Quoc Thai Law Office (Hanoi) advises: Social Insurance Law No. 41/2024/QH15 was passed by the 15th National Assembly of the Socialist Republic of Vietnam, 7th session on June 29, 2024, effective from July 1, 2025, with regulations on regimes , procedures and procedures for implementing social pension benefits.
Accordingly, the monthly social pension allowance level is regulated by the Government in accordance with the socio-economic development conditions and the capacity of the state budget in each period. Every 3 years, the Government reviews and considers adjusting the social pension allowance level.
Depending on socio-economic conditions, budget balance capacity, and mobilization of social resources, the Provincial People's Committee shall submit to the People's Council of the same level a decision on additional support for social pension beneficiaries.
In case the subjects specified in Article 21 of this Law are also subjects receiving monthly social allowances, they shall receive a higher allowance regime.
People receiving monthly social pension benefits have their health insurance paid for by the state budget according to the provisions of the law on health insurance. When they die, the organization or individual in charge of the funeral will receive support for funeral expenses according to the provisions of the law on the elderly.
The Government prescribes the procedures for implementing social pension benefits.