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Officially pay pensions and social insurance benefits according to new regulations

Báo Dân SinhBáo Dân Sinh19/08/2023


(People's life) - From August 14, pensions, social insurance benefits and monthly allowances will be paid according to new regulations.

Specifically, monthly pensions and social insurance benefits must be paid to beneficiaries via accounts on August 14, 2023; cash payments must be made from August 14, 2023 to August 25, 2023.

Those who have adjusted according to Decree No. 108/2021 of the Government will receive an increase of 12.5% ​​compared to the old level, i.e. the new benefit level is equal to the old salary and allowance x 1.125. In case it has not been increased according to Decree No. 108/2021 of the Government, the increase is 20.8%, i.e. the new benefit level is equal to the old salary and allowance x 1.208.

Officially pay pensions and social insurance benefits according to new regulations.

Officially pay pensions and social insurance benefits according to new regulations.

Pensioners and monthly social insurance beneficiaries before January 1, 1995 under Decree 42/2023, after a salary increase with a benefit level lower than 3 million VND/month, will receive an additional increase of 300,000 - 3 million VND...

The social insurance and postal sectors will fully pay the additional unpaid difference of July 2023 to beneficiaries.

Quick statistics from Ho Chi Minh City Social Security, the payment situation on the morning of August 14, 2023, there were 203,695 people / 251,615 people (payment via ATM card was 178,511 people, cash payment was 73,104 people) received pensions, social insurance benefits, monthly benefits for August 2023 (of which 25,586 people received cash and 178,109 people received via account), the payment rate reached nearly 81% (of which payment via ATM card reached 100%).

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