Pension and social insurance benefit recipients register to receive benefits via personal accounts (ATM).
In order for the monthly payment of pensions and social insurance benefits to continue to take place smoothly, ensuring the smooth operation of beneficiaries' rights when operating two-level local governments and in accordance with the provisions of the amended Social Insurance Law 2024 effective from July 1, 2025, beneficiaries need to note some changes in the authorization to receive pensions and social insurance benefits as follows:
- Regarding authorization to receive pensions and social insurance benefits: In case of authorization to receive pensions, social insurance benefits and other regimes, the authorization document is valid for a maximum of 12 months from the date of establishment of authorization; The authorization document must be certified according to the provisions of law on certification.
For Power of Attorney established in accordance with the provisions of Law No. 58/2014/QH13 (Law on Social Insurance 2014), it shall be effective until June 30, 2025. After July 1, 2025, the beneficiary must re-establish the authorization or carry out the certification procedures in accordance with the regulations in a timely manner to avoid interruption in receiving monthly pension and social insurance benefits.
- Annually, beneficiaries of social insurance benefits through personal accounts opened at banks are responsible for coordinating with the social insurance agency or service organizations authorized by the social insurance agency to verify information on eligibility for social insurance benefits according to regulations.
Source: https://baolaocai.vn/mot-so-luu-y-ve-uy-quyen-nhan-luong-huu-moi-theo-luat-bhxh-sua-doi-post649831.html
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