Binh Thuan: Payment of pensions and social insurance benefits at new regime to 18,537 people
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(binhthuan.gov.vn) In order to promptly ensure the rights of beneficiaries according to Decree No. 75/2024/ND-CP dated June 30, 2024 of the Government on adjusting pensions, social insurance benefits and monthly benefits, the Provincial Social Security has coordinated with the Post Office to organize the payment of pensions and social insurance benefits according to the new regime from July 1, 2024.

 

On June 29, 2024, the National Assembly passed the Resolution of the 7th meeting of the 15th National Assembly. One of the notable contents of the Resolution is the agreement to adjust the increase of pensions and social insurance benefits by 15% from July 1, 2024.

 

According to the Resolution, from July 1, 2024, an increase of 15% on the pension, social insurance allowance and monthly allowance of June 2024 will be adjusted. The scope of application is wide, including people receiving pensions from participating in compulsory social insurance (public and private sectors) and people participating in voluntary social insurance. At the same time, for people receiving pension before 1995, after adjustment, if the benefit level is lower than 3.2 million VND/month, the adjustment will increase by 0.3 million VND/month, with the benefit level from 3.2 million VND/month to less than 3.5 million VND/month, then adjusted to 3.5 million VND/month.

 

In order to promptly ensure that people receive pensions and social insurance benefits at the new regime as soon as possible, Vietnam Social Security has asked social insurance of provinces and cities to focus on ensuring good funding sources, human resources, and information technology..., ensuring on time and full payment to beneficiaries from July 1, 2024 (including in cash and via bank accounts). In addition, social insurance in provinces and cities need to strengthen inspection and supervision of the payment process to beneficiaries; coordinate, resolve and completely handle arising situations, promptly report problems during the organization and implementation process. Proactively coordinate with relevant agencies to increase propaganda and dissemination to beneficiaries about benefits according to the new regime and payment schedules so that people can proactively grasp the information.

 

Implementing the requirements of Vietnam Social Insurance, Binh Thuan Social Insurance has fully prepared funding and human resources to ensure the legitimate rights of insurance beneficiaries. It is known that in the July payment period, Binh Thuan Social Insurance paid pensions, social insurance benefits and monthly benefits according to the new regime to 18,537 people with a total payment of more than 124 billion VND./.

 

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