5 CASES IN WHICH EMPLOYEES WILL BE ENTITLED TO A ONE-TIME SOCIAL INSURANCE BENEFIT
There are 5 cases in which employees will be entitled to a one-time social insurance benefit from July 1, 2025, summarized as follows:
- Employees who are old enough to receive pension, but have paid social insurance premiums for less than 15 years.
- Employees who move abroad for permanent residence.
- Individuals suffering from severe illnesses such as cancer, paralysis, decompensated cirrhosis, advanced tuberculosis, or HIV infection.
- Individuals with a reduction in work capacity of 81% or more and individuals with severe disabilities.
- Employees who have contributed to social insurance before July 1, 2025, and after 12 months do not belong to the compulsory social insurance group and also do not participate in voluntary social insurance, with less than 20 years of contributions.
3 MAIN DIFFERENCES BETWEEN THE OLD LAW AND THE NEW LAW
Compared to the social insurance law before July 1, 2025, we notice three main differences between the old law and the new law, which include:
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The maximum time for contributing to social insurance to receive a one-time social insurance benefit has been reduced from "less than 20 years" to "less than 15 years" for those of retirement age.
- The regulation on leprosy has been removed, but conditions have been added for those with a reduction in working capacity of 81% or more and for individuals with severe disabilities.
- Removing the case "after 12 months" that is not subject to compulsory social insurance, and also does not participate in voluntary social insurance, it is possible to receive lump-sum social insurance for "participants" from 01 July 2025.
Regarding the amount received from the one-time social insurance benefit, the new 2024 social insurance law has no changes compared to the old law.