Ministry of Home Affairs proposes new pension time from July 1

Social insurance officers handle procedures, including pension payments for employees at the one-stop department - Photo: HA QUAN

Specifically, the Ministry of Home Affairs is drafting a circular detailing the time of pension payment for each retirement case according to the 2024 Social Insurance Law.

The 2019 Labor Code clearly states that the retirement age of employees under normal conditions will increase by 3 months for men and 4 months for women until men reach 62 years old in 2028 and women reach 60 years old in 2035.

In 2025, the retirement age for men is 61 years and 3 months, and for women it is 56 years and 8 months.

How to calculate retirement age

1. For people who have paid voluntary social insurance for 15 years or more, the time to receive pension is calculated from the first day of the month following the month of retirement age.

For example, Mr. Nguyen Van A was born on April 5, 1964 and has paid voluntary social insurance for 19 years. By July 2025, he will be 61 years and 3 months old, reaching retirement age. Therefore, Mr. A's pension date will be August 1, 2025.

2. People who have paid social insurance and continue to pay voluntary social insurance after meeting the conditions for receiving pension will receive pension on the first day of the month following the month in which they stopped paying and requested to receive pension.

For example, Mr. A above continues to pay voluntary social insurance from August 2025 to December 2025.

In March 2026, Mr. A requested to receive pension from January 2026.

So, the time Mr. A receives his pension is calculated from January 1, 2026.

3. People who voluntarily pay social insurance in one lump sum for the missing years will receive their pension on the first day of the month following the month in which they paid the full amount for the missing years.

For example, Ms. Pham Thu B was born on January 14, 1969. By September 2025, she will be 56 years and 8 months old, which is the retirement age. However, by the end of September 2025, she will have only paid social insurance for 12 years and 8 months, not enough for the minimum 15 years of participation to receive a pension.

Therefore, Ms. B paid a lump sum for the remaining period. According to regulations, Ms. B's pension date is October 1, 2025.

The joy of pensioners at a pension payment point in Hanoi - Photo: HA QUAN

How to calculate pension without date of birth?

4. People who pay voluntary social insurance before January 1, 2021 and have paid for 20 years or more will receive their pension from the first day of the month following the month they turn 60 years old for men and 55 years old for women, except in special cases.

For example, Ms. Vu Thanh C was born on August 16, 1970. By August 2025, Ms. C will be 55 years old, have 20 years and 3 months of voluntary social insurance contributions, and request a pension. Thus, Ms. C's pension entitlement date is calculated from September 1, 2025.

5. In case the pension payment date is determined before July 1, the pension payment date is from July 1.

For example, Mr. Tran Ngoc D was born on April 25, 1965. By April 2025, he will be 60 years old and have paid voluntary social insurance for 20 years and 8 months. In July 2025, he requested to receive his pension. Thus, Mr. D's pension will be calculated from July 1, 2025.

6. For people with only year of birth (no day or month of birth), the time to receive pension is calculated from the first day of the month following the month eligible for pension. In which, the month of retirement age will take January 1 of the year of birth as the basis for determining age.

For example, Ms. Ha Ngoc E was born in 1969 (date and month of birth are unknown), and has paid voluntary social insurance for 16 years. Her age is determined on January 1, 1969 as the basis for determining her age. Therefore, Ms. E's pension benefits will be calculated from October 1, 2025 (56 years and 8 months old).

The proposed circular will take effect from July 1, 2025./.

According to tuoitre.vn

Source: https://tuoitre.vn/bo-noi-vu-de-xuat-thoi-diem-huong-luong-huu-moi-tu-1-7-20250331121051069.htm

Source: https://baolongan.vn/bo-noi-vu-de-xuat-thoi-diem-huong-luong-huu-moi-tu-1-7-a192686.html