Analyzing the Situation of Increasing One-Time Social Insurance Withdrawals in Vietnam Policy Recommendations

In Vietnam, the situation of employees stopping participating in social insurance and withdrawing one-time social insurance has been an increasing trend in recent years, greatly affecting the implementation of the objectives of the social insurance policy. In this article, using secondary data collection methods and descriptive, comparative and contrasting statistical methods, the author has analyzed the current situation of legal regulations and the increasing situation of withdrawals from Onetime social insurance in Vietnam, analyzing the impact factors and challenges posed to employees and the social security system. The authors have proposed several recommendations and policy implications to limit the status of one-time social insurance benefits, towards realizing the goal of expanding social insurance coverage and ensuring income security for employees in their old age.