Circular No. 102/2009/TT-BTC guides the transfer of the Farmers' Social Insurance Fund of Nghe An Province to the Voluntary Social Insurance Fund managed by the Vietnam Social Security.

CIRCULAR

Guidelines for transferring the Social Insurance Fund for Farmers in Nghe An Province to the Voluntary Social Insurance Fund managed by the Vietnam Social Security voluntary social insurance managed by the Vietnam Social Security

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Pursuant to Decree No. 190/2007/NĐ-CP dated December 28, 2007 of the Government guiding certain provisions of the Law on Social Insurance regarding voluntary social insurance;

Pursuant to Decision No. 41/2009/QĐ-TTg dated March 16, 2009 of the Prime Minister on transferring the Social Insurance for Farmers in Nghe An Province to the Voluntary Social Insurance;

The Ministry of Finance issues guidelines for implementing the transfer of the Social Insurance Fund for Farmers in Nghe An Province to the Voluntary Social Insurance Fund managed by the Vietnam Social Security as follows:

Article 1. Scope of Transfer

1. All money and assets managed by the Social Insurance for Farmers in Nghe An Province.

2. Original status of files and documents related to contributions and benefits of participants in the Social Insurance for Farmers in Nghe An Province.

3. Original status of accounting records, vouchers, and final settlement reports of the Social Insurance Fund for Farmers in Nghe An Province.

Article 2. Time of Transfer

The time of transferring the Social Insurance Fund for Farmers in Nghe An Province to the Voluntary Social Insurance Fund shall be carried out according to the Decision of the People's Committee of Nghe An Province.

Article 3. Method of Transfer

1. The Social Insurance for Farmers in Nghe An Province shall directly transfer to the Social Insurance of Nghe An Province.

2. The Social Insurance of Nghe An Province, representing the Vietnam Social Security, shall receive the transfer from the Social Insurance for Farmers in Nghe An Province.

3. The transfer must be recorded in a protocol with signatures of all parties and witnessed by representatives of the People's Committee of Nghe An Province and the Vietnam Social Security. The protocol serves as the basis for recording, reflecting, and reconciling accounting books and figures.

Article 4. Content of Transfer

1. All funds belonging to the Social Insurance Fund for Farmers in Nghe An Province, including:

a. Cash balance and deposits;

b. Gold, silver, precious metals, gems, and valuable papers (if any);

c. Investment funds and growth from the Social Insurance Fund for Farmers in Nghe An Province that have not been recovered.

2. All expenses and assets managed by the Social Insurance for Farmers in Nghe An Province, including:

a. Remaining operating expenses of the Social Insurance for Farmers in Nghe An Province after settling debts and costs for the transfer, dissolution, and remaining funds transferred to the Social Insurance of Nghe An Province;

b. All working tools and assets serving the management of the Social Insurance Fund for Farmers in Nghe An Province. The procedures and formalities for the transfer shall be carried out according to Circular No. 43 TC/QLCS dated July 31, 1996 of the Ministry of Finance guiding the receipt and transfer of assets between administrative agencies and economic organizations based on decisions of competent authorities and Circular No. 122/2007/TT-BTC dated October 18, 2007 of the Ministry of Finance amending and supplementing some contents of Circular No. 43 TC/QLCS dated July 31, 1996.

3. All outstanding debts of the Social Insurance for Farmers in Nghe An Province.

4. All files and documents related to contributions and benefits of participants in the Social Insurance for Farmers in Nghe An Province.

Article 5. Accounting Work During Transfer

1. The Social Insurance for Farmers in Nghe An Province must complete the following tasks:

a. Closing accounting books, inventorying assets, determining unpaid debts, and preparing financial statements according to the Charter of the Social Insurance for Farmers in Nghe An Province;

b. Opening accounting books to record economic and financial transactions related to the transfer and termination of operations of the Social Insurance for Farmers in Nghe An Province;

c. Transferring all accounting documents to the Social Insurance of Nghe An Province for management after completing the transfer process.

2. The Social Insurance of Nghe An Province shall record accounting books based on the transfer protocol as follows:

a. For funds from the Social Insurance Fund for Farmers in Nghe An Province specified in Clause 1, Article 4 of this Circular, they shall be recorded as income of the Voluntary Social Insurance Fund;

b. For funds from the operating expenses of the Social Insurance for Farmers in Nghe An Province, they shall be recorded as operating expenses of the Social Insurance of Nghe An Province;

c. For assets and working tools, they shall be recorded and monitored according to regulations on asset management of the Vietnam Social Security;

d. For outstanding debts of the Social Insurance for Farmers in Nghe An Province, they shall be recorded as outstanding debts of the Social Insurance of Nghe An Province corresponding to their content.

Article 6. Effectiveness

This Circular takes effect 45 days from the date of issuance and is implemented from the date Decision No. 41/2009/QĐ-TTg dated March 16, 2009 of the Prime Minister becomes effective.

Article 7. Implementation Organization

1. The Vietnam Social Security is responsible for organizing guidance and directing the Social Insurance of Nghe An Province to ensure accurate and timely implementation of the transfer as prescribed.

2. The Social Insurance of Nghe An Province is responsible for compiling the results of the transfer and reporting to the People's Committee of Nghe An Province and the Vietnam Social Security.

3. Regarding the management expenses for the number of staff transferred from the Social Insurance for Farmers in Nghe An Province to the Social Insurance of Nghe An Province according to the guidance of the Ministry of Home Affairs: The Social Insurance of Nghe An Province is responsible for preparing the budget for management expenses for these staff, after deducting the transferred management expenses from the Social Insurance for Farmers in Nghe An Province, in case of shortage, it is proposed to the Vietnam Social Security to compile and send a document to the Ministry of Finance for consideration and decision to supplement management expenses according to current regulations on financial management for the Vietnam Social Security.

4. In the course of implementing the transfer, if there are difficulties, they should be reported promptly to the Ministry of Finance for research and resolution./.