Minimum salary for social insurance contributions in 2022
- 21/07/2022 12:46
1. Monthly salary for calculation of payment of compulsory social insurance:
️⛳ Pursuant to Clause 2, Article 89 of the Law on Social Insurance 2014 stipulates that the monthly salary for payment of compulsory social insurance includes the following items:
◾ Salary
◾ Salary Allowance
◾ Other additional amounts as prescribed by the labor law.
2. Minimum monthly salary for social insurance payment in 2022:
⏩ Pursuant to Decision 595/QD-BHXH dated April 14, 2017, the minimum monthly salary for payment of compulsory social insurance is prescribed as follows:
✔ For employees who do the simplest jobs or titles in normal working conditions: Not lower than the regional minimum wage at the time of closing.
✔ For employees who do jobs or titles that require trained or apprenticed workers: At least 7% higher than the regional minimum wage.
✔ For employees doing jobs or titles in heavy, hazardous, or dangerous working conditions: At least 5% higher than the salary of jobs or titles of equivalent complexity, working under normal working conditions.
✔ For employees doing jobs or titles in particularly heavy, hazardous, or dangerous working conditions: At least 7% higher than the salary of jobs or titles of equivalent complexity, working under normal working conditions.
⏩ Specifically, the expected minimum salary for compulsory social insurance payment in 2022 is as follows: (Unit: VND/month)
Region |
People working in normal conditions |
People who have undergone vocational training |
People working in heavy and dangerous conditions |
Persons working in particularly heavy and dangerous conditions |
||
Simple job |
The job requires trained or apprenticed workers |
Simple job |
The job requires trained or apprenticed workers |
|||
I |
4.680.000 |
5.007.600 |
4.914.000 |
5.257.980 |
5.007.600 |
5.358.132 |
II |
4.160.000 |
4.451.200 |
4.368.000 |
4.673.760 |
4.451.200 |
4.762.784 |
III |
3.640.000 |
3.894.800 |
3.822.000 |
4.089.540 |
3.894.800 |
4.167.436 |
IV |
3.250.000 |
3.477.500 |
3.412.500 |
3.583.125 |
3.477.500 |
3.651.375 |
3. Maximum monthly salary for social insurance payment in 2022:
👉 The maximum monthly salary for which compulsory social insurance is paid according to the provisions of Clause 3, Article 6 of Decision 595/QD-BHXH dated April 14, 2017, will be 20 months of base salary.
👉 Currently, according to Decree 128/2020/QH14, the base salary in 2022 remains the same at 1.49 million VND/month.
👉 Thus, the maximum monthly salary for which compulsory social insurance is paid is: 20 x 1.49 = 29.8 million VND/month.
⇒ If you have any questions, please register here for TASCO's earliest advice or contact hotline: 0975480868 (Zalo)
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