Funding is implemented according to state budget regulations
According to Article 6 of the Decree detailing and guiding the implementation of a number of articles of the Law on Social Insurance on social pension allowances, the funds for implementing social pension allowance regimes and policies and related activities are implemented according to the provisions of law on the state budget.
The funding source includes subsidies and activities such as propaganda, appraisal of beneficiaries, application of information technology, training, fostering cadres, inspection, and supervision.
The preparation of estimates, allocation, compliance and finalization of funds for policy implementation must also comply with regulations on the state budget.
Prioritize money transfers via account
A noteworthy point is that social pension benefits must be paid promptly, fully, and to the right beneficiaries, and prioritize implementation through bank accounts or social security accounts.
Payment can also be made through an electronic payment account or directly to the beneficiary, depending on the method specified in the contract with the payment service organization.
This regulation contributes to promoting non-cash payments, increasing transparency and convenience for beneficiaries.
Payment units must meet the criteria
Bidding packages for providing social pension payment services are applied in the form of contractor selection in special cases as prescribed in point u, clause 4, Article 84 of Decree 214/2025/ND-CP.
Service providers must meet the criteria and conditions issued by the Provincial People's Committee. The selection is carried out according to the process and procedures specified in Clause 1, Article 85 of this Decree.
Payment through service organizations must be made into a contract between the commune-level People's Committee and the service provider. The contract must clearly state the object, scope, method, time, location, payment costs, settlement time and the rights and responsibilities of the parties.
Before the 25th, funds must be transferred to the next month
Before the 25th of each month, the commune-level People's Committee shall base on the list of beneficiaries, including cases of increase, decrease and one-time benefit, to determine the monthly payment expenses.
These funds include repayment money, funeral expenses and unpaid amounts from previous months if any. The commune-level People's Committee shall withdraw the estimate at the State Treasury, transfer money to the account of the payment service organization and transfer the list for payment in the following month.
In the process of payment, the commune-level People's Committee must assign people to supervise the operation of the service organization.
Confrontation must be completed before the 20th
Every month, the payment service organization must summarize the list of people who have received money, the amount of money spent, and those who have not received it to transfer to payment in the following month and the remaining budget.
The list of signatures and bank transfer documents must be sent to the commune-level People's Committee before the 20th of each month to summarize payment expenses according to regulations.
The new process is designed in a closed direction from listing, allocating and transferring funds, organizing payments, supervising to document reconciliation, contributing to ensuring that allowances reach the right people, on time and improve transparency.
The Ministry of Finance is assigned to guide the implementation of regulations on funding.
