From July 1, business owners who pay compulsory social insurance are entitled to receive one-time social insurance

Phương Minh |

Ms. Nguyen Nga (Hanoi asked): From July 1, will business owners with compulsory social insurance (SI) be entitled to receive one-time social insurance?

According to the provisions of Clause 1, Article 70 of the Law on Social Insurance 2024 on one-time social insurance benefits as follows:

Subjects specified in Clause 1, Article 2 of the Law on Social Insurance 2024 (including business owners of business households with business registration) who have stopped participating in social insurance but have a request are entitled to receive one-time social insurance if they fall into one of the following cases:

Be old enough to receive a pension but have not paid social insurance for 15 years. In case the employee does not receive one-time social insurance, he/she can choose to receive monthly allowances according to the provisions of Article 23 of the Social Insurance Law 2024;

Go abroad to settle down; People suffering from one of the diseases of cancer, paralysis, decompensive cirrhosis, severe tuberculosis, AIDS;

People with a working capacity reduction of 81% or more; people with severe disabilities;

Employees who have paid social insurance before July 1, 2025, after 12 months are not subject to compulsory social insurance but also do not participate in voluntary social insurance and have paid social insurance for less than 20 years;

In the case of officers and professional soldiers of the People's Army; officers and non-commissioned officers of the People's Public Security; people working in secret service who receive salaries as for soldiers; non-commissioned officers and soldiers of the People's Army; non-commissioned officers and soldiers of the People's Public Security; military, police and secret service students studying are entitled to living expenses;

Permanent militia; when demobilized, discharged, or quit their jobs, they are not subject to compulsory social insurance but also do not participate in voluntary social insurance and are not eligible for pension.

Thus, from July 1, business owners who pay compulsory social insurance and have stopped participating in social insurance if they fall into one of the above cases and have a request can receive one-time social insurance.

Phương Minh
TIN LIÊN QUAN

Union Newsletter: New information on the salary regime in 2025

|

Today's union newsletter includes: New information on the salary regime in 2025; Electricity prices increase, workers tighten spending...

Electricity prices increase, workers struggle to eat every meal

|

For workers' families who are struggling to make ends meet, the electricity bill increased by a few hundred thousand per month is enough to force them to recalculate every meal...

2 new subjects will be able to withdraw social insurance at one time from July 2025

|

From July 1, 2025, the 2024 Law on Social Insurance will take effect, adding two more subjects who are eligible to withdraw social insurance at one time.

Guiding two models in communes and wards that are not eligible for trade union establishment

|

Communes and wards that are not eligible to establish trade unions can choose two models, according to the latest instructions of the Vietnam General Confederation of Labor.

Miss Vietnam contestants apologize after controversial dance at Thai Hoa Palace

|

HUE - Miss Vietnam 2024 contestant Vo Thi Thanh B. apologized after the clip of a dance at Thai Hoa Palace Stadium caused controversy on social networks.

Deputy Minister Nguyen Van Hoi temporarily takes charge of the overseas labor sector

|

Deputy Minister of Home Affairs Nguyen Van Hoi was temporarily assigned to be in charge of overseas labor management.

Proposal to elect Mr. Truong Viet Dung as Vice Chairman of Hanoi People's Committee

|

Hanoi - The City People's Committee submitted to the City People's Council for consideration and election to the additional position of Vice Chairman of the Hanoi People's Committee, term 2021-2026 for Mr. Truong Viet Dung.

Da Nang fishermen soak left boats towing to shore to flee the storm in the middle of the coastal season

|

Da Nang - Many fishermen at Man Thai and Tho Quang beaches (Son Tra district) are looking for ways to reinforce and pull their boats ashore to avoid storms and rain.

Union Newsletter: New information on the salary regime in 2025

Nhóm PV |

Today's union newsletter includes: New information on the salary regime in 2025; Electricity prices increase, workers tighten spending...

Electricity prices increase, workers struggle to eat every meal

Minh Hương |

For workers' families who are struggling to make ends meet, the electricity bill increased by a few hundred thousand per month is enough to force them to recalculate every meal...

2 new subjects will be able to withdraw social insurance at one time from July 2025

Linh Đan - Hà Lê |

From July 1, 2025, the 2024 Law on Social Insurance will take effect, adding two more subjects who are eligible to withdraw social insurance at one time.