“One of the major changes in the revised law is the introduction of social pension benefits, establishing a multi-layered social insurance system. This new benefit is funded by the State and builds on existing provisions for elderly individuals who do not receive pensions or monthly social insurance benefits. The eligibility age for social pension benefits has been lowered from 80 to 75 years. Additionally, individuals aged 70 to 75 from poor and near-poor households will also qualify for these benefits.” – Viet Nam News
Source: Law on Social Insurance 2024 to enhance social security (vietnamnews.vn)
Law On Social Insurance 2024 To Enhance Finance Security
