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1 million subscribed for compulsory insurance

Update: 17-08-2022 | 11:02:31

By the end of June 2022, the number of people participating in compulsory social insurance in the province reached 1 million, an increase of 2.3% compared to the time before the outbreak of the COVID-19 epidemic in December 2019, accounting for over 80% of the labor force in the province. Along with that, from 1.4 to 1.5 million people every year have entered and paid social insurance benefits of all kinds, corresponding to an amount of about VND 7,000 billion.

Particularly, the unemployment insurance coverage implemented in accordance with the Employment Law has brought benefits to employees as guaranteed according to the principle of "payment and enjoyment" and has been well implemented with the participants of over 98% of the number of employees participating in social insurance policies. At the same time, every year, about 80,000 people are paid unemployment benefits.

Reported by T. Vy – Translated by Vi Bao

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