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The Ultimate Guide to Social Insurance Claims: Unlocking Your Benefits

Most Social Security beneficiaries opt for a lump-sum payment, especially those in urgent need of funds. This prompts the question: why is this the case, and how can one obtain this sum of money? Let's delve into this intriguing topic and unravel the answers together.

Administrator

2 September, 2024

Many workers nowadays prefer to opt for a one-time Social Insurance receipt instead of waiting until they are eligible for retirement benefits. However, not everyone fully understands this type of insurance, especially the procedures to receive the one-time Social Insurance payment. The following article aims to provide you with the information you may be seeking.

1 What is One-Time Social Insurance?

Social Insurance

According to Article 3 of the 2014 Social Insurance Law, Social Insurance is defined as a partial income replacement for employees in cases of sickness, maternity, work-related accidents, occupational diseases, old age, or death.

However, in certain circumstances, those participating in Social Insurance may be considered for a one-time Social Insurance settlement.

2 What are the Conditions for Receiving One-Time Social Insurance?

Cases for receiving one-time Social Insurance

Article 60, Clause 1, and Article 77, Clause 1 of the 2014 Social Insurance Law, along with Article 1, Clause 1 of Resolution 95/2013/QH13, outline the conditions under which employees are eligible for one-time Social Insurance as follows:

Reaching retirement age but having less than 20 years of Social Insurance contributions

Female workers in specialized or non-specialized positions in communes, wards, or townships who are 55 years and 4 months old (as of 2021) and have less than 15 years of Social Insurance contributions when they stop working and do not continue to participate in voluntary Social Insurance.

Citizens who are permanent residents abroad

Suffering from a severe illness that poses a danger to life, such as cancer, paralysis, ascites caused by liver cirrhosis, HIV progressing to AIDS, severe tuberculosis, leprosy, and some other diseases as specified by the Ministry of Health.

Police, military personnel who are discharged, retired, or dismissed and do not meet the conditions for receiving a pension

After one year of leaving work or participating in voluntary Social Insurance, if they do not continue to contribute after one year but have less than 20 years of Social Insurance contributions

3 Documents Required for One-Time Social Insurance Claim

Documents required for one-time Social Insurance claim

Based on Decision 222/QD-BHXH issued on February 25, 2021, the required documents for a one-time Social Insurance claim are as follows:

– Original Social Insurance Booklet.

– Original Application Form (Form No. 14-HSB).

– For those emigrating to another country, a certified copy of the Confirmation Letter from the competent authority regarding the renunciation of Vietnamese citizenship or a certified/notarized Vietnamese translation of one of the following documents:

Passport issued by a foreign country

Visa issued by a competent foreign authority with confirmation of entry permission for the purpose of permanent residence abroad.

Documents confirming the procedure for acquiring foreign citizenship; residence card, residence permit for a term of 5 years or more, or confirmation from a competent foreign authority.

In the case of suffering from life-threatening critical illnesses: Cancer, ascites caused by liver cirrhosis, severe tuberculosis, HIV progressing to AIDS, or paralysis, provide a copy or summary of the medical record indicating the inability to self-serve. For other diseases, replace with a Minute of the Medical Appraisal Council appraising the degree of labor capacity impairment at 81% or higher.

If there are fees for medical appraisal, provide the invoice and receipt for the medical appraisal fee along with a list of the contents of the medical appraisal (original) from the medical appraisal facility.

Original Personal Declaration regarding the period and location of service in the military with regional allowances for those who served in the military before January 1, 2007, in areas with regional allowances, where the social insurance code does not fully reflect the information for calculating regional allowances.

4 Procedures for Receiving One-Time Social Insurance

Procedures for receiving one-time Social Insurance

Once all the necessary documents are gathered, employees can follow these steps to receive the one-time Social Insurance payment:

Step 1: Prepare the documents (prepare one complete set of the above-mentioned documents)

Step 2: Submit the documents to the provincial/district Social Insurance agency where you reside, through the following methods:

Electronic transaction: Register to receive a verification code and send the electronic documents to the Vietnam Social Insurance Portal or through an I-VAN Organization (if you have registered for this service). If you do not convert the paper documents into electronic format, send them through the public postal service to the Social Insurance agency.

Public postal service:

Submit directly at the Social Insurance agency

The Social Insurance agency will receive and process the documents according to regulations.

Step 3: Receive the results of the settlement.

The deadline for settlement is a maximum of 5 working days from the date the Social Insurance agency receives the full set of required documents.

After that, the employee will receive the settlement results, including:

Related documents: Through the chosen method (directly at the Social Insurance agency or through the public postal service/electronic transaction)

Allowance amount

Receive directly at the Social Insurance agency/through the public postal service or through your personal account

If authorizing someone else to receive the payment on your behalf, follow the procedure “Authorization to receive Social Insurance benefits and unemployment benefits” or the original power of attorney in accordance with the law.

The above information covers all the latest documents and procedures for receiving one-time Social Insurance. Social Insurance is very beneficial as it is one of the long-term social welfare policies. Therefore, people should consider participating in one-time Social Insurance to ensure a secure future. Don’t forget to take note of the important information and requirements to be eligible for this allowance.

Frequently asked questions

Social insurance is a safety net that provides financial protection and access to benefits for individuals and their families in the event of life’s uncertainties such as illness, injury, unemployment, or old age. It is important because it ensures that people can meet their basic needs and maintain a decent standard of living during difficult times.

Eligibility for social insurance benefits varies depending on the specific program and jurisdiction. In general, individuals who have contributed to the social insurance system through payroll taxes or other means, and who meet certain criteria such as age, employment status, and medical condition, may be eligible for benefits.

There are several types of social insurance benefits available, including but not limited to: unemployment benefits, which provide temporary income support to those who have lost their jobs; disability benefits, which provide income support to those who are unable to work due to illness or injury; retirement benefits, which provide income support to older individuals; and health care benefits, which help cover the cost of medical expenses.

The process of claiming social insurance benefits can vary depending on the specific program and jurisdiction. In general, you will need to provide evidence of your eligibility, such as proof of identity, employment records, and medical documentation. You may also need to complete and submit forms, either online or in person, to the relevant government agency or insurance provider.

If your social insurance claim is denied, don’t panic. You have the right to appeal the decision. The appeals process will vary depending on the specific program and jurisdiction, but it typically involves requesting a review of your claim, providing additional evidence or information, and possibly attending a hearing. It may be helpful to seek assistance from a legal aid organization or a social worker during the appeals process.