Unemployment insurance fund reaches 7.9tr dong

Till the end of December 2010, 7.05 million people registered to join the unemployment insurance, according to the Ministry of Labor, Invalids and and Social Affairs (Molisa).

Starting from January 1, 2009, the Social Insurance Law on Unemployment Insurance has come to effect. After two years of implementation, till the end of December 2010, Vietnam had 7.05 million people joining the unemployment insurance (accounting for 75% of the total number of laborers involved in compulsory insurance), increasing nearly 20% against 2009′s. The total revenue from unemployment insurance fee reached 8.3 trillion dong.

Up to the end of February 2011, there were about 176,900 workers enjoying the unemployment benefits on a total of 225,600 laborers registering to join the unemployment insurance with a total budget of about 544 billion dong. 82.2% of them had been introduced about jobs.

Unemployment insurance fund balance is now up to 7.936 trillion dong. In the coming time, the ministry will propose to give measures to balance this fund. – Vietbiz24

Tags: Unemployment insurance fund

Posted by VBN on Apr 4 2011. Filed under Banking-Finance, Insurance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry