According to Vietnam Social Security, approximately 3.5 million people nationwide receive pensions, social insurance benefits, and monthly allowances. Of these, over 11,500 receive 20 million VND or more per month; nearly 418,500 receive between 10 million and under 20 million VND; over 1 million receive between 6 million and under 10 million VND; and approximately 1.35 million receive between 3 million and under 6 million VND.
In addition, nearly 564,000 people receive less than 3 million VND per month, of which nearly 419,400 are below 2.34 million VND - equivalent to the basic salary.
Thus, based on statistics provided by the Social Insurance agency, the majority of people receiving pensions, social insurance benefits, and monthly allowances belong to the group with benefit levels ranging from 3 million VND/month to less than 10 million VND/month, accounting for nearly 80%.
The most recent adjustment, implemented on July 1, 2024, under Decree 75, resulted in a 15% increase, contributing to improved living standards for beneficiaries. The additional increase for those who retired before 1995 also helped narrow the gap with those who retired after that date.
However, according to the Ministry of Interior, the current adjustment policy still reveals many shortcomings. The uniform percentage increase over many years has widened the gap between high and low pension groups. Those with high pensions continue to benefit more with each adjustment, creating a "cumulative effect," while not fully reflecting the principle of contribution-benefit.
Between 2016 and 2025, pensions increased by 71.09%, significantly higher than the increase in the consumer price index (34.85%) and the investment interest rate of the social insurance fund (67.28%). This resulted in a faster increase in benefits compared to previous contribution levels.
The pressure to balance the fund is also increasing in the context of an aging population. In 2024, pension and death benefit expenditures were 2.63 times higher than in 2016, while revenue only increased 2.19 times. The expenditure-to-revenue ratio increased from 65.14% to 78.37%.
The recent adjustments to pensions have been linked to adjustments in the base salary, which is one of the reasons for the high increase. This agency is studying amendments to related regulations, in conjunction with salary reform under Resolution 27 and social insurance reform under Resolution 28, in order to address the shortcomings.
According to a proposal from the Ministry of Interior in a draft decree currently under review by the Ministry of Justice, pensions, social insurance benefits, and monthly allowances are expected to increase by 8% from July 1, 2026, compared to the June 2026 levels.
Source: https://baotintuc.vn/xa-hoi/luong-huu-da-so-la-muc-duoi-10-trieu-dong-moi-thang-20260507123125163.htm
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