Hanoi Social Insurance advises:
Pursuant to Clause 1, Article 37 of the Law on Social Insurance No. 41/2024/QH15, it is stipulated that contributions to the pension and death fund are temporarily suspended in the following cases:
a) In case the employer encounters difficulties and has to temporarily suspend production and business, leading to the employee and the employer being unable to pay social insurance, they will be temporarily suspended from paying to the pension fund and die for a maximum period of 12 months;
b) After the payment suspension period prescribed in Point a of this Clause, the employer and the employee shall continue to pay compulsory social insurance and compensate for the payment suspension period.
The deadline for compensatory payment is the last day of the month following the month in which the suspension ends. The compensation payment is equal to the amount payable for the months of suspension.
