According to Decree 162/2026/ND-CP of the Government, from July 1, 2026, pensions and social insurance allowances will increase by an additional 8%.
Ms. Nguyen Thi Huong in Quang Ninh said that her family was very happy to hear the information that her mother's pension was increased from July 1.
My mother's house is in Bac Ninh, I married in Quang Ninh. For us, the health and joy of parents when they retire are the most important. Recently, when I visited my mother's house, I saw my mother happy when her pension increased from 1.7. For us, it is a source of spiritual encouragement," Ms. Huong shared.
According to Ms. Huong, when mothers have more joy in old age, children and grandchildren in the family also feel more secure.
Talking to Lao Dong Newspaper, Mr. Nguyen Cong Huyen, a retired official in Hanoi, said that he and his wife have been retiring for nearly 10 years.
In recent days, my family seems happier when receiving information about pension increases. Because pension increases contribute to increasing material and spiritual resources, and children are also more comfortable," Mr. Huyen said.
According to Mr. Huyen, in addition to the economic significance, pension increases also help many elderly people feel more concerned after many years of working.
Vietnam Social Security (BHXH) said that currently there are about 3.5 million people nationwide receiving monthly pensions.
According to data from Vietnam Social Security, by the end of 2025, the number of social insurance participants reached 21.53 million people, an increase of 6.80 million people compared to 2018, equivalent to an increase of 46.14%.
The rate of working-age labor participating in social insurance reached 45.11%, an increase of 14.86% compared to 2018.
Vietnam Social Security added that, according to a recent report, the number of people receiving pensions over 20 million VND/month is currently 11,560 people (before the pension increase):
According to Decree 162/2026/ND-CP, the adjustment to increase pensions and social insurance allowances from July 1, 2026 is applied to groups of subjects who are receiving pensions, social insurance allowances and monthly allowances according to regulations.
Information about pension increases in recent days has received the attention of many people, especially families with parents and relatives receiving pensions.
Many people believe that increasing pensions not only helps improve income for retirees but also creates more joy and peace of mind for children and grandchildren in the family.
Currently, pensions are still a stable source of income for many elderly people after leaving the labor market. The pension increase is expected by many to contribute to supporting the daily life and activities of retirees.
