Sunday, December 11 2016

VietNamNews

Bắc Giang businesses owe VND100b in social insurance

Update: November, 28/2016 - 12:02
Businesses’ delaying of social insurance payment impact nearly 200,000 labourers in the northern province of Bắc Giang. — Photo vov.vn
Viet Nam News

BẮC GIANG — Social and health insurance for labourers worth VNĐ100 billion (US$ 4.4 million) hasn’t been paid by 600 businesses operating in northern Bắc Giang Province – accounting for 30 per cent of all businesses participating in the social and health insurance scheme.

Some 190,000 labourers – 70 per cent of which are employed by businesses – are covered under obligatory social insurance.

Some businesses have incurred a considerable amount of overdue social insurance debt, which proves increasingly difficult to recover, greatly impacting labourers’ interests.

The provincial People’s Committee has directed all relevant agencies, departments and businesses to review and better comply with the implementation of the Law on Social Insurance, in addition to admonishing businesses with overdue debt and ensuring they make a binding commitment not to violate terms again.

To deal with overdue debt, the provincial social insurance organisation shall inspect, classify and implement enforcement measures via bank accounts or request unions to initiate lawsuits if businesses deliberately evade insurance payment.

With these measures, the province’s authorities expect to resolve outstanding insurance debts by 2017.—VNS

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