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Latest regulations on retirement age for workers from 2024

Báo Quốc TếBáo Quốc Tế10/10/2023


According to the law, what is the retirement age for employees in 2024? - Reader Tuan Kiet
Quy định tuổi nghỉ hưu của người lao động mới nhất từ năm 2024

Regulations on retirement age of employees in the Labor Code

Pursuant to Article 169 of the 2019 Labor Code, the retirement age of employees is stipulated as follows:

(1) Employees who ensure the conditions on social insurance payment period as prescribed by the law on social insurance are entitled to receive pension when reaching retirement age.

(2) The retirement age of employees in normal working conditions is adjusted according to the roadmap until reaching 62 years old for male employees in 2028 and 60 years old for female employees in 2035.

From 2021, the retirement age of employees in normal working conditions is 60 years and 3 months for male employees and 55 years and 4 months for female employees; then, each year it increases by 3 months for male employees and 4 months for female employees.

(3) Employees 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 05 years older than the age specified in Section (2) at the time of retirement, unless otherwise provided by law.

(4) Employees with high professional and technical qualifications and some special cases may retire at a higher age but not more than 05 years older than the age specified in section (2) at the time of retirement, except where otherwise provided by law.

Retirement age of workers from 2024

(i) Retirement age under normal working conditions from 2024

Retirement age under normal working conditions from 2024 specifically for each year is as follows:

Male workers

Female workers

Year of retirement

Retirement age

Year of retirement

Retirement age

2024

61 years old

2024

56 years 4 months

2025

61 years 3 months

2025

56 years 8 months

2026

61 years 6 months

2026

57 years old

2027

61 years 9 months

2027

57 years 4 months

From 2028 onwards

62 years old

2028

57 years 8 months

2029

58 years old

2030

58 years 4 months

2031

58 years 8 months

2032

59 years old

2033

59 years 4 months

2034

59 years 8 months

From 2035 onwards

60 years old

(ii) Lowest retirement age from 2024 (applicable to certain cases)

Employees in the following cases may retire at a lower age but not more than 05 years older than the retirement age under normal working conditions stated in point (i) at the time of retirement, unless otherwise provided by law:

- Employees who have worked for 15 years or more in arduous, toxic, dangerous or especially arduous, toxic, dangerous jobs on the list issued by the Ministry of Labor, War Invalids and Social Affairs.

- Employees who have worked for 15 years or more in areas with particularly difficult socio-economic conditions, including working time in areas with regional allowance coefficient of 0.7 or higher before January 1, 2021.

- Workers with reduced working capacity of 61% or more.

- Employees with a total working time of arduous, toxic, dangerous or especially arduous, toxic, dangerous jobs on the list issued by the Ministry of Labor - Invalids and Social Affairs and working time in areas with especially difficult socio-economic conditions, including working time in areas with regional allowance coefficient of 0.7 or higher before January 1, 2021 of 15 years or more.

The lowest retirement age of employees from 2024 in one of the above cases is implemented according to the table below:

Male workers

Female workers

Year of retirement

Lowest retirement age

Year of retirement

Lowest retirement age

2024

56 years old

2024

51 years 4 months

2025

56 years 3 months

2025

51 years 8 months

2026

56 years 6 months

2026

52 years old

2027

56 years 9 months

2027

52 years 4 months

From 2028 onwards

57 years old

2028

52 years 8 months

2029

53 years old

2030

53 years 4 months

2031

53 years 8 months

2032

54 years old

2033

54 years 4 months

2034

54 years 8 months

From 2035 onwards

55 years old

In addition, employees can retire at an age higher than the retirement age under normal working conditions when they agree with the employer to continue working after the retirement age stated in point (i). Termination of the labor contract and settlement of social insurance regime for employees in this case shall be implemented in accordance with the provisions of Section 3, Chapter III of the 2019 Labor Code and the provisions of the law on social insurance.

Pursuant to: Article 169 of the 2019 Labor Code; Articles 4, 5 and 6 of Decree 135/2020/ND-CP.



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