Adjusting pension payments, social insurance benefits and monthly allowances according to Decree 73/2024/ND-CP and Decree 75/2024/ND-CP

The regulations take effect from July 1, 2024. Accordingly, from July 1, 2024, the following adjustments will be made:

1. Subjects and adjustment levels according to Decree No. 75/2024/ND-CP:

- Increase by 15% on pension, social insurance benefits and monthly allowances of June 2024 for pensioners and monthly social insurance benefits (excluding beneficiaries of monthly death benefits from after January 1, 1995 and beneficiaries of occupational accident benefits).

- People receiving pensions, social insurance benefits, and monthly allowances before January 1, 1995 (excluding those receiving monthly occupational accident and disease benefits, and people receiving monthly death benefits before January 1, 1995), after an increase of 15% on pensions, social insurance benefits, and monthly allowances for June 2024, with a benefit level lower than VND 3.5 million/month, will be adjusted to increase. Specifically:

+ Increase by 300,000 VND/person/month for those with benefits below 3.2 million VND/person/month.

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

2) Subjects and adjustment levels according to Decree No. 73/2024/ND-CP:

Increase by 30% on the social insurance benefit level, monthly benefit of June 2024 for those receiving monthly survivor benefits from after January 1, 1995 and those receiving occupational accident benefits.

3) Time for payment of pension, social insurance benefits, monthly benefits:Nghe An Provincial Post Office will notify each block and hamlet.

Nghe An Provincial Social Insurance respectfully announces!