Interests on delayed social, health and unemployment insurance premiums in y2017


2017-04-04

According to Clause 3, Article 6 in the Decision No. 60/2015/QD-TTg on financial management in social, health and unemployment insurance issued by Government, interests on delayed social, health and unemployment insurance premiums shall be calculated as follows

  • If the payment of health insurance premiums delays from 30 days and over, the interests thereon to be collected shall be twice interbank nine-month term interest rates from last year published by the State bank of Vietnam. If the interbank nine-month interest rates are not available, interest rates of the term preceding the nine-month term shall be applied;
  • In case of evasion, delay or appropriation of social and unemployment insurance premiums, benefits from 30 days and over, the interests thereon to be collected shall be twice the last year’s average interest rate on investments of social, unemployment insurance funds.

Particularly, Department of Social Insurance in Hochiminh recently issued the Notification No.362/TB-BHXH based on the Notification No.425/TB-BHXH of Viet Nam Social Insurance Department, announced interests on delayed social, health and unemployment insurance premiums in Y2017 as follows:

  • Interests on late contribution and retrospective collection of social insurance and unemployment insurance: 1.317%/month.
  • Interests on late contribution of social insurance and health insurance: 0.967%/month.

The foregoing interests is applied from 01st Jan, 2017.

Click here for detailing of Decision 60/2015/QĐ-TTg

Click here for detailing of 362/TB-BHXH