Implementation of Pension and Allowance Adjustment from July 1, 2017

This is the main content of Official Dispatch 3162/BHXH-CSBH regarding the adjustment of pensions, social insurance allowances, and monthly allowances in accordance with Decree 76/2017/ND-CP.

from July 1, 2017:

- Adjust the pension, social insurance benefits, and monthly allowances for subjects according to Decision 91/2000/QD-TTg and Decision 613/QD-TTg, rubber workers by increasing 7.44% compared to the rate in June 2017.- Adjust the occupational accident and disease benefit by increasing 7.44% compared to the rate in June 2017.- Adjust the monthly survivors' benefit for dependents as follows:- For the benefit rate equal to 40% of the general minimum wage: Monthly allowance = 520,000 VND;- For the benefit rate equal to 50% of the general minimum wage: Monthly allowance = 650,000 VND;- For the benefit rate equal to 70% of the general minimum wage: Monthly allowance = 910,000 VND.

According to Official Dispatch 3162, the Social Insurance has the responsibility to promptly, fully, and conformably disburse to the beneficiaries of pensions and allowances; retroactively pay in specific cases.

See details in Official Dispatch 3162/BHXH-CSBH dated July 27, 2017.

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