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 adjustments are as follows:

1. Subjects and levels of adjustment 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 those receiving monthly death benefits before January 1, 1995), after an increase of 15% on the pension, social insurance benefits, and monthly allowances of 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 a benefit level below 3.2 million VND/person/month.

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

2) Subjects and levels of adjustment 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 death 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!