Clause 2, Article 99 of Chapter VI on voluntary social insurance of the 2024 Law on Social Insurance stipulates as follows:
Monthly pension level
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2. Pension adjustment is carried out according to the provisions of Article 67 of this Law.
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Article 67 of the 2024 Law on Social Insurance stipulates as follows:
1. Pensions are adjusted based on the increase in the consumer price index in accordance with the capacity of the state budget and the social insurance fund.
2. Adjust the pension increase level appropriately for subjects with low pensions and retiring before 1995 to ensure narrowing the pension gap between retirees in different periods.
3. The Government shall stipulate the time, subjects, and level of pension adjustment specified in this Article.
Thus, pensions for subjects participating in voluntary social insurance can be adjusted based on the increase in the consumer price index in accordance with the capacity of the state budget and the social insurance fund. The Government stipulates the time, subjects, and level of pension adjustment.
