How and where to receive pension and social insurance benefits

Báo Dân tríBáo Dân trí06/02/2024


Mr. Hoa said he has participated in social insurance for about 30 years. Currently, he receives a pension of more than 4 million VND per month.

"For a long time now, every month I have been riding my motorbike to the South Saigon Central Post Office (Phu My Ward, District 7) to receive my pension. In 2024, I wonder how I can receive money?", Mr. Hoa wondered.

Responding, a representative of the Ho Chi Minh City Social Insurance (HCMC Social Insurance) said that in 2024, employees can receive pensions and social insurance benefits directly from the social insurance agency or service organizations authorized by the social insurance agency...

The form of receiving pension and social insurance benefits of employees is stipulated in Clause 3, Article 18 of the current Law on Social Insurance.

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People receive pensions in cash at Ho Chi Minh City Social Insurance (Illustration: Ho Chi Minh City Social Insurance).

Accordingly, employees are allowed to participate in and enjoy social insurance regimes, and are issued and managed social insurance books according to the provisions of this law.

Eligible insurance participants are entitled to receive pensions and social insurance benefits in full and on time, in one of the following forms of payment: Directly from the social insurance agency or a service organization authorized by the social insurance agency; Through the employee's deposit account opened at a bank; Through the employer.

Social insurance participants are also entitled to health insurance in the following cases: Receiving pension; during maternity leave when giving birth or adopting a child.

Nearly 4,000 have not received pensions

Ho Chi Minh City Social Insurance announced on December 18, 2023 that the unit will pay the pensions of January and February 2024 in the same payment period of January 2024, to create conditions for retirees to enjoy the Lunar New Year 2024.

Of which, cash payments will be made at payment points in the Ho Chi Minh City Post Office system for beneficiaries from January 2 to February 23. Regarding payments via personal accounts, Ho Chi Minh City will transfer money from January 2 to 3.

According to statistics from the Ho Chi Minh City Post Office, as of January 31, there were still 3,759 beneficiaries in cash who had not yet come to post offices to receive pensions and social insurance benefits for January and February 2024.



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