Vietnam Post has announced the schedule for pension and social insurance allowance payments during the National Day holiday period, with many localities informing recipients in advance so they can plan their collection time.
For those collecting in person, most provincial and municipal post offices and centers will make the payments from September 4 to September 10 at all payment points.
From September 11 to September 25, payments can be collected at the postal service points or the recipient’s address.
Recipients of pensions and social insurance allowances, or their authorized representatives, must bring the required documents, including the payment card and valid authorization letter, when collecting from the payment points.
September pensions will be paid out from September 4.
For the elderly, infirm, or those unable to collect their payments due to illness or other reasons, the payments will continue to be made promptly at their homes. Vietnam Post will also enhance inspection and supervision during the payment process to handle any issues that may arise.
According to the Vietnam Post representative, the allowance payments are made in a transparent and compliant manner, ensuring that the right recipients receive the correct amounts as per the lists provided by the Social Insurance Agency. The payments are made through a network that is easily accessible to the recipients.
Salary Adjustments and Social Insurance Payments for 2024
The average salary and monthly income subject to social insurance paid will be the basis for calculating pensions, one-time retirement benefits, one-time social insurance, and one-time disability benefits…
Can I still receive maximum pension benefits if I opt out of Social Security after a certain number of years?
This is a topic that long-time participants in social insurance (SI) are very concerned about.
How many years do workers have to contribute to voluntary social insurance to receive a pension in 2024?
According to Article 3 of the 2014 Social Insurance Law, voluntary social insurance is a type of insurance organized by the State. Participants in voluntary social insurance have the right to choose the level and method of insurance payment that is suitable for themselves.
Many Retirement Reforms for Retirees with Merit
Starting from 1st July 2024, with the reform of salary for civil servants and officials, a series of policies concerning pensions and benefits for meritorious people are expected to change. The Vietnam Social Security (VSS) has recently proposed an 8% increase, while the Ministry of Labor, Invalids and Social Affairs (MOLISA) argues for a minimum of 15% raise.
‘Hot tickets’ for flights after Tet; proposed increase in pension from July 1st.
In the past week, there have been significant updates and developments in various areas. A staggering 120 trillion package has been announced, accompanied by historically low interest rates for real estate loans. Additionally, post-Tet airfare prices have skyrocketed, and 28 leaders under the Ministry of Industry and Trade have undergone asset verification. Finally, a proposal to increase pension benefits from July 1st has been put forward. These are just a few of the noteworthy highlights from the past week.
