Nearly 28.2 trillion VND from unemployment insurance fund given to pandemic-hit labourers

09:00 AM 2021-12-01

More than 12.32 million labourers affected by COVID-19 have received total support of nearly 28.2 trillion VND (1.24 billion USD) from the unemployment insurance fund so far, according to the Vietnam Social Security (VSS).

The result was recorded in two months of implementing the Government's Resolution 116/NQ-CP and the Prime Minister’s Decision 28/QD-TTg on assisting pandemic-hit labourers and employers from the unemployment insurance fund from October 1 to November 29.

The VSS said that it has agreed to allow nearly 152,900 labourers from 810 facilities in 57 localities across the country to temporarily postpone retirement and survival insurance payment with total amount of over 1.07 trillion VND, while approving a list of 2.7 million workers from 67,700 companies enjoying support policies.

Of the labourers, 1.85 million have had their labour contracts temporarily suspended or taken unpaid leave, and 537,700 stopped working to receive support of 1 million VND each. As many as 1,024 employers have accessed loans to pay for 82,500 labourers who became unemployed due to COVID-19 .

On October 1, the Government issued Decision No. 28/QD-TTg providing regulations on the implementation of support policies for employees and employers impacted by the COVID-19 pandemic, using the unemployment insurance fund.

Accordingly, different levels of allowances from 1.8 million VND (79 USD) to 3.3 million VND (144.8 USD) will be given to each labourer depending on the time they has paid unemployment insurance premiums./. VNA

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