Is Early Retirement Allowed with 30 Years of Social Insurance Contributions?

I was born on September 20, 1969 and have been a physical education teacher with 30 years of social insurance contributions. I would like to know if I can retire early. Please advise.

The issue you inquired about regarding the eligibility for a pension based on your age and occupation is as follows:

Since you are a teacher, you fall under the category specified in Point c Clause 1 Article 2 of the Law on Social Insurance 2014, which includes “officials and public employees.” Therefore, you will meet the criteria.

* If you are a male, you will be eligible for a pension under the following conditions:

- According to Point b Clause 1 Article 55 of the Law on Social Insurance 2014, males who are 50 years old and have a work capacity reduction of 81% or more.

If you are a female, you will be eligible for a pension under the following conditions:

- According to Point a Clause 1 Article 55 of the Law on Social Insurance 2014, females who are 50 years old and have a work capacity reduction of 61% or more.

- According to Point b Clause 2 Article 55 of the Law on Social Insurance 2014, females who are 45 years old and have a work capacity reduction of 81% or more.

Therefore, if you do not fall under any of the above cases, you do not meet the conditions for a pension upon retirement.

This is the consultation provided by the Editorial Board.

Sincerely!

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