Subjects whose pensions will increase from July 1, 2025

After having their pensions increased twice from July 1, 2024, many people will continue to have their pensions increased for the third time from July 1, 2025. According to Articles 67 and 99 of the Law on Social Insurance 2024 (effective from July 1, 2025), pensions for employees will continue to be adjusted. The pension level will be adjusted based on the increase in the consumer price index in accordance with the capacity of the State budget and the social insurance fund.

Báo Khánh Hòa•11/04/2025

Specifically, adjusting the pension increase appropriately for those with low pensions and those who retired before 1995 ensures narrowing the pension gap between retirees in different periods. No pension increase for those who retired from 1995 onwards according to the pension adjustment in 2025.

From July 1, 2025, when the new Social Insurance Law comes into effect, pensions will be increased for the third time for those with low pensions and retired before 1995.

Previously, according to Decree 75/2024/ND-CP of the Government, from July 1, 2024, people who are receiving pensions, social insurance benefits, and monthly allowances according to regulations, after an increase of 15% on pensions, social insurance benefits, and monthly allowances, with a benefit level lower than 3.5 million VND/month, will be adjusted to increase as follows:

- Increase by 300,000 VND/person/month for those with a benefit level of less than 3.2 million VND/month;

- Increase to 3.5 million VND/month for those with benefits from 3.2 million VND/month to less than 3.5 million VND/month.

The pension, social insurance allowance, and monthly allowance after adjustment according to the above regulations are the basis for calculating the adjustment of pension, social insurance allowance, and monthly allowance in subsequent adjustments.

Thus, from July 1, 2024, pensions have been officially increased twice, exceeding 15% for those who retired before 1995 but have a new pension level of less than 3.5 million VND/month. From July 1, 2025, when the new Law on Social Insurance takes effect, pensions will be increased a third time for those with low pension levels and retired before 1995.

According to vtv.vn

Source: https://baokhanhhoa.vn/kinh-te/202504/nhung-doi-tuong-duoc-tang-luong-huu-tu-ngay-1-7-2025-5eb113a/