Article 6 of the Law on Social Insurance 2024 stipulates as follows:
State policy on social insurance
1. Build a multi-layered social insurance system including social pension benefits, compulsory social insurance and voluntary social insurance, supplementary pension insurance to aim for coverage of the entire population according to a roadmap suitable to socio-economic development conditions.
2. Ensure the legitimate rights and interests of organizations and individuals participating in social insurance; have credit support policies for employees who have paid social insurance but lost their jobs.
3. The state budget ensures social pension benefits and some other benefits as prescribed in this Law.
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Thus, social pension benefits are guaranteed to be implemented by the state budget.
