TO SETTLE TEMPORARY CESSATION OF CONTRIBUTION TO THE RETIREMENT FUND FOR 12 MONTHS MAXIMUM
On July 14, 2020, the Government promulgates the Resolution No. 105/NQ-CP on the teleconference between the Government and localities and the Government’s regular meeting on June 2020.
Accordingly, the Government requests agencies, ministries, sectors and localities to focus on performing the following contents:
Firstly, the Ministry of Planning and Investment shall assume the prime responsibility for and coordinate with the concerned ministries and agencies in formulating the growth scenarios for the third and fourth quarters of 2020 by sectors, domains and of the whole country; promptly adjust the plan of public investment in the central budget in 2020 among ministries, central agencies and provinces; etc.
Secondly, the Vietnam Social Security shall study and report to the competent authorities for consideration and settlement of temporary cessation of contribution to the retirement and survivorship fund for a maximum period of 12 months for units and employees facing difficulties due to the COVID-19 pandemic. Such suspension shall temporarily remain until December 2020.
Thirdly, the Ministry of Education and Training shall properly prepare conditions for the 2020-2021 academic school year, applying textbooks for the new general education program, ensuring the long-term, economical, and effective use of textbooks.
Fourthly, the Ministry of Finance shall promptly handle and provide funding for provinces to implement policies to support people in difficulties due to the COVID-19 pandemic as prescribed; etc.
