According to the 2019 Labor Code, employees who ensure the conditions on social insurance payment period as prescribed by the law on social insurance are entitled to receive pension when they reach retirement age.
The 2019 Labor Code (amended), effective from January 1, 2021, stipulates: From 2021, the retirement age of employees under normal conditions is 60 years and 3 months for male employees and 55 years and 4 months for female employees. After that, it will increase by 3 months for male employees and 4 months for female employees each year, until reaching 62 years of age for male employees and 60 years of age for female employees.
Workers with reduced working capacity; working in particularly arduous, toxic, or dangerous occupations or jobs; working in areas with particularly difficult socio-economic conditions may retire at a lower age, but not more than 5 years older than the prescribed age at the time of retirement, unless otherwise provided by law.
Workers with high professional and technical qualifications and some special cases may retire at a higher age but not more than 5 years older than the prescribed age at the time of retirement, unless otherwise provided by law.
Accordingly, in 2023, the retirement age for male workers will be 60 years and 9 months, and for female workers it will be 56 years old. This age applies to workers in normal working conditions.
Thus, under normal working conditions, according to Decree 135/2020/ND-CP regulating retirement age, male workers born in February 1963 will retire in December; female workers born in November 1967 will retire in December.
In case of early retirement of 5 years, male employees born in February 1968 and female employees born in November 1972 will retire in December.
Upon retirement, the beneficiary will receive a regular monthly pension. The amount of salary received depends on the monthly social insurance contribution and the number of years of contribution. The longer the contribution period, the higher the contribution level, the higher the pension and vice versa. In addition to the salary, the beneficiary is also issued a health insurance card, and most of the medical examination and treatment costs are covered by health insurance during the entire retirement period.
According to the roadmap for increasing the retirement age, in 2024, male workers will retire at 61 years old, and female workers will retire at 56 years and 4 months old. Then, in 2025, male workers will retire at 61 years and 3 months old, and female workers will retire at 56 years and 8 months old...
The minimum age for early retirement in 2024 is 56 years old for male workers; 51 years and 4 months for female workers. In 2025, the earliest retirement age for male workers will be 56 years and 3 months old and the earliest retirement age for female workers will be 51 years and 8 months old...
Workers with high professional and technical qualifications and some special cases can retire at a higher age but not more than 5 years older than the regulation. That is, in 2024, this special group of workers will retire at the latest at 66 years old for men and 61 years and 4 months old for women.
Minh Hoa (t/h)
Source
Comment (0)