Decision No. 425/TTg stipulates that the Vietnam Social Security shall be assigned the task of disbursing disability and social assistance benefits and benefits for persons with meritorious service, with a fee of 0.52% of the total amount of benefits. The Ministry of Labor, War Invalids and Social Affairs and the Ministry of Finance shall guide the implementation of this decision.
Scope of application
Vietnam Social Security
Key points
- Vietnam Social Security → receives an average nationwide disbursement fee of 0.52% calculated on the total amount of disability and social assistance benefits and benefits for persons with meritorious service.
- The specific rate in each locality is determined by the General Director of the Vietnam Social Security.
- The Ministry of Labor, War Invalids and Social Affairs and the Ministry of Finance → guide the implementation of this decision.
🌐 Social impact of this document
- Citizens benefit from the faster and more effective disbursement of benefits due to the involvement of the Vietnam Social Security.
- Enterprises may face a burden regarding the fee as they must contribute to the disbursement fund.
❓ Frequently asked questions
What is the average nationwide disbursement fee?
The average nationwide disbursement fee is 0.52% calculated on the total amount of disability and social assistance benefits and benefits for persons with meritorious service.
From where does the Vietnam Social Security receive this fee?
The Vietnam Social Security receives this fee from the disbursement fund for disability and social assistance benefits and benefits for persons with meritorious service.
Who determines the specific rate in each locality?
The specific rate in each locality is determined by the General Director of the Vietnam Social Security.
What responsibility do the Ministry of Labor, War Invalids and Social Affairs and the Ministry of Finance have?
The Ministry of Labor, War Invalids and Social Affairs and the Ministry of Finance guide the implementation of this decision.
When does this decision take effect?
This decision takes effect from August 1, 1995.
Full text
Pursuant to …;
ON THE ASSIGNMENT OF THE SOCIAL INSURANCE OF VIETNAM TO HANDLE THE PAYMENT OF WAR INVALIDS AND SOCIAL AID BENEFITS
AND CITIZENS WITH MERIT
PRIME MINISTER
Pursuant to the Government Organization Law dated September 30, 1992;
On the basis of Article 150 of the Labor Code;
Considering the proposal of the Minister of Labor, War Invalids and Social Affairs, and the Chairman of the Management Board of the Vietnam Social Insurance;
DECISION:
Article 1. The Vietnam Social Insurance is assigned the task of receiving funds and organizing payments to beneficiaries of preferential war invalids and social aid benefits and citizens with merit.
The Vietnam Social Insurance shall receive a general average disbursement fee nationwide at 0.52% calculated on the total amount of war invalids and social aid benefits. The specific rate in each locality shall be determined by the General Director of the Vietnam Social Insurance.
Article 2. The Ministry of Labor, War Invalids and Social Affairs and the Ministry of Finance shall provide guidance on the implementation of this Decision.
Article 3. This Decision takes effect from August 1, 1995.
Article 4. The Minister, Heads of ministerial-level agencies, Heads of government-affiliated agencies, Chairmen of People's Committees of provinces and centrally governed cities, Chairman of the Management Board of the Vietnam Social Insurance, and the General Director of the Vietnam Social Insurance are responsible for implementing this Decision.
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