According to information from the Ministry of Home Affairs, pensions and social insurance benefits will be adjusted to increase by 15% from July 1, 2024.
The Government proposes to adjust pension and social insurance benefits from July 1 by 15%. At the same time, for people receiving pension before 1995, after adjustment, their salary is lower than 3.2 million VND/month, the adjustment will increase by 0.3 million VND/month; If the benefit level is from 3.2 million VND/month to less than 3.5 million VND/month, it will be adjusted to 3.5 million VND/month.
Salary payment in a ward of Dong Da district, Hanoi. Photo: XC
Regarding preferential benefits for people with meritorious services according to the standard subsidy rate from 2,055 million VND to 2,789 million VND/month (an increase of 35.7%); Maintain the current relationship between preferential subsidy levels for meritorious people compared to the standard subsidy level.
With social assistance according to the standard social assistance rate from 360,000 VND to 500,000 VND/month (an increase of 38.9%).
According to a representative of the Ministry of Home Affairs, in the recent period, although resources were still difficult, the Government saved thoroughly to have money to increase salaries and implement subsidy policies linked to the base salary.
Previously, the Ministry of Labor, War Invalids and Social Affairs had a report on the increase in pensions, social benefits and preferential benefits for people with meritorious services.
According to statistics from Vietnam Social Insurance, to ensure the lives of retirees, from 1995 to the end of 2023, the National Assembly and the Government have made 23 pension adjustments. After many adjustments, the current pensioner's salary has increased from 21 to 26 times compared to the pension level in 1995.
The pension level is not fixed at the time of retirement, but is periodically adjusted to increase according to the consumer price index and economic growth in accordance with the State budget and the Social Insurance Fund to ensure life. retiree's life.
The Government's regular promulgation of regulations to adjust pension benefits has been making an important contribution to stabilizing life for retirees, demonstrating the State's special concern for workers at the end of their age. labor.
In addition to the monthly pension, beneficiaries are also given a free health insurance card during retirement to enjoy medical examination and treatment and health care benefits paid by the Health Insurance Fund at a rate of 95%.
According to XM/News Newspaper