New pensions, social insurance benefits and monthly allowances are paid from August 14, 2023
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(binhthuan.gov.vn) Vietnam Social Security will pay new pension, social insurance allowance and monthly allowances from August 14, 2023.

Pursuant to Decree No. 42/2023/ND-CP dated June 29, 2023 of the Government (Decree No. 42), Circular No. 06/2023/TT-BLDTBXH dated June 29, 2023 by the Ministry of Labor, War Invalids and Social Affairs (MOLISA), the direction of Deputy Prime Minister Tran Hong Ha and the opinion of the MOLISA on the payment of pensions, social insurance benefits and monthly allowances under Decree No. 42; in order to promptly ensure the beneficiaries specified in Decree No. 42 as soon as possible, at the payment period in August 2023, the Vietnam Social Security will organize the payment of new pensions, social insurance benefits and monthly allowances from August 14, 2023 (the effective date of Decree No. 42); at the same time, fully repay the unearned excess difference of July 2023 to the beneficiaries.

Previously, in order to promptly ensure benefits for beneficiaries and perform assigned functions and tasks, on July 12, 2023, Vietnam Social Security issued Official Letter No. 2122/BHXH-CSXH to suggest MOLISA to allow the Vietnam Social Insurance to pay benefits to subjects as prescribed in Decree No. 42 from August 14, 2023 and repay the unearned excess difference of July 2023.

Currently, Vietnam Social Security has continuously directed relevant units, social insurance agencies of provinces and cities to fully prepare conditions and be ready to deploy the payment of pensions and allowances to beneficiaries in accordance with regulations such as: updating the Payment Management Software for subjects who are enjoying the monthly social insurance regime; transfer the list of payment according to regulations; coordinate with the Postal Service to provide funding and plan to organize timely payment of new pensions to beneficiaries from August 14.../.

 

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