Speaking at the Ministry of Labour, Invalids and Social Affairs on July 30, Deputy Minister Nguyen Ba Hoan said that in the first half, the ministry proposed the Government issue Decree No. 75/2024/ND-CP on adjusting monthly pensions, social insurance benefits and allowances.

He said during the period, the development of social insurance and unemployment insurance participants was promoted. The number of social insurance participants by the end of June 2024 was about 18.3 million, accounting for 39.05% of the working-age workforce, an increase of 1.16 million over the same period last year. Meanwhile, there were 14.2 million unemployment insurance participants, up 1.67% year-on-year.

As many as 466,000 people received unemployment benefits in H1, a decrease of 10.1% over the same period last year.

Hoan said that the ministry also continued to implement resolutions and directives on salary reform, building harmonious, stable and progressive labour relations.

The ministry effectively implemented policies for revolutionary contributors. The standard preferential allowance for revolutionary contributors increased by 35.7% from 2.055 million VND to 2.789 million VND./. VNA