Pension and allowance payment schedule for August in Hanoi: 1 day late

Regarding the payment of pensions and social insurance benefits in August, Director of Hanoi Social Insurance Phan Van Men said that the unit will coordinate to start paying to beneficiaries from August 5 with two forms of payment: cash and personal accounts.

According to Decision 166/QD-BHXH of Vietnam Social Security, the monthly pension and insurance benefit payment schedule is from the 2nd to the 25th of the month.

Explaining the payment of pensions and allowances to people on August 5, one day later than usual, Mr. Men said that because August 4 is a Sunday, the unit will delay it one day to make the payment to people more thoughtful and convenient.

It is expected that in August, Hanoi will have about 97.25% of pension and social insurance beneficiaries receive their pensions and social insurance benefits through payment into personal accounts, equivalent to 578,000 people; the remaining about 16,100 people will receive their pensions in cash.

The leader of Hanoi Social Insurance added that the unit is preparing about 4,100 billion VND to pay pensions and allowances to people in August.

To achieve the above results, recently, Hanoi Social Insurance has coordinated with relevant units to continue to promote widespread propaganda about the benefits of receiving pensions and benefits by non-cash methods.

In addition, the unit coordinates to review and classify beneficiaries to have appropriate propaganda measures and support for opening accounts... Thereby, the number of people receiving pensions and social insurance benefits in a non-cash form is increasing.

Pursuant to Decree No. 75/2024/ND-CP of the Government on adjusting pensions, social insurance benefits and monthly allowances, Vietnam Social Security will pay new pensions and allowances in July.

On the very first day Decree 75 took effect (July 1), Hanoi Social Insurance organized the payment of pensions according to the new benefit levels in a thoughtful manner, ensuring that they reach beneficiaries in a timely, accurate and safe manner.

In the payment period of July 2024, 593,757 people received pensions and social insurance benefits in Hanoi with an amount of over 4,082 billion VND, an increase of over 519 billion VND compared to June 2024.

Of which, 562,569 people paid through personal accounts, reaching 94.75% (an increase of 274,627 people compared to June 2024) with the amount on the payment list of over VND 3,879 billion; 31,188 people paid in cash with the amount on the payment list of over VND 203 billion.

Source: https://dantri.com.vn/an-sinh/lich-chi-tra-luong-huu-tro-cap-thang-8-o-ha-noi-cham-1-ngay-20240731160035734.htm