Mr. Hoang Trong Chinh, Deputy Director of Hue City Social Insurance

Regarding the conditions for retirement benefits, Mr. Hoang Trong Chinh said:

Based on working conditions regarding regional allowances, arduous, toxic, dangerous occupations or especially arduous, toxic, dangerous occupations, the retirement age of employees (NLĐ) prescribed in Points a, b and c, Clause 1, Article 2 of Decree No. 178 and amended and supplemented in Article 2 of Decree No. 67 is determined corresponding to the month and year of birth prescribed in Appendix I and II issued with Decree 135/2020, dated November 18, 2020 of the Government . Employees are not subject to a deduction in the pension rate when their retirement age is lower than the retirement age prescribed in Appendix I of Decree 135/2020 of the Government up to 10 years old and when their retirement age is lower than the retirement age prescribed in Appendix II of Decree 135/2020 of the Government up to 5 years old.

The determination of the date and month of birth as prescribed in Decree No. 178 is the time used as the basis for calculating the age to enjoy the policy and leave regime, which is the day of the month following the month of birth; in case the date and month of birth in the year are not specified in the records, January 1 of the year of birth shall be taken. In case the date and month of birth on the social insurance book are inconsistent with the party member's personal history, the settlement of social insurance regime according to regulations shall be based on the party member's personal history (original records) for the party member.

The conditions for the period of social insurance contribution to receive pension are determined based on the provisions of Article 54 of the Law on Social Insurance 2014 for those who receive pension before July 1, 2025 and Article 64 of the Law on Social Insurance 2024 for those who receive pension from July 1, 2025 onwards. The time for receiving pension of employees is the time when the conditions are met as stated in the decision to quit the job of the agency or unit directly managing the civil servant.

Insurance policy consulting for employees

So how will employees who retire before the retirement age under this Decree receive their pension?

Decree 67/2025 has amended and supplemented a number of articles of Decree 178 on regimes and policies for civil servants, public employees and armed forces in the arrangement of organizational apparatus. Specifically, people who retire before the retirement age under this Decree are entitled to pensions according to the provisions of the Law on Social Insurance without having their pension rates deducted. The Social Insurance agency will resolve the regime based on the records, including the social insurance book and the retirement decision transferred by the employer. The review of subjects and allowances for people who retire before the retirement age and severance allowances according to Decree 178/2024 are carried out by the agencies and units managing civil servants, public employees and employees.

The rate of benefit must still be based on the current Social Insurance Law, specifically as follows: Male workers receive a rate of 45% corresponding to 20 years of social insurance contributions, female workers receive a rate of 45% corresponding to 15 years of social insurance contributions. After that, for each additional year of social insurance contributions, employees will be calculated an additional 2% until reaching the maximum level of 75%. Thus, male workers must have 35 years of social insurance contributions, female workers must have 30 years of social insurance contributions to receive the maximum pension of 75%.

From July 2025, according to the Law on Social Insurance 2024, the monthly pension of eligible subjects specified in Article 64 of this Law (with a mandatory social insurance payment period of 15 years or more) is calculated as follows: For female employees, it is 45% of the average salary used as the basis for social insurance payment specified in Article 72 of this Law, corresponding to 15 years of social insurance payment; then, for each additional year of payment, an additional 2% is calculated, up to a maximum of 75%; for male employees, it is 45% of the average salary used as the basis for social insurance payment specified in Article 72 of this Law, corresponding to 20 years of social insurance payment; then, for each additional year of payment, an additional 2% is calculated, up to a maximum of 75%.

In case a male employee has paid social insurance for 15 years but less than 20 years, the monthly pension is equal to 40% of the average salary used as the basis for paying social insurance as prescribed in Article 72 of this Law, corresponding to 15 years of paying social insurance. After that, for each additional year of payment, 1% will be added. The time to receive pension is the time stated in the decision on early retirement.

Insurance policy consulting for employees

Sir, to create the best conditions for retirees according to Decree 67 in Hue city, how has the Social Security agency prepared?

According to the provisions of Decision No. 166, dated January 31, 2019 of Vietnam Social Security on the process of settling social insurance benefits, paying social insurance and unemployment insurance benefits, for settling pension benefits, within 12 days from the date of receiving complete dossiers of pension beneficiaries, the Social Security agency will settle payments to employees. At the same time, to settle pension benefits, officers will base on the dossiers transferred by the employer (including the retirement decision for employees). Thus, people who retire early according to Decree 178/2024 (amended and supplemented in Decree 67/2025) receive pensions depending on the decision to retire early and the time of transferring the dossier to the Social Security agency.

To best and promptly serve employees, Hue City Social Insurance focuses on directing district-level Social Insurance as well as related departments to promptly resolve retirement regimes for employees, ensuring timely pension payments. If the employer has issued a pension decision but has not yet transferred the file to the Social Insurance for settlement, the pension payment will be made as soon as possible after having all the documents.

So, if the employee quits his job according to Decree 67 but is not yet old enough to retire, can he continue to participate in social insurance to receive a pension later?

In case an employee quits his/her job according to Decree 67 while waiting to find a new job, he/she can receive unemployment benefits. When receiving unemployment insurance, in addition to being compensated for a part of his/her income when unemployed, he/she has access to accompanying services, such as: vocational training to improve professional skills or change careers; job counseling and referrals to quickly find a new job... At the same time, unemployed people also enjoy health insurance for use in medical examination and treatment.

During the period of unemployment benefits, employees can continue to pay voluntary social insurance to accumulate more years of social insurance participation. When the period of unemployment benefits ends and employees find a new job, they will continue to pay compulsory social insurance. If they choose to do freelance work, they can still participate in voluntary social insurance to increase their pension later.

Thank you!

Thanh Huong (performed)

Source: https://huengaynay.vn/chinh-tri-xa-hoi/an-sinh-xa-hoi/dam-bao-chi-tra-luong-huu-kip-thoi-cho-nguoi-lao-dong-152879.html