According to Vietnam Social Security (BHXH), the 2024 Law on Social Insurance takes effect from July 1, 2025, elderly workers who have not accumulated enough years of insurance contribution to receive pensions and have not reached the age to receive social pension benefits have a new regime of receiving monthly allowances from their own accumulated contributions.
The procedure for enjoying this regime is specifically regulated in Decision No. 2270/QD-BTC dated August 19, 2026 of the Ministry of Finance.
Subjects of application
This procedure applies to subjects who meet the requirements and conditions for implementation according to the provisions of Article 23 of the 2024 Law on Social Insurance: Employees who have reached retirement age but are not eligible for pension benefits (social insurance contribution period has not reached the minimum level).
At the same time, employees who are not old enough to receive social pension benefits according to legal regulations.
Employees who request monthly allowances from their own accumulated contributions instead of receiving one-time social insurance benefits.
Profile components
In order to create the most favorable conditions for people and promote administrative procedure reform based on electronic data, dossiers requesting settlement of regimes are simplified, including:
- Request document (Form No. 14-HSB): Employees declare the original according to the form issued by the social insurance agency.
- Social insurance book: People do not need to return the paper social insurance book if the social insurance agency has full interconnected electronic data on the system.
- In case of authorization of implementation: If the employee cannot directly submit, the dossier needs to be accompanied by a notarized authorization document in accordance with legal regulations along with the request document (Form No. 14-HSB).
Implementation process
Step 1: Prepare and submit documents. Employees prepare all the above documents and submit them to the social insurance agency in one of the flexible ways: Online (through the online public service portal). Directly at the one-stop-shop of the social insurance agency. Send documents through the public postal service.
Step 2: Social Insurance Agency receives and resolves. The competent Social Insurance Agency receives valid dossiers from employees and conducts reviews and resolves regimes according to regulations.
Step 3: Receive settlement results. Employees receive results in the registered form (directly, by mail or electronic transaction). Received results include:
- Decision on receiving monthly allowance (Form 07E - HSB).
- Health insurance cards (HI) issued during the period of receiving monthly allowances.
- Social insurance payment process (Form No. 04-HSB).
- Monthly allowance.
- Notification of the one-time payment amount for the remaining part (form No. 35-HSB) - only issued for cases where employees wish to pay a one-time combined payment for the remaining part to receive continuously until they reach the age to receive social pension benefits.
Deadline for resolving monthly allowance: Maximum 5 working days from the date the social insurance agency receives complete and valid dossiers as prescribed.
Deadline for settlement when paying together once for the missing part: Maximum 5 working days from the date the employee completes the payment of the full amount as prescribed to the social insurance agency.
Implementation fees: People are completely free to pay any fees or charges.
Procedure settlement agency
Employees submit dossiers and resolve procedures at provincial social insurance or grassroots social insurance according to the most convenient decentralization for their residential area.
