New regulations on increasing pensions for retired workers

Phương Minh |

Increase pensions for retired cadres, civil servants, public employees and armed forces according to new regulations is based on the Law on Social Insurance 2024.

According to Article 67 of the Law on Social Insurance 2024 (effective from July 1, 2025), pension adjustment is regulated:

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.

Adjust the pension increase appropriately for those with low pensions and those who retired before 1995 to ensure narrowing the pension gap between retirees in different periods.

The Government shall prescribe the time, subjects, and pension adjustment levels prescribed in this Article.

Accordingly, the retired cadres, civil servants, public employees and armed forces can have their pensions adjusted based on the increase in the consumer price index in accordance with the capacity of the State budget and the social insurance fund.

For cadres, civil servants, public employees and armed forces who retired before 1995 with low pensions, the pension increase will be adjusted appropriately to ensure narrowing the pension gap between retirees in different periods.

The pension increase will be specifically regulated by the Government.

Phương Minh
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