I. Legal basis

Circular No. 06/2021/TT-BLDTBXH 

Decision No. 595/QD-BHXH 2017 

Law on Social Insurance 2014

II. What is the employee’s social insurance number used for? 

Social insurance code: is the unique personal identification number of the participant issued by the social insurance agency to record on the social insurance book and health insurance card.

Currently, social insurance codes are mainly used to:

• Identify/identify social insurance participants on the Vietnamese social insurance system.
  Look up information on social insurance, health insurance, unemployment insurance.
  Use social insurance account registration to log in to the Vietnam social insurance public service portal/VssID digital social insurance application.

III. How long does it take to stop paying social insurance premiums before the social insurance code is canceled? 

Social insurance payment period is the time counted from the time the employee starts paying social insurance until the time the payment stops. 

If an employee pays social insurance premiums intermittently, the duration of social insurance contributions is the total time for which social insurance premiums have been paid. 

The employees, who quit their jobs, stop paying social insurance premiums but are not eligible for pension or do not receive social insurance once, will be reserved the time to pay social insurance premiums. 

When the employees temporarily stop paying social insurance, the time paid will be reserved and accumulated when they continue to participate, will not be lost and the social insurance code will not be canceled.

IV. Conditions for one-time social insurance

Conditions for enjoying one-time social insurance are as follows:

• Having reached the pension age as prescribed by the Law on Social Insurance but not yet 20 years of paying social insurance or according to the Law on Social Insurance but less than 15 years of paying social insurance and not continuing to participate in voluntary social insurance; 
• After one year of quitting work, but less than 20 years of paying social insurance and not continuing to pay social insurance;
• Going abroad to settle; 
• Persons suffering from one of the life-threatening diseases such as cancer, polio, cirrhosis of the liver ascites, leprosy, severe tuberculosis, HIV infection that has progressed to AIDS stage and other diseases as prescribed by the Ministry of Health.

If meeting the conditions prescribed by the above-mentioned law, the employee has the right to choose to withdraw social insurance once at any time based on actual needs. 

Currently, the law on social insurance does not stipulate that the maximum time not to pay social insurance will be lost. If the employee does not choose to withdraw social insurance once, the time to pay social insurance will be reserved, until the employee goes back to work and continues to pay social insurance, the social insurance payment time will be added.  

V. How long does it take to receive one-time social insurance benefits?

According to Clause 1, Article 1 of Resolution 93/2015/QH13, employees have the right to reserve the time they have previously paid social insurance so that they can later be eligible to receive pension when they reach retirement age, according to the provisions of the Law on Social Insurance 2014. This means that if during the process of participating in social insurance, employees have an interruption period, they can still accumulate time. insurance payment period to ensure future retirement benefits.

VI. About Us, Hankuk Law Firm

■ Hankuk Law Firm – Introduction

The goal of the legal services provided by HANKUK LAW FIRM is to support businesses, investors, and people. Our organization employs skilled Korean lawyers, partners, and professionals to provide legal services to businesses related to corporations and litigation.

To support the startup process, our lawyers and staff provide a wide range of services, including business law consulting, tax and immigration law consulting, real estate services, business consulting, marketing and communications, human resources, product distribution, franchise options, etc. We provide expert advice on every aspect of your business needs.

To protect the legitimate rights and interests of our clients and achieve the best results, we provide legal advice and participate in civil lawsuits related to business, labor, marriage, family, and inheritance.

■ Contact us now

For reliable and effective legal advice, please contact HANKUK LAW FIRM now. We are committed to providing you with the best possible answers and our team of experienced lawyers has extensive knowledge in many legal fields. We are always here to provide the most competent and dedicated support, whether you are dealing with contractual issues, commercial disputes or need guidance on foreign investment. HANKUK LAW FIRM is honored to have assisted hundreds of domestic and international clients in skillfully resolving complex legal issues as their trusted legal partner. Do not let legal issues hinder your success. Let us accompany you towards legal achievement and comfort. For prompt guidance and support to ensure your rights are always maintained at the highest standards, contact HANKUK LAW FIRM now.

■ Contact Hankuk Law Firm:

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