Payment of pension according to the new rate from August 14

According to Decree 42 of the Government on adjustment of pensions, social insurance allowances and monthly allowances issued by the Government, pensioners and monthly social insurance allowances may increase their pensions from July 1, 7. . However, in the July 2023 pension payment, pensioners and social insurance beneficiaries have not yet received the new pension, the reason is because of Decree 7 on adjustment of pensions and social insurance benefits until the 2023th. August 42 has just come into effect. Accordingly, policy beneficiaries will receive the August 14 pension and social insurance allowance along with the increased difference of July 8.

The provincial Social Insurance said that the payment of pensions and social insurance benefits for August 8 will be made from August 2023, 14 to be consistent with the effective period of Decree 8, and at the same time ensure pensioners and social insurance beneficiaries are entitled to the policy of increasing their pensions immediately after Decree 2023 takes effect. 

In order to promptly ensure the regimes and policies for pensioners, social insurance allowances and monthly allowances, in the payment period in August 8, the provincial social insurance agency organizes the payment of pensions, social insurance allowances and allowances. monthly according to the new benefit rate from August 2023, and at the same time, fully repay the unearned excess difference of July 14.