Support for additional voluntary social insurance contributions for Khanh Hoa people

On January 23, news from the Khanh Hoa Provincial People's Council said that it had just passed a resolution regulating the level of voluntary social insurance (SI) support for participants in the province in the period of 2026 - 2030, to encourage people to participate in the social security system.

According to the resolution, the subjects of application are voluntary social insurance participants according to regulations, registered permanent residents in Khanh Hoa province.

At the same time, it applies to relevant agencies, organizations and individuals in the process of implementing the policy.

Regarding the support level, in addition to the support for voluntary social insurance contributions according to Government regulations, voluntary social insurance participants in Khanh Hoa province will be supported with an additional portion of the contribution fee.

The support level is calculated as a percentage (%) of the monthly voluntary social insurance contribution, based on the poverty line in rural areas, in accordance with the current poverty line.

Specifically, people from poor households; people living in island communes and special zones according to the regulations of the Government and the Prime Minister will be supported with an additional 30% of the contribution level.

People in near-poor households are supported with 25% of the contribution rate; voluntary social insurance participants who are ethnic minorities are supported with 15% of the contribution rate.

The remaining subjects are supported with 10% of the contribution rate.

The Resolution also clearly states that in cases where voluntary social insurance participants are also from many different groups of beneficiaries, only the highest support level will be applied.

The issuance of this resolution is expected to create more motivation for people, especially vulnerable groups and workers in the informal sector, to gradually approach and participate in voluntary social insurance, thereby contributing to expanding the coverage of social security in Khanh Hoa province in the coming period.

Ms. Nguyen Thi Hong (55 years old, small trader, Bac Nha Trang ward) said that she had considered participating in voluntary social insurance many times but was still hesitant because her income was unstable.

"Some businesses have unstable profits, each month they allocate a few hundred thousand VND to pay insurance, and are also hesitant. Now the province has provided more support, especially for the elderly like me, and they feel more secure. Having support is a motivation for long-term participation" - Ms. Hong said.

Meanwhile, Ms. Cao Thi Huong (32 years old, freelancer, ethnic minority) said that the new level of support shows concern for vulnerable groups.

Low-income ethnic minorities have few opportunities to participate in insurance. Although the 15% support is not too large, it is an encouragement. Hopefully, the procedures will be simple so that people can easily access them in the future" - Ms. Huong shared.

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