Accordingly, in this payment period, 3.55 million people will be paid pensions and social insurance allowances according to the new benefit level from July 1, 2026.
Vietnam Social Security said that the pension and social insurance allowance payment period is paid through accounts in two installments.
According to the payment organization plan, money transfers through personal accounts are carried out in two phases in 34 provinces and cities, to ensure the process of data comparison and transaction processing is safe and smooth.
Phase 1, July 1, 2026, is implemented in 23 localities including: Son La, Dien Bien, Lang Son, Nghe An, Quang Ninh, Cao Bang, Bac Ninh, Hung Yen, Ninh Binh, Phu Tho, Tuyen Quang, Hue, Gia Lai, Khanh Hoa, Lam Dong, Dak Lak, Ho Chi Minh City, Can Tho, Vinh Long, Ca Mau, Kien Giang, Thai Nguyen and Hai Phong.
Phase 2, July 2, 2026, is being implemented in 11 localities including: Hanoi, Lai Chau, Thanh Hoa, Ha Tinh, Quang Tri, Lao Cai, Quang Ngai, Da Nang, Dong Nai, Tay Ninh and Dong Thap.
For cash recipients, the payment time is decided by each locality after completing the money transfer through the account.
The specific payment schedule is notified to beneficiaries by the local Social Insurance agency in coordination with the payment support organization, in accordance with the actual conditions of each area.
Amendment of pensions, social insurance allowances and monthly allowances
From July 1, 2026, the Government implements an adjustment to increase the pension level, social insurance allowances and monthly allowances by 8% for subjects who are receiving them before July 1, 2026 according to the provisions of Decree No. 162/2026/ND-CP and the guidance of Circular No. 14/2026/TT-BNV.
Notably, in addition to the general adjustment of 8%, the Government continues to have support policies for people with low benefit levels to narrow the gap in benefit levels between target groups.
Accordingly, people with pensions, social insurance allowances or monthly allowances after increasing by 8% but still equal to or lower than 3.5 million VND/month will be adjusted to increase by an additional 300,000 VND/month. In case after adjusting by 8%, the benefit level is over 3.5 million VND but below 3.8 million VND/month, it will be increased to 3.8 million VND/month.
In the coming time, Vietnam Social Security will continue to direct social security agencies in provinces and cities to proactively review data, update benefit levels, prepare sufficient funding sources and closely coordinate with relevant agencies and units in organizing implementation.
The work of resolving and paying social insurance benefits is strictly controlled, ensuring the right beneficiaries, the right level of benefits, fully, promptly, safely and in accordance with regulations; at the same time, strengthening guidance, support, and timely handling of arising difficulties and obstacles, thereby ensuring full rights of participants and beneficiaries of social insurance and health insurance policies.
