state budget balances for the occupational accident and disease insurance benefit fund, the Government shall consider adjusting the contribution rate as provided in point b clause 1 of this Article from January 1, 2020.

4. The employee who enters into multiple employment contracts with more than one employer and is required to participate in the compulsory SI program, both the employee and the employer shall only have to pay SI contributions as agreed upon in the first employment contract.  If wishing to participate in the occupational accident and disease insurance fund, the employee shall be required to pay SI contributions per each employment contract.

Article 14. Salary paid in the SI contribution month

Salary paid in the SI contribution month as provided in clause 1 Article 12 and clause 1 Article 13 hereof shall be subject to clause 2 and clause 3 Article 89 of the Law on Social Insurance, and clause 2 and clause 3 Article 17 of the Decree No. 115/2015/ND-CP.