On August 24, 2021, the Ministry of Home Affairs of Vietnam issued Official Dispatch 4126/BNV-TCBC on determining the age entitled to early retirement benefit for cases subject to downsizing.
According to Vietnam's Official Dispatch 4126/BNV-TCBC, the subjects of downsizing have the following: retirement age under normal working conditions is at most 5 years lower than the retirement age of the year of downsizing as prescribed in Clause 2, Article 4 of Vietnam's Decree 135/2020/ND-CP; 20 years of paying social insurance premiums or more, depending on the specific case, they will be entitled to the early retirement policy according to Clause 2, Article 1 of Vietnam's Decree 143/2020/ND-CP.
Subjects of downsizing have: a retirement age that is lower than the retirement age under normal working conditions, and the age is at most 5 years lower than the retirement age of the year in which the downsizing is performed as prescribed in Clause 1 of Article 5 of Vietnam's Decree 135/2020/ND-CP; 20 years of paying social insurance premiums or more (in which if they have a full 15 years of working in heavy, hazardous, or dangerous occupations or jobs, or particularly heavy, toxic, or dangerous jobs; or a full 15 years of working in an area with extremely difficult socio-economic conditions, they are entitled to the policy of early retirement according to Clause 2, Article 1 of Vietnam's Decree 143/2020/ND-CP.)
Vietnam's Official Dispatch 4126/BNV-TCBC dated August 24, 2021
Requirements for participating in the input quality accreditation of officials; Criteria for assessment of the result of professional training in firefighting ...
On February 23, 2023, the Prime Minister of Vietnam promulgated
On February 15, 2023, the Government of Vietnam promulgated Decree No.
Address: | 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City |
Phone: | (028) 7302 2286 |
E-mail: | info@lawnet.vn |