This article presents the conditions and procedures for considering and deciding on retirement at an older age for public employees according to current legal regulations in Vietnam.
Decree 153/2018/ND-CP has just been issued with many new regulations on retirement applied to female employees, who receive pensions during the period from 2018 to 2021, with a social insurance contribution period ranging from 20 years to 29 years and 6 months in Vietnam.
The Draft Decree on regulations for retirement age and pension eligibility conditions is currently open for public comments online and is expected to take effect from January 01, 2021. In addition to stipulating the roadmap for adjusting the retirement age for employees in ordinary working conditions, this Draft also details the roadmap for amendments to the early retirement from 2021.
Draft Decree stipulating the retirement age and conditions for receiving a pension is currently in the public consultation phase and is expected to take effect from January 1, 2021. One notable content in this Draft is the provision for late retirement for Vietnamese officials.
This is notable content prescribed in Official Dispatch 5081/BNV-CCVC of the Ministry of Home Affairs regarding the implementation of regulations related to retirement age as stipulated in the Labor Code of 2019.
Below is a notable content stipulated in Circular 16/2013/TT-BCA issued by the Ministry of Public Security of Vietnam, regulating the procedures to be followed when a People's Public Security officer retires to receive a pension.
To provide guidance on the regulations adjusting the retirement age for employees under the Labor Code, Hanoi has issued Decree 135/2020/ND-CP, which will officially take effect in Vietnam from January 01, 2021.
The Labor Code 2019, which has just been passed, officially takes effect on January 1, 2021, with many notable new provisions, particularly the regulations regarding the eligibility conditions for employee pensions in Vietnam.
Parent company: THU VIEN PHAP LUAT Ltd.
Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
P.702A , Centre Point, 106 Nguyen Van Troi, Ward 8, Phu Nhuan District, HCM City;