Vietnam Post Office announces detailed pension and benefit payment schedule for May

Vietnam Post Office announces detailed pension and benefit payment schedule for May
Vietnam Post Office announces detailed pension and benefit payment schedule for May
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Accordingly, in the payment period of pensions and social insurance benefits in May 2024, Vietnam Post will make payments to more than 3.3 million beneficiaries with a total amount of over 18,000 billion VND.

Pay pensions to beneficiaries at a post office.

Payment via ATM account to beneficiaries will be made by Vietnam Post immediately upon receiving the list and money from Social Insurance (Social Insurance), no later than the next day. Payment time at payment points in communes, wards and towns starts from May 2 – 10, while payment time at post office transaction points is from May 11 – 25.

However, in each locality, Post Offices of provinces/cities/centers will coordinate with local social insurance agencies to decide on the specific monthly pension and social insurance benefit payment time appropriate to each locality. . The time to start paying pensions and social insurance benefits in localities must not be many days later than the general regulations. The period ends on the same day as the general regulations.

When coming to receive payment at the payment point, the pensioner, social insurance benefit recipient and the authorized recipient need to bring the prescribed documents: payment card and valid authorization letter.

Because the May 2024 payment period is carried out right after the long holiday, to ensure the best service for pensioners and social insurance beneficiaries, Vietnam Post has issued an official telegram requesting post offices. The province/city/center carefully prepares work related to payment. In addition to focusing on paying the maximum amount accurately and wholeheartedly at the payment point, units arrange human resources to organize timely payments at home for beneficiaries who are elderly, lonely, sick, or infirm. ability to receive, and at the same time strengthen inspection and supervision during the payment process to handle and resolve arising situations, if any.

In particular, in addition to payments at points, for beneficiaries who are old and weak, unable to travel, and do not have an authorized recipient, the Post Office has made payments at home, without collecting fees. from the beneficiary. With the advantage of a wide network covering every village, the Post Office staff already has a good grasp of the area, so it is easy to grasp the recipient’s address to serve at home, thereby helping the needy. loved and trusted more and more in the State’s policies and regimes.

Implement the policy of developing non-cash payments in the payment of social security regimes, including pensions and social insurance benefits, based on the national database on population and time. Recently, Vietnam Post has coordinated with relevant agencies to propagate and mobilize beneficiaries to open bank accounts to receive benefits.

The Post Office has cooperated with a number of banks to connect the system so that beneficiaries with accounts at these banks can withdraw money at the Post Office’s transaction points. Postal staff will assist beneficiaries with payment accounts opened at affiliated banks to withdraw social security benefits from their accounts right at the post office or the nearest service point of the post office.

Vietnam Post also negotiated with banks to build basic accounts, waive fees, and no balance requirements for beneficiaries. This payment method will remove difficulties in non-cash payments for groups of beneficiaries in remote areas, with difficulties in moving to cash points and accessing technology. information.

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