The Ministry of Labor, Invalids and Social Affairs (MOLISA) released Official Letter 1511/LDTBXH-BHXH, dated May 4, 2020 to specify conditions for enterprises to suspend contributions to the pension fund and death benefit fund.  

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Cases of suspension include: (1) Business operation has been suspended for at least one month due to changes in structure, technology, crisis, economic depression or execution of state policies upon economy restructuring or fulfillment of international agreements; (2) Difficulties caused by any natural disaster, conflagration, epidemic or crop failure. 

Conditions for suspending contribution to the pension fund and death benefit fund: 

+ The work assignment is impossible to provide for employees of whom the percentage of those subject to social insurance (SI) payment account for at least 50% of the total number of present employees before the suspension. 

+ The loss caused by natural disasters, fire, epidemic or crop failure is over 50% of the total assets (excluding land). 

+ Having fully paid SI premiums by the end of January 2020 and downsizing at least 50% of the employees who have paid SI over the period from January 2020 to the date of application. 

+ Employees suspending the performance of their LCs for a minimum period of 14 working days in the month. 

+ Employees taking unpaid leave for a minimum period of 14 working days in the month. 

+ Employees suspending their jobs for a minimum period of 14 working days in the month.