According to Vietnam Social Security, from July 1, 2026, more than 3.5 million people receiving pensions, social insurance allowances and monthly allowances nationwide will have their benefit levels adjusted to increase according to the provisions of Decree No. 162/2026/ND-CP of the Government.
On May 15, 2026, the Government issued Decree No. 162/2026/ND-CP regulating the adjustment of pensions, social insurance allowances and monthly allowances.
Accordingly, from July 1, 2026, the pension level, social insurance allowance and monthly allowance will be adjusted to increase by an additional 8% compared to the level enjoyed in June 2026 for subjects who are enjoying before July 1, 2026.
This adjustment not only contributes to improving income and ensuring the lives of beneficiaries in the face of the impact of price fluctuations, but also continues to affirm the concern of the Party and State for those who have contributed and contributed to the country's development for many years.
Immediately after the Government issued the Decree, Vietnam Social Security urgently deployed tasks to ensure that payments are carried out synchronously, accurately and promptly nationwide.
With an early proactive spirit, the entire industry has reviewed beneficiary data, updated new benefit levels on the professional software system, fully prepared funding sources, and completed payment organization plans for both personal account and cash forms.
Along with that, Vietnam Social Security directs social security agencies of provinces and cities, and grassroots social security agencies to closely coordinate with payment service providers and banks to ensure that beneficiaries receive benefits correctly and fully according to the new level right from the first days of the July 2026 payment period.
Inspection and supervision work is also strengthened to promptly handle arising situations, not to let interruptions occur or affect the rights of beneficiaries.
Promoting payments through personal accounts continues to be encouraged to bring more benefits to beneficiaries.
The percentage of people receiving monthly pension benefits and social insurance allowances through personal accounts in the June 2026 payment period has reached 90%. These will be those who receive increased pensions and social insurance allowances according to the new level right from the first days of July 2026.
For the elderly, those with weak health or those who cannot walk, the social insurance agency continues to coordinate to make payments at home according to regulations, ensuring that everyone has the most convenient access to policies.
In parallel with payment work, the social insurance sector also promotes propaganda to help beneficiaries understand the adjustment level, time and form of receiving money, contributing to creating consensus and peace of mind in the implementation process.
In many localities, right in the early days of implementing the policy, a joyful atmosphere spread when beneficiaries received pensions and social insurance allowances at the new level. Many people expressed joy because the increase is not too large but has practical significance in the context that living expenses are still under a lot of pressure.
