Decree No. 320/2026/ND-CP dated August 13, 2026 of the Government amending and supplementing a number of articles of Decree No. 69/2024/ND-CP regulating electronic identification and authentication, has added new content related to Social Security Benefit Accounts to the electronic identification system.
Accordingly, from September 28, 2026, when the regulation takes effect, people eligible for support, pensions and social security policies can proactively create social security accounts on VNeID and integrate appropriate accounts to receive money.
According to Vietnam Social Security, this is the first time to regulate the Social Security Benefit Account on the national identification application, and at the same time determine the form of payment of support, pensions and social security benefits through this account.
According to Article 1 of Decree 320/2026/ND-CP, Social security benefit accounts are identified as identification information on VNeID, allowing electronic identity entities to integrate a payment account, electronic wallet or mobile money account to receive money related to social security policies.
The amounts that can be received include: Support money, pensions, social security payments and other legal funds.
Note that this account is not a type of independent bank account, but VNeID plays the role of an identification platform, where people can integrate their payment accounts, e-wallets or mobile money accounts to serve the purpose of receiving money.
The mechanism for using the Social Security Benefit Account is specifically regulated in Clause 9, Article 9 of Decree No. 69/2024/ND-CP, amended and supplemented by Article 5 of Decree No. 320/2026/ND-CP.
According to new regulations, state agencies, political organizations, socio-political organizations can pay support, pensions, social security and other legal funds from the state budget by transferring money to the Social Security Benefit Account on VNeID.
Vietnam Social Security affirms that using the Social Security Benefit Account does not mean that all citizens are required to receive money immediately by this method.
Decree No. 69/2024/ND-CP stipulates that in cases where beneficiaries have not created social security benefit accounts and do not have a written authorization to receive them, social security benefits are still paid in other forms according to current regulations.
This regulation creates flexibility in the implementation process, especially for those who do not have the conditions to use digital payment methods or have not completed account integration on VNeID.
In addition to expenditures from the state budget, Decree No. 320/2026/ND-CP also encourages agencies, organizations, and individuals to pay charity support money or other legal funds without sources from the state budget through the Social Security Benefit Account on VNeID.
According to Vietnam Social Security, each agency, organization, and individual is only allowed to integrate one of three types of accounts including payment accounts, e-wallets, or mobile money accounts to enjoy social security benefits.
The integrated account must be the original account and have information matching the information in the electronic identification account - to ensure that money is transferred to the right beneficiaries, limiting the risk of confusion, forgery or taking advantage of identification information to receive money.
