Many new features in the 2024 Social Insurance Law expand the social security network.

The amended Social Insurance Law of 2024, effective from July 1, 2025, adds many new benefits, expands the scope of compulsory and voluntary social insurance participation, reduces the number of years of contributions required to receive a pension, and strengthens sickness, maternity, and retirement benefits. This is an important step towards a multi-tiered social insurance system that covers the entire population.

The Social Insurance Law of 2024, which came into effect on July 1, 2025 and is currently being implemented, has nine new, key provisions that need attention. Specifically, they are as follows:

Paying pensions in cash to beneficiaries.

1. Supplementing social retirement benefits to form a multi-tiered social insurance system (including social retirement benefits; compulsory and voluntary social insurance; supplementary retirement insurance to aim for universal social insurance coverage): In which, social retirement benefits are a type of social insurance guaranteed by the state budget for eligible elderly people as prescribed.

2. Supplementing the monthly allowance scheme for Vietnamese citizens who have reached retirement age but do not have enough contribution time to receive a pension and do not meet the conditions for receiving social retirement benefits, if they do not receive a lump-sum social insurance payment and do not retain their contributions but make a request, they will be entitled to a monthly allowance from their own contributions.

3. Expand the scope of mandatory social insurance participation to include business owners of registered business households; non-professional workers at the commune, village, and residential group levels; part-time workers; enterprise managers, auditors, representatives of state capital, representatives of enterprise capital as prescribed by law; members of the Board of Directors, General Director, Director, members of the Supervisory Board or auditors and other elected management positions of cooperatives and cooperative unions as prescribed by the Law on Cooperatives who do not receive salaries.

4. Supplement the right to receive sickness and maternity benefits for part-time officials at the commune level, instead of only receiving retirement and death benefits.

5. Supplementing maternity benefits for voluntary social insurance policy: Individuals participating in voluntary social insurance who meet the prescribed conditions are entitled to a maternity allowance of 2 million VND for each newborn child, guaranteed by the state budget.

6. Increase the chances of social insurance participants receiving a pension by reducing the minimum number of years of social insurance contributions required to receive a pension from 20 years to 15 years.

7. Strengthen legal compliance and protect the legitimate rights and interests of workers by dedicating a separate chapter to regulating the management of social insurance contributions; clarifying the meaning and handling of late payments and evasion of social insurance contributions. Stipulate the responsibilities of provincial People's Committees in directing and organizing the implementation of social insurance policies, expanding the number of participants in compulsory and voluntary social insurance, and addressing late payments and evasion of compulsory social insurance contributions within their localities.

8. Facilitate participation and benefits for social insurance beneficiaries by supplementing regulations on electronic transactions in the social insurance sector; adjusting, reducing, and simplifying social insurance procedures and documentation; and supplementing regulations on assessing people's satisfaction with the implementation of social insurance policies and regulations.

9. Amend and supplement regulations on social insurance schemes to better suit practical realities and ensure better protection of workers' rights, such as: Adding regulations on sick leave benefits for cases of non-full-day sick leave; Adding conditions for maternity benefits when giving birth for cases requiring leave for infertility treatment; Amending and supplementing regulations on one-time retirement allowances to encourage workers to continue working and contributing to social insurance after retirement age; Workers are entitled to health insurance contributions from the social insurance fund during sick leave or maternity leave of 14 working days or more in a month.

Source: https://baotintuc.vn/xa-hoi/nhieu-diem-moi-trong-luat-bhxh-2024-mo-rong-mang-luoi-an-sinh-20251029155905253.htm