Mr. Bui Van Toan (Cau Giay, Hanoi) wondered if his pension will increase by 15% from July 1, 2024. If he retires from September 1, 2024, will he be compensated for the 15% increase in pension ?
Vietnam Social Security responded:
Clause 1, Article 1, Decree No. 75/2024/ND-CP dated June 30, 2024 of the Government on adjusting pensions, social insurance benefits and monthly benefits, regulating the adjustment of pension levels and insurance benefits Social insurance and monthly benefits for those receiving pensions, social insurance benefits and monthly benefits before July 1, 2024.
Therefore, the case of readers retiring from September 1, 2024 is not subject to regulation by Decree No. 75/2024/ND-CP mentioned above.
