Financial liability of both employee and employer
Salary on which social insurance premiums are based
09/01/2018License for employment services
31/01/2018Financial liability of both employee and employer
| FINANCIAL LIABILITY |
EMPLOYEE (A) |
EMPLOYER (B) |
LEGAL BASIS |
| UNEMPLOY-MENT INSURANCE | One percent (01%) of the monthly salary on which compulsory social insurance premiums are based. | One percent (01%) of the fund of monthly salary of employees who currently participating in unemployment insurance. |
– A: Point a Clause 1 Article 57 of Law on Employment; Clause 1 Article 102 of Law on Social Insurance. – B: Point b Clause 1 Article 57 of Law on Employment; Clause 1 Article 102 of Law on Social Insurance. |
| The maximum of the monthly salary on which unemployment insurance premiums are based will be equal to the region-based minimum salary of twenty months. | – Clause 2 Article 58 of Law on Employment. | ||
| COMPULSO-RY SOCIAL INSURANCE | Eight percent (08%) of salary or remuneration in labor contract. | Eighteen percent (18%) of salary or remuneration in labor contract. |
A & B: Clause 1.1 Article 5 of Decision 1111/QD-BHXH – A: Clause 1 Article 91 of Law on Social Insurance; – B: Clause 1 Article 92 of Law on Social Insurance. |
| The maximum of the salary or remuneration on which social insurance premiums are based will be equal to the common minimum salary of twenty months. | – Article 94 of Law on Social Insurance | ||
| VOLUNTARY SOCIAL INSURANCE |
Twenty two percent (22%) of the income which employee select for social insurance premium payment.
The monthly incomes employee in voluntary social insurance select must be at least equivalent to the common minimum salary and not higher than twenty months’ common minimum salary. |
NULL |
– A: Clause 1 Article 100 of Law on Social Insurance. Article 9 of Decision 1111/QD-BHXH |
| HEALTH INSURANCE | One and a half percent (1,5%) of the salary on which compulsory social insurance premiums are based. | Three percent (03%) of the salary on which compulsory social insurance premiums are based. | – A & B: Clause 2.1 Article 15 of Decision 1111/QD-BHXH. |
| The maximum salary level to calculate the health insurance premiums is 20 times of minimum salary. | – Clause 5 Article 13 of Law on Health Insurance. | ||
| LABOR UNION FEE | One percent (01%) of the salary on which social insurance premiums are based. | Two percent (2%) of salary fund which is based to pay social insurance for employee. |
– A: Paragraph 1.3 Section I of Instruction 258/HD-TLD on March 07, 2014; – B: Clause 2 Article 26 of Law on Trade Union 2012; Article 5 of Decree 191/2013/ND-CP |
