Unemployment benefits are an important social insurance regime for workers when they lose their jobs. From July 1, 2024, the maximum level of unemployment benefits will change significantly. Follow the following article by Long Phan to be provided with detailed information about unemployment insurance participants, benefit levels, eligibility conditions and consulting services related to unemployment insurance in 2024.

Subjects are required to participate in unemployment insurance

Pursuant to Article 43 of the Law on Employment 2013, there are specific regulations on subjects required to participate in unemployment insurance, including the following subjects:

Employees must participate in unemployment insurance when working under a labor contract or employment contract as follows:

• Labor contract or working contract of indefinite term;
• Labor contract or fixed-term working contract;
• Seasonal labor contracts or for a certain job have a term of from 3 full months to less than 12 months.

Note: In case an employee signs and is performing multiple labor contracts as prescribed above, the employee and the employer of the first labor contract are responsible for participating in insurance. unemployment.

Note: Employees as prescribed in Clause 1, Article 43 of the Law on Employment 2013 who are receiving pensions or working as domestic workers are not required to participate in unemployment insurance.

Employers participating in unemployment insurance include state agencies, public service units, and people’s armed forces units; political organizations, socio-political organizations, socio-political-professional organizations, social organizations, socio-professional organizations; foreign agencies, organizations, and international organizations operating in Vietnamese territory; Enterprises, cooperatives, households, business households, cooperative groups, other organizations and individuals that hire or employ workers under work contracts or labor contracts specified in Clause 1, Article 43 Law on Employment 2013.

Maximum unemployment benefit from July 1, 2024 for employees

The calculation of unemployment benefits is prescribed as follows:

Monthly unemployment benefit = 60% of the average monthly salary paid for unemployment insurance of the 6 consecutive months before unemployment.

Pursuant to Article 50 of the Law on Employment 2013, the maximum level of unemployment benefits from July 1, 2024 for employees is as follows:

• No more than 05 times the base salary for employees subject to the salary regime prescribed by the State.
• No more than 0.5 times the regional minimum wage according to the provisions of the 2019 Labor Code for employees paying unemployment insurance according to the salary regime decided by the employer.

And according to the provisions of Article 3 of Decree 73/2024/ND-CP, from July 1, 2024, the base salary for employees subject to the salary regime prescribed by the State is 2,340,000. VND/month.

In addition, based on Article 3 of Decree 74/2024/ND-CP, from July 1, 2024, the regional minimum wage for employees paying unemployment insurance according to the salary regime set by the employer decided as follows:

• Region 1 is 4,960,000 VND/month.
• Region 2 is 4,410,000 VND/month.
• Region 3 is 3,860,000 VND/month.
• Region 4 is 3,450,000 VND/month.

Accordingly, the maximum unemployment benefit from July 1, 2024 for employees is as follows:

• Employees subject to the salary regime prescribed by the State are 11,700,000 VND/month.
• Employees pay unemployment insurance according to the salary regime decided by the employer: 24,800,000 VND/month (Region 1), 22,050,000 VND/month (Region 2), 19,300,000 VND/month month (Region 3), 17,250,000 VND/month (Region 4).

Conditions for receiving unemployment benefits for workers who are paying insurance

Employees who want to receive unemployment benefits need to meet a number of conditions according to the Law on Employment 2013. Pursuant to the provisions of Article 49 of the Law on Employment 2013, employees who are paying unemployment insurance are entitled to unemployment benefits. when the following conditions are met:

1. Termination of labor contract or work contract. Except for the following cases:

• The employee unilaterally terminates the labor contract or working contract illegally;
• Receive monthly pension and disability allowance.

1. Have paid unemployment insurance for 12 months or more within 24 months before terminating the labor contract or working contract for labor contracts or working contracts with indefinite term and labor contracts employment or fixed-term employment contract.
2. Have applied for unemployment benefits at the employment service center.
3. Haven’t found a job after 15 days from the date of filing for unemployment insurance. Except for the following cases:

• Perform military service and police service;
• Going to study for a period of 12 months or more;
• Comply with the decision to apply the measure of sending to reformatories, compulsory education establishments, and compulsory detoxification establishments;
• Detained; serve a prison sentence;
• Settling abroad;
• Working abroad under contract;
• Die

Consulting services to receive unemployment insurance benefits according to standards in 2024

Consulting service for receiving unemployment insurance benefits in 2024 provides detailed information about benefits and procedures for receiving benefits. Customers will be instructed on how to calculate the benefit level, benefit period, and necessary documents. With his experience, Long Phan can advise and support you effectively in the process of implementing relevant regulations on unemployment insurance benefits. Long Phan’s services include:

• Consulting on how to calculate subsidy levels;
• Consulting on conditions for unemployment insurance;
• Consulting on documents to prepare and necessary documents according to the latest regulations;
• Support to answer questions about where to submit applications and processing deadlines;
• Support instructions on filling out the application form.

Unemployment benefits are an essential benefit for workers when they lose their job. Understanding the new regulations from July 1, 2024 helps customers ensure they receive full benefits.

For detailed support on registration procedures, calculation of subsidy levels and related benefits, please contact Long Phan via hotline. 0906735386 to get all your questions answered and ensure customers receive full unemployment insurance benefits according to the latest regulations.