State policy on social insurance

The Lao Dong Newspaper Legal Consulting Office replied:

Article 6 of the Law on Social Insurance 2024 (effective from July 1, 2025) stipulates the State's policies on social insurance as follows:

1. Build a multi-layered social insurance system including social pension benefits, compulsory social insurance and voluntary social insurance, supplementary pension insurance to aim for coverage of the entire population according to a roadmap suitable to socio-economic development conditions.

2. Ensure the legitimate rights and interests of organizations and individuals participating in social insurance; have credit support policies for employees who have paid social insurance but lost their jobs.

3. The state budget ensures social pension benefits and some other benefits as prescribed in this Law.

4. Protecting, preserving and growing social insurance funds.

5. Support voluntary social insurance participants.

6. Encourage localities to, depending on socio-economic conditions, the ability to balance the budget, combine mobilizing social resources to support additional social insurance contributions for voluntary social insurance participants and provide additional support for social pension beneficiaries.

7. Completing laws and policies on social insurance; developing a system of organizing professional, modern, transparent and effective social insurance implementation; prioritizing investment in developing information technology infrastructure to meet the requirements of digital transformation, electronic transactions and requirements of social insurance management.

8. Encourage participation in supplementary pension insurance.

Thus, the State's policy on social insurance is regulated as above.