Specifically, the Law has amended and supplemented social pension benefits for the elderly who do not receive monthly pensions or social insurance benefits. The age of receiving social pension benefits is also 5 years lower than the current age of receiving social benefits. Elderly people from poor and near-poor households who meet the conditions are also entitled to social pension benefits. The addition of social pension benefits aims to form a multi-layered social insurance system.

The 2024 Social Insurance Law also determines compulsory social insurance participation for other subjects who have stable and regular jobs and incomes, such as: business owners of registered business households; non-professional workers at the commune, village, and residential group levels; part-time workers; etc. This provision facilitates the expansion of compulsory social insurance participation to other groups of subjects in accordance with changes in labor relations, socio-economic development conditions, and the future lives of workers. In addition, voluntary social insurance contributions are also eligible for maternity benefits. The 2024 Social Insurance Law has reduced the minimum number of years of social insurance contributions to receive pensions from 20 years to 15 years. Supplementary pension insurance, adding options to receive higher pensions. Flexible payment and benefits of social insurance for people working abroad.

With many new points being revised and supplemented towards increasing benefits for participants and reducing and simplifying documents and procedures in implementing social insurance, it also encourages and creates more favorable conditions for employees to participate in social insurance.