The State Treasury of Vietnam (KBNN) has issued an urgent directive to all regional directors and heads of KBNN transaction offices.
Regarding the payment and disbursement of policies and benefits for individuals affected by the organizational restructuring as outlined in Government Decree No. 178/2024 (amended by Decree No. 67/2025), the KBNN emphasizes that this is a top political priority. It requires immediate attention, leadership, and timely execution in compliance with regulations.
Disbursement of benefits for retiring officials under Decree 178 must be completed by October 15.
Regional KBNN offices are instructed to direct budget-using units to expedite the submission of complete dossiers to the KBNN.
Priority must be given to processing payments for those affected by the organizational restructuring as per Decree No. 178. No dossiers should exceed the stipulated deadlines.
The directive also mandates that units assign officials, including leaders and specialists, to work on Saturdays and Sundays (October 11-12) to ensure payment processing is completed by October 15, as requested by budget-using units.
Commercial banks where KBNN holds accounts must ensure seamless and timely payments to beneficiaries.
“Unit heads will be held accountable for any delays causing inconvenience to budget-using units,” the KBNN directive states.
According to a recent government meeting on local authorities, 142,746 individuals have received retirement decisions nationwide. Of these, 105,056 (73.6%) have received their benefits. Eleven ministries and six provinces/cities have completed payments, while ten ministries and three localities have disbursed only 60%.
“Employee Benefits When Businesses Can No Longer Pay Social Insurance: A Comprehensive Guide.”
Effective from 2024, employees will continue to receive retirement and survivor benefits, even if their employer becomes unable to make social security contributions as per the Social Insurance Law.
“A New Era of Leadership: Introducing CEO Lê Viết Hải Sơn of Chicilon Media.”
On August 11, 2025, Mr. Guo Zhi Feng, the founder and Chairman of Chicilon Media, stepped down from his role as the company’s CEO. The position has been handed over to Mr. Le Viet Hai Son, a key leader within the company, known for his exemplary hands-on leadership style.
“A Proposal to Support Voluntary Social Insurance Contributions for Workers Aged 45 to 60 to Ensure Retirement Benefits”
We propose an additional 20% support for voluntary social insurance participants, on top of the existing 20% central support. This means that participants who have contributed to the social insurance fund for a total of 15 years will be eligible for a pension.
The Case for Prioritizing Pension Increases Over Civil Servant Wage Hikes
In 2025, if the government has not increased salaries for officials and civil servants, it is still advisable to raise retirement pensions by at least 15% for retired workers. This would ensure that those who have dedicated their lives to serving the country can maintain a decent standard of living and keep pace with the rising cost of living.
Can Civil Servants Retire Early with Full Pension Benefits After 15 Years of Social Insurance Contributions?
Retirees will not only avoid a reduction in their pension rate, but they will also receive a generous allowance of three months’ average salary for each year they retire early. This means that those who choose to retire before the standard retirement age will not only maintain their financial stability but also receive a significant financial boost.
