National Assembly delegates propose designing a pension calculation method that is shared

On the morning of May 27, at the 7th session of the National Assembly , the Draft Law on Social Insurance was discussed. National Assembly deputies expressed their concerns about the minimum period of social insurance payment to receive pension; how to calculate pension; adjustment of monthly allowances...

Scene of the discussion session on the morning of May 27 - Photo: Quochoi.vn

Design a suitable pension calculation

Discussing the regulation on reducing the minimum number of years of social insurance contributions for participants to receive pensions from 25 to 15 years as stipulated in Article 68 of the Draft Law, National Assembly delegate Vuong Thi Huong ( Ha Giang province delegation) affirmed: this policy aims to concretize Resolution No. 28-NQ/TW of the Central Executive Committee on reforming social insurance policies, which is in line with reality. However, because the monthly pension is calculated based on the time of contribution to the salary and income used as the basis for social insurance contributions, reducing the condition on the time of social insurance contributions will cause more cases of workers retiring with very low pensions, with male workers receiving only 33.75%.

In addition, the Draft Law no longer stipulates the lowest monthly pension as stipulated in Clause 5, Article 56 of the Social Insurance Law 2014. This is something that many workers are very concerned about and worry about, which could lead to the impoverishment trend of a segment of the population in the future. Therefore, delegate Vuong Thi Huong suggested that the Drafting Committee consider designing a pension calculation method that is shared to support those with very low pensions to ensure their lives.

National Assembly Delegate Vuong Thi Huong (Ha Giang province delegation)

Concerned about the regulation to reduce the insurance payment period to 15 years to receive pension. National Assembly delegate Vo Manh Son ( Thanh Hoa Province Delegation) said that if this plan is approved, there will be a group of workers who participate in social insurance late or participate intermittently but when they reach retirement age, they have not accumulated enough 20 years of social insurance payment to receive monthly pension.

However, the pension level will be periodically adjusted by the State and during the period of receiving the salary, the Social Insurance Fund will buy health insurance. Although the pension level may be more modest than those with a long contribution period, it still contributes to ensuring a better life for workers when they retire.

Concerns about pensions for military personnel

Regarding the implementation of social insurance in the army, National Assembly delegate Hoang Huu Chien (An Giang Province Delegation) said that through the implementation of social insurance, some cadres working in some specific sectors and fields of the army when retiring have not yet received the maximum pension of 75%. Meanwhile, some sectors and industries are difficult to recruit due to high and strict requirements on health, professional expertise, and elaborate and expensive training costs (such as pilots, submarine sailors, radar forces, aviation engineering, chemistry, etc.). However, due to job requirements, the working age is limited. Thus, excluding the training time, the working time in some sectors is only 12, 15 or 18 years before having to transfer jobs or retire.

National Assembly Delegate Hoang Huu Chien (An Giang Provincial Delegation)

On the other hand, the working environment in these fields is greatly affected by psychology, physiology, health, risks... In these cases, if they cannot be arranged to use another job and cannot change their industry, when they retire, they will not have enough time to pay social insurance, and thus will not be entitled to a maximum pension of 75% of their salary.

From the above issues, delegate Hoang Huu Chien proposed that the National Assembly drafting agency consider adding a clause to Article 70 of the Draft Law regulating the calculation of monthly pension levels so that the above subjects can enjoy the maximum pension level.

"The plan is that from the 21st year for men and from the 16th year for women, each year they will receive an additional 3% up to a maximum of 75%; or this content will be assigned to the Government to specify in detail for a number of specific sectors and fields of activity, including the activities of the Army and the Police" - delegate Hoang Huu Chien stated.

National Assembly Delegate Ha Hong Hanh (Khanh Hoa Provincial Delegation)

Regarding the adjustment of monthly allowances, National Assembly delegate Ha Hong Hanh (Khanh Hoa Province delegation) suggested that the Drafting Committee consider the regulation: adjusting the monthly allowance level to the social pension level for employees who are receiving monthly allowances for whom the Government adjusts the social pension level. The delegate explained that this is from two different sources. Social pension is based on the capacity of the State Budget; the allowance is paid entirely from the Social Insurance Fund on the principle of contribution-receipt. In case the social pension level adjusted by the Government is much different from the current level, it will have a big impact on the Social Insurance Fund.

Delegates participating in the discussion session

The assessment of the identification of subjects and conditions for receiving social pension benefits is 75 years of age or older; no pension, monthly social insurance benefits and other monthly social benefits as prescribed by the Government; the benefit level including monthly benefits, health insurance and funeral benefits in the Draft Law is a step forward in protecting and supporting the elderly without pensions.

However, National Assembly delegate Thach Phuoc Binh (Tra Vinh Province Delegation) said that it is also necessary to consider the most beneficial level for eligible entities and balance costs from the State Budget; at the same time, it is also necessary to base on the average life expectancy of Vietnamese people.

Source: https://kinhtedothi.vn/dai-bieu-quoc-hoi-de-nghi-thiet-ke-cach-tinh-luong-huu-co-tinh-chia-se.html