Increase pensions and social insurance allowances according to 3 levels, many beneficiaries benefit double

People benefit from two layers of policies

According to the Circular detailing the adjustment of pensions, social insurance allowances and monthly allowances issued by the Ministry of Home Affairs, many beneficiaries of pensions and social insurance allowances benefit from two levels of policies.

According to new regulations, from July 1, 2026, the pension, social insurance allowance and monthly allowance levels of subjects subject to adjustment will be increased by an additional 8%.

The benefit level from July 2026 is determined by the pension level, social insurance allowance and monthly allowance of June 2026 multiplied by a coefficient of 1.08.

In addition to the simultaneous increase of 8%, the State continues to implement support policies for people with low benefit levels.

Accordingly, people with pensions, social insurance allowances or monthly allowances after an increase of 8% that is equal to or lower than 3.5 million VND/month will receive an additional increase of 300,000 VND/month.

For people with post-adjustment benefits higher than 3.5 million VND/month but still lower than 3.8 million VND/month, the benefit level will be increased to 3.8 million VND/month.

With 3 levels of pension and social insurance allowance adjustments as above, this policy aims to narrow the gap between groups of beneficiaries of pensions, social insurance allowances and monthly allowances, and at the same time better support those with low benefits, contributing to ensuring social security.

Mr. Phan Van An (Son Tay ward - Hanoi, retired worker) is receiving a pension of 3.2 million VND/month in June 2026. From July 1, his pension increased by 8% according to general regulations: 3.2 million VND × 1.08 = 3.456 million VND/month.

Considering the policy of supporting low beneficiaries, after an increase of 8%, Mr. An's benefit level is 3.456 million VND/month, still lower than 3.5 million VND/month. Therefore, Mr. An was given an additional increase of 300,000 VND/month.

Mr. An's new benefit level from July 2026 will be: 3.456 million VND + 300,000 VND = 3.756 million VND/month.

Sharing with Lao Dong reporters, Mr. An said that he received a pension increase twice. "Firstly, an increase due to a 8% adjustment of 256,000 VND/month, then an increase due to additional support of 300,000 VND/month; The total increase is 556,000 VND/month. Thus, I benefit from two levels of policies: an increase of 8% in general and an additional increase of 300,000 VND due to low benefit levels" - Mr. An said.

There are also cases that benefit from the "floor increase" mechanism to 3.8 million VND.

I am very happy to have my pension increased to 556,000 VND/month, it doesn't sound too big, but for many retirees, this is still a significant addition to daily spending.

This amount of money contributes to helping my family reduce spending pressure in the context that prices of many essential goods have increased significantly in recent years. In one year, the additional amount increased to more than 6.6 million VND, I can save it to prepare for illness or spend on arising expenses" - Mr. An said.

Monthly survivor's allowance and service allowance also increased

For people who are receiving monthly survivor's allowance and service allowance according to the provisions of the law on social insurance before July 1, 2026, the allowance level from July 1, 2026 will be calculated according to the new base salary level specified in Decree No. 161/2026/ND-CP of the Government on the base salary level and bonus regime for cadres, civil servants, public employees and armed forces.

For example, a person receiving a monthly survivor's allowance equal to 50% of the base salary will be increased from 1.17 million VND to 1.265 million VND/month from July 1, 2026 when the base salary is adjusted from 2.34 million VND to 2.53 million VND/month.

The adjustment of pensions, social insurance allowances and monthly allowances this time is expected to contribute to improving income and ensuring the lives of retirees and those who are enjoying social security policies in the context of fluctuating living costs.