The content of the article presents the newest regulations on the suspension from or continuation of enjoyment of pension or monthly social insurance allowance in Vietnam.
Recently, Vietnam Social Security has provided guidance on the implementation of payment of monthly pension and social insurance benefits via personal accounts for beneficiaries
Currently, there are many cases where an employee in Vietnam may be considered for early retirement for various reasons. What are poplicies and benfits for these employees?
The pension for women in Vietnam has just been adjusted according to Decree 153/2018/ND-CP. This Decree was recently promulgated. It will come into effect at the end of this year.
Recently, Lawnet has updated several legislative documents in Vietnam on the elaboration of increase in salary, pension, and allowances effective from July 1, 2017. To facilitate the monitoring and research of our esteemed members, Lawnet would like to provide the following updates and summaries:
From the 16th year onward of participating in compulsory social insurance in Vietnam, for each additional year of social insurance contribution, female employees shall receive an additional 2% of their pension, which is a 1% reduction compared to the previous regulation. Additionally, the number of years male employees need to contribute to social insurance to qualify for pension will increase annually. For specific conditions and pension benefits for each subject, individuals can refer to the comprehensive summary below.
As far as I know, in order to receive the full pension rate upon retirement, the employee in Vietnam must meet the statutory conditions. In the event that an employee cannot fully meet these conditions, is there a way for them to still receive the highest benefits?
Individuals who retired from the year 2020 will experience changes in their pension benefits due to the impact of certain legal provisions under the Law on Social Insurance 2014 of Vietnam.
Pension is an important policy aimed at ensuring income for workers who have reached retirement age in order to stabilize their lives. In the case where a worker has reached the retirement age but has not yet accumulated the required number of years of Social Insurance contributions, how can they receive a retirement pension?
To be eligible for a pension in old age, freelance workers participating in voluntary social insurance must meet age requirements and the specified number of years of social insurance contributions. The following article will clarify certain regulations related to pension benefits for participants of voluntary social insurance in Vietnam.
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