Official Increase in Retirement Age for Workers from 2021

17:02, 10/07/2024

This is an important content stipulated in Resolution 28-NQ/TW of the 12th Central Executive Committee on the reform of social insurance policies.

Illustration (source: internet)

At Section 7, Part III of Resolution 28-NQ/TW, it states from 2021, adjustments to retirement age will be implemented according to the goal of increasing the general retirement age, gradually narrowing the gender gap in retirement age regulations; for special occupations, workers have the right to retire early, or up to 5 years later than the general retirement age.

The Resolution also affirms that the adjustment to increase the retirement age will have a roadmap suited to economic growth, addressing employment and unemployment; not causing negative impacts on the labor market; ensuring quantity, quality, and population structure; gender equality; long-term balance of the Social Insurance Fund; the trend of population aging; the nature and type of labor and among various industries and fields.

See detailed content at Resolution 28-NQ/TW issued on May 23, 2018.

Duy Thinh

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