Pensions are proposed to increase by 4.5% or 8% from July 1. 2026

HƯƠNG NHA |

The Ministry of Home Affairs proposed 2 options for adjusting pensions and some types of allowances in the draft Decree that has just been completed.

The Ministry of Home Affairs is seeking opinions on the draft Decree adjusting pensions, social insurance allowances and monthly allowances.

The Ministry of Home Affairs proposes 2 options for adjusting pensions and allowances.

With option 1: From July 1, 2026, adjust to increase by 4.5% and 200,000 VND/month on the pension level, social insurance allowance and monthly allowance of June 2026 for the specific subjects specified in the draft Decree.

Next, from July 1, 2026, adjust to increase by an additional 8% on the social insurance allowance and monthly allowance of June 2026 for the specific subjects specified in the draft decree.

From July 1, 2026, people who are receiving pensions, social insurance allowances, monthly allowances before January 1, 1995, after adjusting according to regulations and have a benefit level lower than 3.8 million VND/month, will be adjusted to increase as follows: Increase by 300,000 VND/person/month for people with a benefit level below 3.5 million VND/person/month; increase to 3.8 million VND/person/month for people with a benefit level from 3.5 million VND/person/month to less than 3.8 million VND/person/month.

With option 2, from July 1, 2026, adjust an additional increase of 8% on the pension level, social insurance allowance and monthly allowance of June 2026.

From July 1, 2026, people who are receiving pensions, social insurance allowances, monthly allowances before January 1, 1995, after adjusting according to regulations and have a benefit level lower than 3.8 million VND/month, will be adjusted to increase as follows: Increase by 300,000 VND/person/month for people with a benefit level below 3.5 million VND/person/month; increase to 3.8 million VND/person/month for people with a benefit level from 3.5 million VND/person/month to less than 3.8 million VND/person/month.

HƯƠNG NHA
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