Currently, there are 2 types of social insurance organized by the State: compulsory social insurance and voluntary social insurance.
The salary limit for social insurance contributions is specified in point d, clause 1 and clause 2, Article 31 of the 2024 Law on Social Insurance as follows:
The salary used as a basis for compulsory social insurance contributions is at least equal to the reference level and at most equal to 20 times the reference level at the time of contribution.
The income used as a basis for paying voluntary social insurance is at least equal to the poverty line of rural areas and at most equal to 20 times the reference level at the time of payment.
Clause 13, Article 141 of the Law on Social Insurance also stipulates that when the base salary level has not been abolished, the reference level specified in this Law is equal to the base salary level.
Thus, currently the reference level calculated according to the base salary in Decree 73/2024/ND-CP is 2.34 million VND.
Maximum salary for social insurance contributions in 2026 = 20 x 2.34 million VND/month = 46.8 million VND/month.
