Policy implementation costs
Article 6 of the Decree detailing and guiding the implementation of a number of articles of the Law on Social Insurance on social pension allowances clearly states that the funding source is used to implement the social pension allowance regime, organize payment, propaganda, appraisal of beneficiaries, application of information technology, training and capacity building of officials, inspection and supervision.
The preparation of estimates, allocation, use and finalization of funds must comply with regulations on the state budget.
Prioritize account-based payment
Social pension allowances must be paid promptly, fully and to the right beneficiaries. The State prioritizes payment through bank accounts or social security accounts.
Payment services are selected according to the form of contractor selection in special cases. The service provider must meet the criteria and conditions issued by the Provincial People's Committee and implement the contractor selection process in accordance with regulations.
Payment through service organizations is carried out on the basis of a contract between the commune-level People's Committee and the service provider. The contract must clearly stipulate the subjects, scope, method of payment, time, location, costs, settlement and responsibilities of the parties.
The commune transfers funds before the 25th of each month
Before the 25th of each month, the commune-level People's Committee shall base on the list of beneficiaries of the following month's allowance to withdraw funds from the State Treasury and transfer them to the account of the service organization for payment.
This funding includes allowances, retroactive payments, funeral expenses and unpaid amounts from previous months (if any). The commune-level People's Committee also transfers the list of beneficiaries to the paying unit and assigns people to supervise the payment process.
After making payments, the service organization must summarize the number of people who have received money, the amount spent, the cases that have not received, and the remaining funds. Documents, signed lists, and transfer documents must be sent to the commune-level People's Committee before the 20th of each month for summarization and settlement according to regulations.
The Ministry of Finance is responsible for guiding the implementation of the above-mentioned funding regulations.
