Pensions and pension allowances are expected to increase from July 1, 2026

PHẠM ĐÔNG |

From July 1, 2026 is the expected time to adjust pensions, allowances for people with meritorious services, allowances for social protection beneficiaries and pension allowances.

Information about pension adjustments and allowance regimes in 2026 has received the attention of many people.

In the Resolution of the 10th Session of the 15th National Assembly, it is clearly stated that the National Assembly proposes that the Government and the Prime Minister direct ministries, branches, and localities to focus on effectively implementing the adjustment of a number of types of allowances, basic salary levels, pensions, social insurance allowances, monthly allowances, preferential allowances for people with meritorious services, social allowances, and social pension allowances according to Conclusion No. 206-KL/TW dated November 10, 2025 of the Politburo.

Implementing this content, the Prime Minister issued Official Dispatch 38/TTg-QHĐP on the implementation of the Resolution at the 10th session, 15th National Assembly. In the attached appendix, the adjustment of the base salary, pension and allowances and subsidies is identified as one of the key tasks to be implemented.

According to the direction, the Prime Minister requested the Ministry of Home Affairs to adjust a number of types of allowances, basic salary levels, pensions, social insurance allowances, monthly allowances, preferential allowances for people with meritorious services, social allowances and social pension allowances.

According to the Government Portal, at the meeting with voters and candidates for the 16th National Assembly held on March 9, Secretary of the Party Central Committee, Deputy Prime Minister Pham Thi Thanh Tra said that it is expected that from July 1, 2026, pensions, allowances for people with meritorious services, support, and allowances for social protection beneficiaries and social pension support and allowances will be adjusted.

One content that voters are interested in is ensuring social security associated with sustainable livelihoods. According to the Deputy Prime Minister, this is one of the important pillars for building a progressive and fair society.

In the coming time, social security policies will continue to be improved in a more comprehensive and sustainable direction, especially for vulnerable groups such as the poor, freelancers and elderly people without pensions.

Previously, from July 1, 2024, the State had implemented a 15% increase in pensions, social insurance allowances and monthly allowances for subjects currently enjoying regimes according to regulations.

This increase is calculated based on the pension and allowance amount of June 2024, in order to improve income for retirees and social security policy beneficiaries.

In addition to the general increase of 15%, the Government also applies an additional adjustment mechanism for those with low benefit levels. After the 15% increase, if the pension or allowance level is still lower than 3.5 million VND/month, it will be further adjusted to increase.

In which, those who receive less than 3.2 million VND/month are given an additional 300,000 VND per month.

For people with a benefit level from 3.2 million VND to under 3.5 million VND/month, the pension level will be increased to a minimum of 3.5 million VND/month.

The level of pensions, social insurance allowances, and monthly allowances after adjustment according to the provisions of Decree No. 75/2024/ND-CP is the basis for calculating the adjustment of pensions, social insurance allowances, and monthly allowances in subsequent adjustments.

The Department of Salaries and Social Insurance (Ministry of Home Affairs) said that the ministry is urgently developing legal documents related to salary policies under the direction of the Prime Minister. It is expected that in March, these contents will be submitted to the Government for consideration and decision.

PHẠM ĐÔNG
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