Expected to spend more than 400 billion VND for full-time union officials to retire

The Vietnam General Confederation of Labor said it is expected that 425 full-time union officials working under labor contracts who quit their jobs will enjoy new policies and regimes.

Deputy Head of Labor Relations Department of Vietnam General Confederation of Labor Ho Thi Kim Ngan - Photo: TUAN DUNG

At the press conference organized by the Vietnam General Confederation of Labor on September 19, Deputy Head of the Labor Relations Department of the Vietnam General Confederation of Labor Ho Thi Kim Ngan said that there were 425 full-time union officials working under labor contracts before January 15, 2019 who were eligible for benefits under Resolution 07/2025/NQ-CP.

Payment of policies and regimes for full-time union officials must be made no later than November 1. It is estimated that the amount of money spent on full-time union officials on contract who have resigned due to organizational restructuring will need more than 400 billion VND.

"The units will issue decisions on early retirement or resignation in October," Ms. Ngan said.

According to Resolution 07, full-time union officials working under labor contracts (receiving salaries and allowances from union finances) are one of the five groups of people who quit their jobs due to organizational restructuring and are entitled to policies. Specifically:

- People with less than 2 years left until retirement age will receive a one-time pension equal to 0.8 months of current salary multiplied by the number of months of early retirement compared to the retirement date.

- People with 2-5 years left before retirement age are entitled to a one-time pension benefit equal to 0.8 months of current salary multiplied by the number of months of early retirement compared to the retirement date.

At the same time, this group is subsidized 4 months of current salary for each year of early retirement or subsidized 3 months of current salary for the first 15 years of work with compulsory social insurance.

From the 16th year onwards, each year of work with compulsory social insurance payment will receive a subsidy of 0.5 month of current salary.

- People with 5 - 10 years left before retirement age receive a one-time pension equal to 0.7 months of current salary multiplied by 60 months.

At the same time, this group is subsidized 3 months of current salary for each year of early retirement compared to retirement age and is subsidized 3 months of current salary for the first 15 years of work with compulsory social insurance.

From the 16th year onwards, each year of compulsory social insurance payment will receive a subsidy of 0.5 month of current salary.

- People who are not eligible for early retirement will receive a one-time severance policy equal to 0.6 months of current salary multiplied by the number of months of severance allowance.

At the same time, receive a subsidy of 1.5 months of current salary for each year of working and paying compulsory social insurance; reserve social insurance payment time or receive one-time social insurance as well as unemployment insurance.

- Retirement age people will enjoy the same policies and regimes as those for cadres, civil servants, public employees, workers and armed forces who have reached retirement age. The subsidy fund for people working outside the payroll quota at associations assigned by the Party and State at the provincial and district levels before July 1 is taken from the union's finances.

The General Confederation of Labor noted that those who are eligible for compulsory social insurance to receive pensions in the above groups will receive pensions and will not have their pension rates deducted due to early retirement.

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Source: https://tuoitre.vn/du-kien-chi-hon-400-ti-dong-cho-can-bo-cong-doan-chuyen-trach-nghi-viec-2025091912525359.htm