Politics

Inspections over social insurance funds should be increased

Inspections over social insurance funds should be increased: lawmakers

Strengthening inspections over social insurance funds is essential given the hike in their management expenses in 2016 and 2017, heard the ongoing 24th session of the National Assembly Standing Committee in Hanoi on May 15.
Inspections over social insurance funds should be increased: lawmakers ảnh 1An overview of the function (Photo: VNA)

Hanoi (VNA) – Strengthening inspectionsover social insurance funds is essential given the hike in their managementexpenses in 2016 and 2017, heard the ongoing 24th session of the NationalAssembly Standing Committee in Hanoi on May 15.

Lawmakers held that the management cost forsocial insurance funds was higher than that proposed by the Government inReport No.480/BC-CP dated October 9, 2015 for the 2016-2018 period.

Specifically, the management cost rose 6.2percent to 612 billion VND or 26.7 million USD in 2016 and 13 percent to 1.38trillion VND or 60.3 million USD in 2017.

The figure is estimated to increase 21 percentto over 2.4 trillion VND (104.8 million USD) in 2018.

Legislators asked the Government to pay moreattention to ensuring the effective use of management expenses and encouragingmore people to join social insurance, health insurance and unemploymentinsurance annually.

They agreed with the Government’s proposal ofkeeping the social insurance and unemployment insurance management spendingrates at 2.15 percent in 2019, 2.0 percent in 2020, and 1.85 percent in 2021.

Deputies recommended reducing expenditure incase of failure to meet the estimates.

Vice Chairwoman of the National Assembly TongThi Phong urged relevant insurance agencies to increase communication campaignson the implementation of social, unemployment and health insurance policies inaddition to improving the management of insurance funds.

During the function, lawmakers reviewed theimplementation of Resolution No.1083/2015/UBTVQH13 issued by the NationalAssembly Standing Committee in 2015 on the management cost of social andunemployment insurance in 2016-2018 and the transfer of State budget to socialinsurance funds.-VNA
VNA
#inspections #social insurance funds #management expenses #24th session #National Assembly Standing Committee #unemployment insurance #health insurance #spending rates #policies #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

See more

Ambassador Do Hung Viet, head of the Vietnamese Permanent Mission to the UN, hands over the Vietnamese translation of the “Pact for the Future” to President of the 79th session of the UN General Assembly Philemon Yang. (Photo: VNA)

Vietnamese version of “Pact for the Future” presented at UN high-level event

The "Pact for the Future", adopted by world leaders at the Summit of the Future on September 22, 2024 in New York, outlines a shared vision and directions for cooperation across key areas to accelerate the implementation of the Sustainable Development Goals (SDGs), reinforce the multilateral system, and enhance the role and effectiveness of the UN.

Do Duc Duy is relieved of duties as NA deputy. (Photo: VNA)

Do Duc Duy relieved of duties as NA deputy

The National Assembly (NA) Standing Committee convened a meeting on July 19 to decide on relieving Do Duc Duy, member of the Lao Cai province’s NA delegation, from his position as NA deputy.

Prime Minister Pham Minh Chinh hands over decision assigning Acting Minister of Agriculture and Environment. (Photo: VNA)

PM hands over decision assigning acting minister of agriculture and environment

Prime Minister Pham Minh Chinh on July 19 presided over a ceremony to hand over a decision to assign Tran Duc Thang,member of the Party Central Committee and Standing Deputy Inspector General of the Government Inspectorate, to take up duties at the Ministry of Agriculture and Environment, serving as Acting Minister.

Party General Secretary To Lam speaks at the closing ceremony of the 12th plenum of the 13th Party Central Committee in Hanoi on July 19. (Photo: VNA)

Speech by Party chief at closing session of Party Central Committee’s 12th plenum

With revolutionary spirit and determination for continued renewal, the Party Central Committee decided to integrate the contents of three documents, including the political report, the socio-economic report, and the report on Party building, into a single consistent, unified, and synchronous political report to submit to the 14th National Party Congress.

At the closing session of the 12th plenary meeting of the 13th Central Party Committee. (Photo: VNA)

13th Party Central Committee wraps up 12th plenum

Party General Secretary To Lam asked the entire Party, people, and armed forces to remain steadfast in their faith, fuelled by the aspiration for development and the determination to drive forward comprehensive reform towards building a peaceful, developed, powerful, prosperous, and happy Vietnam.

Standing Deputy Inspector General of the Government Inspectorate Tran Duc Thang is assigned as acting Minister of Agriculture and Environment. (Photo: baochinhphu.vn)

PM assigns acting Minister of Agriculture and Environment

Prime Minister Pham Minh Chinh has signed a decision assigning Tran Duc Thang, a member of the Party Central Committee and Standing Deputy Inspector General of the Government Inspectorate, as acting Minister of Agriculture and Environment.

Deputy Foreign Minister Dang Hoang Giang (R) receives Ambassador of Switzerland to Vietnam Thomas Gass on July 18. (Photo: VNA)

Deputy FM works with diplomats of Morocco, Switzerland, Senegal

Deputy Foreign Minister Dang Hoang Giang said he hopes National Assembly Chairman Tran Thanh Man's upcoming trip will achieve substantive results, especially in trade, investment, agriculture, sustainable development, and innovation, and create a premise to deepen bilateral relations between Vietnam and the three countries.

☕ Afternoon briefing on July 18

☕ Afternoon briefing on July 18

The 12th session of the 13th Party Central Committee, the ninth political consultation between the Vietnamese and Cambodian foreign ministries, and the 2025 Vietnam-Laos Trade Fair are among news highlights on July 18.

Party General Secretary To Lam speaks at the 12th plenum of the 13th Party Central Committee in Hanoi on July 18. (Photo: VNA)

Party chief orders setting general goals, strategic breakthroughs in 2025-2030 term

In his opening speech, the Party chief highlighted the significance of the event, saying that the convening of the conference nearly three months earlier than the schedule demonstrates the proactive, urgent, and highly responsible spirit of the entire Party in comprehensively and thoroughly preparing the contents to be presented at the 14th National Party Congress.

Deputy PM and Minister of Foreign Affairs Bui Thanh Son. (Photo: VNA)

National Committee for APEC 2027 established

The National Committee for APEC 2027 is tasked with assisting the PM in considering, directing, and coordinating the performance of tasks related to the preparation for and organisation of APEC conferences and related activities in 2027.

The 12th plenum of the 13th Party Central Committee opened in Hanoi on the morning of July 18 (Photo: VNA)

Party Central Committee convenes 12th plenum

This plenum will focus discussions on three major groups of issues - preparations for the 14th National Party Congress; the development of a political and legal foundation for continued reform in the coming years; and personnel work.

Deputy Minister of Foreign Affairs Nguyen Minh Hang hold talks with Dr Mansour Ali Saeed Bajash, Deputy Minister for Foreign Affairs and Expatriates of Yemen, in Hanoi on July 17 (Photo: VNA)

Vietnam, Yemen seek to bolster bilateral relations

The two sides agreed on priority areas for future cooperation, including increased delegation exchanges, information sharing, and trade promotion, with a view to raising two-way trade above the current 50 million USD. They also discussed collaboration in the Halal industry.

☀️ Morning digest on July 18

☀️ Morning digest on July 18

PM Pham Minh Chinh's reception for Global Head of Equity and Multi Asset of FTSE Russell Gerald Toledano, the third meeting of the Vietnam – Azerbaijan Intergovernmental Committee on Economic – Trade and Scientific – Technical Cooperation, and the Foreign Ministry's regular press conference are among news highlights on July 17 evening.