Millions of people receive pensions and social insurance allowances from June

HƯƠNG NHA |

Social insurance (BHXH) in localities is implementing the plan to pay pensions and social insurance allowances in June.

In Hanoi, according to Vietnam Social Security regulations, the payment of pensions and allowances through personal accounts is carried out on the second working day of the month. In June, the second working day falls on Tuesday (June 2).

Accordingly, beneficiaries receiving money through accounts will be allowed to transfer money from June 2. For the form of receiving cash, the social insurance agency coordinates with the post office to organize payment from June 5. Direct payment time ensures at least 6 hours per day.

At transaction points of payment service units, the payment of pensions and allowances is carried out from June 12 to the end of June 25. In case the payment time coincides with a weekend or holiday, the payment will be transferred to the next working day.

In Ho Chi Minh City, the June pension and social insurance allowance payment schedule continues to be implemented according to the city's social insurance plan. Specifically, for recipients through personal accounts, money will be transferred from the first working day of the month, i.e., June 1st.

In Official Dispatch 1343/BHXH-TCKT on pension and allowance payment from the July 2025 payment period, Vietnam Social Security said that the forms of pension and allowance payment include: Payment of pensions and allowances through personal accounts; Payment of pensions and allowances in cash and setting of payment time of provinces and cities.

According to the plan, 21 provinces and cities including Son La, Dien Bien, Lang Son, Nghe An, Quang Ninh, Cao Bang, Bac Ninh, Hung Yen, Ninh Binh, Phu Tho, Tuyen Quang, Hue, Gia Lai, Khanh Hoa, Lam Dong, Dak Lak, Ho Chi Minh City, Can Tho, Vinh Long, Ca Mau and Kien Giang will make payments on the first working day of the month. For June, the above 21 provinces and cities will make transfer payments to bank accounts on June 1.

While 13 localities including Hanoi, Lai Chau, Thanh Hoa, Thai Nguyen, Hai Phong, Ha Tinh, Quang Tri, Lao Cai, Quang Ngai, Da Nang, Dong Nai, Tay Ninh and Dong Thap paid on the second working day of the month, which is June 2.

According to the 2024 Law on Social Insurance, the power of attorney to receive pensions, social insurance allowances and other regimes is valid for a maximum of 12 months from the date of establishment.

For power of attorneys issued under the 2014 Law on Social Insurance still in effect, people are allowed to continue to use them but not more than June 30, 2026. After this milestone, if there is still a need to receive them on their behalf, the beneficiary must reissue the power of attorney according to new regulations.

For people who cannot walk such as being bedridden or having an accident, the social insurance agency will coordinate with the local shock team to support the certification of authorization signatures through the head of the residential group and professional staff to confirm papers at home.

If they do not remember the social insurance code, people need to bring a citizen identification card or present level 2 VNeID for officials to look up on the system. In the long term, the social insurance agency encourages people to receive pensions through their own accounts (ATM cards) to ensure safety and convenience.

HƯƠNG NHA
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Pension increase from July 1: Low-income beneficiaries under 3.8 million VND are additionally supported

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Officially increase pension by 8%, experts propose additional overall social security package

LƯƠNG HẠNH |

Many experts believe that the 8% pension increase is appropriate, but in the long term, more social security solutions are needed to ensure the sustainability of the social insurance fund.