What are ways to receive pension in Vietnam from July 1, 2025? What does application for enjoyment of pension for compulsory social insurance participants in Vietnam?
What does the application for lump-sum social insurance benefit include?
Pursuant to Article 78 of the Social Insurance Law 2024 stipulating the application for lump-sum social insurance benefit in Vietnam:
(1) The application for lump-sum social insurance benefit includes:
- Social insurance book;
- Written request for one-time social insurance by the employee.
(2) In cases specified in point b clause 1 Article 70 of the Social Insurance Law 2024, in addition to the application mentioned in (1), it additionally includes a copy of a certificate from a competent authority regarding the renunciation of Vietnamese nationality or a certified or notarized Vietnamese translation of any of the following documents:
- Passport issued by a foreign country;
- Visa issued by a competent foreign authority confirming permission for entry to settle abroad;
- Long-term resident card issued by a competent foreign authority;
- Other legal documents showing settlement abroad as regulated by the Government of Vietnam.
(3) In cases specified in point c clause 1 and point b clause 2 Article 70 of the Social Insurance Law 2024, in addition to the application mentioned in (1), it additionally includes a summary of the medical record or the original or a copy of the discharge paper.
(4) In cases specified in point d clause 1 and point c clause 2 Article 70 of the Social Insurance Law 2024, in addition to the application mentioned in (1), it additionally includes a medical assessment record of the reduction in labor capacity by the Medical Examination Council or a copy of the certification of severe disability.
What are ways to receive pension in Vietnam from July 1, 2025? What does application for enjoyment of pension for compulsory social insurance participants in Vietnam? (Image from the Internet)
What does application for enjoyment of pension for compulsory social insurance participants in Vietnam?
Pursuant to Article 77 of the Social Insurance Law 2024 on application for enjoyment of pension for compulsory social insurance participants in Vietnam:
(1) The application for enjoyment of pension for compulsory social insurance participants in Vietnam includes:
- Social insurance book;
- The original or a copy of the document confirming the termination of the labor contract or the document terminating work, or the request document from the following persons:
(i) Employees working abroad under contracts as stipulated in the Law on Vietnamese Workers Working Abroad under Contracts, except for cases where international treaties to which the Socialist Republic of Vietnam is a member have other provisions;
(ii) Spouses not receiving a salary from the state budget assigned to a mission term along with a member of the representative agency of the Socialist Republic of Vietnam abroad receiving living expenses policies;
(iii) Business household heads of registered business households participating as regulated by the Government of Vietnam;
(iv) Business managers, controllers, representatives of state capital, representatives of enterprise capital according to the law; members of the Board of Directors, General Director, Director, members of the Supervisory Board or controllers, and other elected management titles of cooperatives, cooperative unions as regulated in the Cooperative Law not receiving a salary.
(2) The application for claiming a pension for those who are preserving the compulsory social insurance contribution period includes:
- Social insurance book;
- Request document from the person preserving the compulsory social insurance contribution period.
(3) In the case specified in Article 65 of the Social Insurance Law 2024, in addition to the application mentioned in (1), it additionally includes:
- Medical assessment record of the reduction in labor capacity by the Medical Examination Council;
- Or a copy of the certificate of severe or particularly severe disability indicating the conclusion of the Medical Examination Council clearly stating the percentage of reduction in labor capacity.
(4) In the case specified in point d clause 1 and point c clause 2 Article 64 of the Social Insurance Law 2024, in addition to the application mentioned in (1), it additionally includes a copy of the certificate of HIV infection due to an occupational accident.
What are ways to receive pension in Vietnam from July 1, 2025 under the Social Insurance Law 2024?
Pursuant to Article 93 of the Social Insurance Law 2024, there are 03 ways to receive a pension for compulsory social insurance participants. To be specific:
(1) Through the beneficiary's account opened at a commercial bank or branch of a foreign bank established and operating in Vietnam.
(2) Directly from the social insurance agency or a service organization authorized by the social insurance agency.
(3) Through the employer.
At the same time, Article 114 of the Social Insurance Law 2024 specifies 02 ways to receive a pension for voluntary social insurance participants, specifically:
(1) Through the beneficiary's account opened at a commercial bank or branch of a foreign bank established and operating in Vietnam.
(2) Directly from the social insurance agency or a service organization authorized by the social insurance agency.
The Social Insurance Law 2024 takes effect in Vietnam from July 01, 2025.
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