One of the new points of the Social Insurance Law 2024, effective from July 1, 2025, is the addition of social pension benefits to form a multi-layered social insurance system.
Accordingly, social pension benefits are a type of social insurance guaranteed by the State budget, built on the basis of inheriting and partly developing from the regulations on monthly social benefits for the elderly without pensions or monthly social insurance benefits.
In particular, the age of receiving social pension benefits is reduced to 75 years old (currently 80 years old).
As for people from poor and near-poor households, those from 70 to under 75 years old are entitled to social pension benefits. This group must meet the conditions of not receiving monthly pension or social insurance benefits, except in other cases as prescribed by the Government, and must have a written request to receive social pension benefits.
According to the new law, the monthly social pension allowance is determined by the Government, in accordance with the socio-economic development conditions and the capacity of the State budget at each period. Every 3 years, the Government will review and consider adjusting the social pension allowance.
Depending on socio-economic conditions, budget balance capacity, and mobilization of social resources, the Provincial People's Committee shall submit to the People's Council of the same level a decision on additional support for social pension beneficiaries.
In case the beneficiary of social pension benefits is also the beneficiary of monthly social allowance, he/she will receive a higher allowance.
With this revised regulation, the Ministry of Labor, War Invalids and Social Affairs said that when the new Law takes effect from July 1, 2025, it is expected that about 1.2 million more elderly people without pensions or monthly social insurance benefits will receive monthly social pension benefits.
Regarding the implementation of the new Social Insurance Law when it comes into effect, according to the Prime Minister's Decision issued on July 27, to detail this Law, the Government will issue 11 Decrees.
Of which, the Ministry of Labor, War Invalids and Social Affairs will preside over the drafting of 7 Decrees, the Ministry of Finance 3 Decrees and the Ministry of National Defense 1 Decree. Along with that, the Ministries and branches will issue 3 circulars providing detailed instructions for the implementation of the law.
Specifically, the Ministry of Labor, War Invalids and Social Affairs will issue 2 circulars, and the Ministry of Health will issue 1 circular. The Decrees and guiding circulars assigned by the Prime Minister to the drafting units are required to be issued and take effect at the same time as the Social Insurance Law 2024, which is July 1, 2025.
Source: https://dantri.com.vn/an-sinh/70-tuoi-duoc-huong-tro-cap-huu-tri-xa-hoi-can-dieu-kien-gi-20240927170124442.htm
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