According to Vietnam Social Security, in the past time, the entire System has been proactive, focusing all resources, applying information technology to organize the payment of pensions and monthly social insurance benefits to beneficiaries nationwide, not affected by the conversion of the 2-level local government model from July 1, 2025.
Flexible and smooth payment
For beneficiaries receiving the regime through personal accounts, the Social Insurance agency directly transfers money to the beneficiary's personal account from the first working day of the month.
For beneficiaries receiving in cash, implement payment as usual at payment points according to the pension payment schedule, monthly social insurance allowance agreed upon between the provincial social insurance, centrally run city and the provincial post office.
Currently, the entire Vietnam Social Insurance System pays about 3.4 million people receiving monthly pensions and social insurance benefits. During the payment period in July 2025, the Social Insurance agency directly paid through personal accounts to about 81% of pensioners and monthly social insurance benefits nationwide.
In addition, beneficiaries can receive money by other flexible payment methods such as: cash at payment points or payment at home (for cases of old age, loneliness, illness, disease and inability to come to the payment point).
Implement the Government's policy on promoting cashless payments, encouraging beneficiaries to register to receive pensions and social insurance benefits through personal accounts to avoid wasting time traveling and receive the regime quickly and conveniently. This is also a solution to optimize the payment process, contributing to building a sustainable, modern and transparent social security system.
Some notes on authorization to receive pensions according to the Social Insurance Law 2024
In order for the payment of monthly pensions and social insurance benefits to continue to go smoothly, ensuring the smooth rights of beneficiaries when operating two-level local governments and in accordance with the provisions of the Social Insurance Law No. 41/2024/QH15 ( Social Insurance Law 2024) effective from July 1, 2025, beneficiaries need to pay attention to some changes in the authorization of pension and social insurance benefits as follows:
Regarding the authorization to receive pensions and social insurance benefits: In cases of authorization to receive pensions and social insurance benefits and other regimes, the authorization document is valid for a maximum of 12 months from the date of authorization; The authorization document must be certified in accordance with the provisions of law on certification.
For the authorization granted under the provisions of Law No. 58/2014/QH13 ( social insurance law 2014), the implementation period is until June 30, 2026.
After July 1, 2026, beneficiaries must re-establish authorization or carry out certification procedures in a timely manner so as not to interrupt the receipt of monthly pension and social insurance benefits.
Every year, beneficiaries of social insurance regimes through personal accounts opened at banks are responsible for coordinating with social insurance agencies or service organizations authorized by the social insurance agency to verify information that is eligible for social insurance regimes according to regulations.
