Disseminate new policies in the Social Insurance Law 2024 to freelance workers

Reduce the number of people withdrawing social insurance at one time

Ms. Nguyen Thi Van (54 years old), residing in Phong Son Commune (Phong Dien Town) has been working at Scavi Hue Company since 2012. After more than 13 years as a garment worker, due to the nature of her job, which requires a lot of sitting, little movement and her old age, she often gets sick and has many times planned to quit her job to complete the procedures for receiving a one-time social insurance payment. According to her, according to the regulations, she must participate in social insurance for 20 years to receive a pension, and she is still 7 years short.

“After Tet At Ty, I planned to quit my job to withdraw my social insurance at once. However, after the HR staff informed me about the new social insurance policy, in which from July 1, 2025, employees who have participated in social insurance for only 15 years will be eligible for a pension, so I decided to stay and work to receive a pension later instead of withdrawing my social insurance at once,” Ms. Van shared.

The 2024 Social Insurance Law stipulates that employees who reach retirement age and have paid social insurance for 15 years or more are entitled to receive a monthly pension, creating an opportunity for late participants or those who participate intermittently to accumulate 15 years of contributions (instead of 20 years as before) to receive a monthly pension instead of having to receive social insurance in one lump sum.

Along with employees participating in compulsory social insurance, the regulation reducing the minimum number of years of social insurance contributions to receive pension from 20 years to 15 years also contributes to creating conditions for employees to freely participate in voluntary social insurance to have the opportunity to receive pension. Because, with the voluntary social insurance policy, the participants are mainly between the ages of 35 - 45. Therefore, if having to participate for 20 years is too long and the amount of contribution is too large, the work of developing participants will encounter many difficulties.

Deputy Director of Thua Thien Hue An Sinh Insurance Joint Stock Company, Ms. Nguyen Thi My Huong, said that since the beginning of the year, the development of voluntary social insurance participants has been favorable and attracted many freelance workers to participate when the regulation reduced the minimum number of years of social insurance contributions to receive pension from 20 years to 15 years. This regulation has also contributed to helping many workers quit their jobs at agencies and enterprises to extend their insurance coverage to access pensions when they have participated in compulsory social insurance for over 10 years.

Increasing access to pensions

According to Deputy Director of Hue City Social Insurance, Ms. Bui Thi Thu Ly, the 2024 Social Insurance Law, which will take effect from July 1, 2025, stipulates a reduction in the minimum number of years of social insurance contributions to receive pensions from 20 years to 15 years, which has contributed to increasing the opportunities for social insurance participants to receive pensions. This regulation further affirms that the social insurance policy is truly a key pillar of the social security system, gradually expanding the coverage of social insurance, towards the goal of universal social insurance.

To bring the new regulations of the Social Insurance Law 2024 to the people, since the beginning of the year, the insurance agency has also coordinated to promote communication work with many diverse, rich and modern forms. At the same time, strengthen the role of units according to the signed 3-party coordination regulations (including the Social Insurance agency, the People's Committees of communes, wards and towns and collection service organizations), organize customer conferences, and disseminate information in small groups to help people and employees clearly understand the rights and benefits of participating in social insurance on the basis of correct, complete and profound awareness of the Party's guidelines and viewpoints, the State's policies and laws on social insurance, thereby creating consensus and proactive participation.

Article and photos: Ngoc Khanh

Source: https://huengaynay.vn/chinh-tri-xa-hoi/an-sinh-xa-hoi/luat-bhxh-2024-co-hieu-luc-tu-ngay-1-7-2025-mo-rong-co-hoi-huong-luong-huu-153559.html