Ho Chi Minh city social insurance agency requests enterprises whose head offices are located in Ho Chi Minh city must adjust the wage levels on which social insurance (SI), health insurance (HI), unemployment insurance (UI), occupational accident and disease insurance premiums are based to be equal to the new region-based minimum wage levels by February 28th, 2020 at the latest.
Accordingly, enterprises, branches located in Can Gio rural district shall apply the wage level of of 3,920,000 VND/month; enterprises, branches located in the remaining districts and rural districts of Ho Chi Minh city shall apply the wage level of 4,420,000 VND/month.
However, the aforesaid wage levels are only applied to those work the simplest jobs; With regard to jobs requiring professional qualification, the wage levels must be added at least 7%.
Ho Chi Minh city social insurance agency recommends that it only certifies process of SI, UI (participation in SI, UI) and settles IS benefits after the enterprises have made dossier adjusting wage levels on which SI, HI, UI, occupational accident and disease insurance premiums are based to be equal to the new region-based minimum wage levels.
|Published||Vietlaw's Newsletter No. 435|