13 July 2021
On 1 July 2021, the Government issued Resolution No. 68/NQ-CP to announce some policies to support employers and employees facing difficulties due to the COVID-19 pandemic. Some notable policies are:
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Reducing the insurance premium for occupational accidents and diseases: Employers are entitled to apply the payment rate equal to 0% of the salary fund as the basis for paying social insurance premiums to the Occupational Accident Insurance Fund for the employees within 12 months (from 1 July 2021 to 30 June 2022). Employers support the entire amount of money from the reduction of the above premium to employees.
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Temporary suspension of contributions to the retirement and survivorship fund: Employers who have fully paid social insurance premiums or are suspending contributions to the Pension and Survivorship Fund until the end of April 2021 but are affected by the COVID-19 pandemic that led to reduction of their employees by 15% or more compared to April 2021, employees and employers are entitled to suspend the payment of this fund for 6 months from the time of application submission.
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Supporting employees whose labor contracts are suspended and take unpaid leave: Employees working at places where their operations are suspended at the request of the authorities to prevent and control the COVID-19 pandemic who have a temporary suspension period or take unpaid leave within the term of the labor contract from 15 consecutive days or more, starting from 1 May 2021 to 31 December 2021, receive one support at the rate depending on the number of days of suspending contract or unpaid leave.
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Supporting suspended employees: Employees who are suspended from work according to Clause 3, Article 99 of the Labor Code with employers and who are subject to medical isolation or in an area that is blocked for 14 days or more (from 01 May 2021 to 31 December 2021) are supported VND1,000,000 /person.
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People who must be treated for COVID-19 infection (F0) are supported VND80,000 /person/day, the duration of support depends on the actual treatment time and not more than 45 days. Persons subject to medical isolation (F1) at the request of the authorities are supported with VND80,000 /person/day, a maximum support period of 21 days. The application period is from 27 April 2021 to 31 December 2021.
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Loan policy to pay salary for suspended employees: Employers are allowed to borrow capital at the Bank for Social Policies at 0% interest rate and without loan security measures to pay salaries to employees who have been suspended from work for 15 consecutive days or more according to Clause 3, Article 99 of the Labor Code, from 1 May 2021 to 31 March 2022.
The organization and implementation of policies are specified in this Resolution.
For further information, please contact:
