Paying pensions and social insurance benefits to people in Thuan Hoa ward, Phu Xuan district

The Social Insurance Law 2024 (effective from July 1, 2025) stipulates that 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 allowances for the elderly. Accordingly, when the Law officially comes into effect, the age of receiving social pension benefits will be reduced by 5 years compared to the current age of receiving monthly social allowances for the elderly (80 years old). Therefore, Vietnamese citizens aged 75 and over who do not receive pensions or monthly social insurance benefits will receive social pension benefits.

Those aged 70 to under 75 who belong to poor or near-poor households and meet all the conditions are entitled to social pension benefits; the monthly social pension benefit level is regulated by the Government in accordance with the socio-economic development conditions and the capacity of the state budget in each period.

It is known that in 2024, Hue City Social Insurance paid social insurance and unemployment insurance benefits throughout the city over 3,534,920 million VND, an increase of 3.9% compared to the 2024 estimate assigned by Vietnam Social Insurance.

News and photos: KHANH THU

Source: https://huengaynay.vn/chinh-tri-xa-hoi/an-sinh-xa-hoi/nguoi-tu-75-tuoi-khong-co-luong-huu-se-duoc-huong-tro-cap-huu-tri-xa-hoi-152575.html