Right from the beginning of July 2026, pensioners and social insurance (SI) beneficiaries nationwide have received a new benefit level increased by 8% according to Government regulations. Many people said that the money was transferred to personal accounts fully, quickly, and conveniently on July 1.
After 34 years of being attached to the teaching profession, Ms. Truong Ngoc Hai, Dong Da ward, Hanoi, said that pension is the main source of income for her family, so she always looks forward to the first payment period according to the new benefit level.
Right on July 1st, my account received money. After the increase, my pension was more than 6.1 million VND, I am very happy because I have more funds to cover my life. Besides, I was also issued a free health insurance card for retirees to get medical examination and treatment every month, so I feel even more secure" - Ms. Hai shared.
In Thao Dien ward, Ho Chi Minh City, Mr. and Mrs. Do Tam Thu and Ms. Le Thi Cuc's pensions were also adjusted to increase from July 1. According to Mr. Thu, his pension increased by nearly 800,000 VND to 11.75 million VND/month, while Ms. Cuc's pension was adjusted to 8.5 million VND/month. The entire amount according to the new benefit level was transferred to a bank account on the first day of the month.
Receiving the notification of money to the account on the first day of the month, my wife and I are very happy and reassured. For many people, it may just be a number, but for us, it is also concern and recognition of the entire process of labor and dedication. Receiving pensions through the account also helps us save a lot of time and effort because we don't have to travel and queue like before" - Mr. Thu said.
In Cao Xanh ward, Quang Ninh province, Ms. Dang Thi Tuoi welcomed "double joy" in the July payment period when she had just received an 8% pension increase and received her pension for the first time through her personal account.
Previously, every month, I received pensions in cash at the post office payment point. In June, I was instructed by social insurance and bank officials to register to receive pensions through personal accounts. Therefore, in July, pensions were transferred directly to the account from the first day of the month along with the increased amount, I feel very happy" - Ms. Tuoi shared.
Also in Quang Ninh, Ms. Nguyen Thi Hanh, Ha Tu ward, said that opening an account and registering to receive pensions through personal accounts is done quickly and simply.
Every month, money is transferred to the account, there is a notification on the phone, so I proactively know when to receive the money and easily manage my pension. I find this form very convenient" - Ms. Hanh said.
According to Vietnam Social Security, in the June 2026 payment period, about 90% of people enjoying monthly pension benefits and social insurance allowances nationwide received money through personal accounts. This is also the first group to receive the pension and social insurance allowance level that has been adjusted to increase since the beginning of July, contributing to promoting non-cash payments in the field of social security.
On May 15, 2026, the Government issued Decree No. 162/2026/ND-CP, regulating the adjustment to increase 8% of pensions, social insurance allowances and monthly allowances from July 1, 2026 for subjects who were receiving them before this time.
Immediately after the decree was issued, Vietnam Social Security reviewed beneficiary data, updated the new benefit level, fully prepared funds and deployed payment plans for both account-based and cash-based forms, ensuring smooth payment nationwide.
