Maximizing Social Security Retirement Benefits: A Comprehensive Guide to Your Entitlements

Approximately 1.5 million individuals aged 75 to 80 qualify for social pension benefits under the Social Insurance Law.

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Decree No. 176/2025/NĐ-CP issued by the Government provides detailed regulations and guidance for the implementation of certain articles of the Social Insurance Law concerning social pension benefits.

Accordingly, Vietnamese citizens aged 75 and above (or aged 70 to under 75 from poor or near-poor households) who do not receive a monthly pension or social insurance allowance, or those receiving a monthly pension or social insurance allowance lower than the social pension level specified in this Decree, may apply for social pension benefits upon submission of a written request.

Elderly individuals receive guidance on applying for social pension benefits.

The current monthly social pension benefit is set at 500,000 VND. However, based on socio-economic conditions, budget balancing capabilities, and the mobilization of social resources, provincial-level People’s Committees may propose additional support to the People’s Councils for beneficiaries of social pension benefits.

In addition to the monthly allowance, individuals receiving social pension benefits are entitled to health insurance coverage funded by the state budget, as per the regulations of the health insurance law. Upon the death of a beneficiary, the responsible organization or individual may receive funeral expense support as outlined in the law on the elderly.

According to the Ministry of Home Affairs, approximately 1.5 million individuals aged 75 to 80 are eligible for social pension benefits under the Social Insurance Law.

With a monthly social pension benefit of 500,000 VND per person, the total annual budget required for implementation is 9,046 billion VND.

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