Vietnam’s social insurance agency and several localities have reported difficulties with the current one-year validity period for pension power of attorney documents. The existing regulation creates inconvenience as individuals must repeatedly renew authorizations after 12 months. This requirement places an administrative burden on both pensioners and relevant authorities. The social insurance agency has acknowledged these concerns and is considering changes to the policy. A potential revision aims to streamline the process and reduce the frequency of required renewals. The proposed changes seek to address practical challenges encountered since the rule’s implementation, improving accessibility for pensioners relying on authorized representatives. Details regarding the specific changes and timeline for implementation are pending.
