Pension reform
3.4 million people receive pension increase, 8% allowance from July 1. 2026
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From July 1, 2026, according to Decree 162/2026/ND-CP, the pension and social insurance allowance will increase by an additional 8%.
Officially increase 8% pension for 9 groups of subjects from July 1
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From July 1, 2026, according to Decree 162/2026/ND-CP, the pension and social insurance allowance will increase by an additional 8%.
Not redoing the power of attorney, pension reception may be interrupted
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Vietnam Social Security recommends that people carry out authorization procedures to receive pensions so as not to be interrupted from July 1, 2026.
Not yet eligible to receive pension still receives monthly allowance
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People reaching retirement age but not having enough time to pay social insurance to receive pensions, helping to ensure income and medical care in old age.
People can receive pensions when participating in social insurance at the age of 50 according to new law
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Vietnam Social Security said that people participating in social insurance late (from 45 to 50 years old) can still receive pensions instead of only receiving one-time social insurance benefits as before.
The number of people receiving monthly pensions and social insurance allowances has increased by nearly 410,000 people
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By the end of March 2026, the whole country will pay monthly pensions and social insurance allowances to more than 3.5 million people; an increase of nearly 410,000 people compared to 2018.
88% of people receive pensions via transfer
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According to Vietnam Social Security, currently, 88% of people have received pensions through transfers.
Pension recipients in Hanoi need to pay attention from July 1st
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From July 1, some important changes related to pensions in Hanoi are officially applied.
Proposal to add new beneficiaries to the 8% pension increase roadmap expected from July 1
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The group currently receiving monthly allowances according to the provisions of Article 23 of the 2024 Law on Social Insurance has been included in the 8% pension increase roadmap expected from July 1.
3.5 million people receive pensions, of which 11,560 people receive over 20 million VND/month
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Vietnam Social Security said that currently there are 3.5 million people nationwide receiving monthly pensions.
Draft pension adjustment receives many comments from people
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In the draft document on pension adjustment, the drafting agency received many opinions from the people.
Regulations adjusting pensions in the past time do not ensure the principle of contribution - benefit
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Summarizing the adjustment of pensions in the past, the Ministry of Home Affairs pointed out inadequacies that do not ensure the principle of contribution - benefit.
More new subjects proposed to increase pensions and allowances by 8% from July 1
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The Ministry of Home Affairs proposes an increase of 8% in pensions, social insurance allowances and monthly allowances from July 1, 2026, applicable to 10 groups of subjects.
Pensions proposed to increase by 8% from July 1st
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In the latest draft decree, the Ministry of Home Affairs only proposed 1 option to increase pensions and allowances from July 1, instead of 2 options as before.
Freelance workers still have pensions: Wide door open from voluntary social insurance
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In fact, pensions are not only a monthly income but also a long-term security guarantee.
