Mr. Phan Van Men - Director of Social Insurance (Social Insurance) of Hanoi - said that in August 2024, 97.25% of beneficiaries of pensions and social insurance benefits received it through payment into personal accounts . workers - about 578,000 people; The remaining 16,100 people will receive cash.
Leaders of Hanoi Social Insurance added that the unit is preparing about 4,100 billion VND to pay pensions and social insurance benefits for people in August 2024.
Compared to receiving money directly, receiving money through a bank account brings many advantages and conveniences for people as well as social insurance agencies in reducing the amount of cash transactions in accordance with the Government's policy. .
Regarding advantages, people receiving pensions, social insurance benefits, and unemployment insurance (UI) do not have to go to a centralized location to receive them, but the money will be paid directly into their personal accounts. With this form, pensioners can receive their pension safely and accurately, without needing authorization to receive it (if absent).
In particular, beneficiaries receive free support for opening accounts, issuing ATM cards, registering for e-banking services, making payments, and transferring money online without using cash; receive bank interest without withdrawing all monthly pension and social insurance benefits from the ATM account.
Mr. Bui Van Son (Cau Giay district, Hanoi) has enjoyed a pension for many years. Due to his old age, after carefully reviewing the procedures, he decided to change the form of pension receipt from cash to pension receipt through personal account.
Mr. Bui Van Son said that now he can receive his pension as soon as it is due without having to spend any travel costs and time. Receiving pension through a bank account is very safe and cost-effective. So he is satisfied with this approach of the Social Insurance industry.
In addition, the procedure for converting from receiving pensions and social insurance benefits at payment points to receiving via non-cash methods is very simple and easy to implement. Pension beneficiaries only need to bring their citizen identification card to the bank to be issued an account number, fill out the "Notification of change in beneficiary information" form and submit it to the "one-stop" department of the local social insurance agency. direction.
According to Hanoi Social Insurance, there are still some difficulties in growing the number of people receiving monthly pensions and social insurance benefits through personal accounts at banks, such as many beneficiaries being elderly and having difficulty accessing them. information, used to using cash; Many people do not understand the features and benefits of non-cash payment, so they are not ready to convert. In addition, in some suburban districts of Hanoi, the banking system is gradually expanding, so beneficiaries' banking transactions are also limited in accessing and using services...
And to enhance implementation efficiency, Hanoi Social Insurance continues to coordinate with relevant units to synchronously implement solutions. In particular, continue to promote widespread propaganda about the benefits of receiving pensions and social insurance benefits by non-cash methods; Coordinate to review and classify beneficiaries to have appropriate measures to propagate and support account opening. Commercial banks need to have plans to upgrade convenient service infrastructure for people...
In the coming time, social insurance agencies of districts, towns and cities will continue to send officials to coordinate with payment staff to guide beneficiaries to continue registering to receive salaries via their accounts.
In addition, no matter what form people receive their social insurance pensions, Hanoi Social Insurance officials are ready to serve, ensuring beneficiaries receive the fastest and safest benefits.
