Retirement pension increases by 9.6 percent

Monthly retirement pension and social insurance allowance have increased by 9.6 percent since July 1, according to a recently approved decree of the Vietnamese Government.

(photo: GTVT)

(photo: GTVT)

According to Decree 73/2013/ND-CP issued on July 15, the increase also applies to monthly allowances paid to officials working at commune, ward and town agencies and members of the People’s Army and People’s Police forces.

In addition, social welfare benefits for those who are no longer capable of working as well as monthly allowance for rubber plantation workers will be raised by the same level.

Source: VNA