On June 3, Prime Minister Pham Minh Chinh signed and issued Decree 29 regulating staff streamlining. It clearly stipulates salary and allowance policies for early retirees and redundant officials and civil servants due to district and commune mergers.
5 cases of early retirement
Firstly, the subjects of staff reduction are 2-5 years younger than the prescribed retirement age and have paid compulsory social insurance for 20 years or more, of which 15 years have been spent working in arduous, toxic, dangerous or especially arduous, toxic, dangerous jobs or 15 years or more working in areas with particularly difficult socio-economic conditions. In addition to enjoying retirement benefits, they are also entitled to other benefits.
That is, no deduction of pension rate due to early retirement; subsidy of 3 months of average salary for each year of early retirement; subsidy of 5 months of average salary for the first 20 years of work, with full compulsory social insurance payment. From the 21st year onwards, for each year of work with compulsory social insurance payment, subsidy of 1/2 month of salary is provided.
Second, the subjects of staff reduction whose age is 2-5 years lower than the retirement age and have paid 20 years or more of compulsory social insurance are entitled to pension according to regulations and receive a subsidy of 3 months of average salary for each year of early retirement.
These cases are not subject to a deduction in the pension rate due to early retirement; are subsidized with 5 months of average salary for the first 20 years of work, with full compulsory social insurance payment, and from the 21st year onwards, for each year of work with compulsory social insurance payment, they are subsidized with 1/2 month of salary.
Thirdly, the subjects of staff reduction whose age is 2 years lower than the retirement age and have paid compulsory social insurance for 20 years or more, of which 15 years are working in arduous, toxic, dangerous or especially arduous, toxic, dangerous jobs or 15 years working in areas with especially difficult socio-economic conditions, are entitled to pension benefits according to regulations and will not have their pension rate deducted due to early retirement.
Fourth, the subjects of staff reduction whose age is at least 2 years lower than the minimum retirement age and have paid 20 years or more of compulsory social insurance are entitled to pension benefits according to regulations and will not have their pension rate deducted due to early retirement.
Fifth, the subjects of staff reduction are female cadres and civil servants at the commune level who are 2-5 years younger than the retirement age and have paid compulsory social insurance for 15 years to less than 20 years. In addition to enjoying the pension regime, they are also entitled to other regimes.
Specifically, the pension rate will not be deducted due to early retirement; the pension will be entitled to a subsidy of 5 months of average salary and 3 months of average salary for each year of early retirement.
No pension deduction, enjoy more benefits
In addition, the decree also clearly stipulates the early retirement policy for commune-level cadres and civil servants who are redundant due to the rearrangement of commune-level administrative units and whose age is 5-10 years lower than the retirement age and have paid 20 years or more of compulsory social insurance, in addition to enjoying the prescribed retirement regime, they are also entitled to other regimes.
Specifically, the pension rate will not be deducted due to early retirement; a subsidy of 1.5 months of average salary will be provided for each year of early retirement and a number of other benefits.
The staff reduction is for female commune-level cadres and civil servants who are redundant due to the rearrangement of commune-level administrative units and whose age is 5-10 years lower than the retirement age and who have paid compulsory social insurance for 15 years to less than 20 years. In addition to enjoying the prescribed pension regime, they are also entitled to other regimes.
That is, no pension deduction due to early retirement; enjoy 5 months of average salary and other benefits according to regulations.
The subjects of staff streamlining are district- and commune-level cadres, civil servants, and public employees who are redundant due to administrative unit rearrangement and who have retired from the time of the rearrangement decision by the competent authority until before the end of the rearrangement roadmap. In addition to enjoying one of the above policies, they will also enjoy other allowances.
For cadres who take leave within 12 months from the date of decision by competent authority, for each month of leave before the end of the term, they will receive a subsidy equal to 1/2 month of current salary.
If you retire after 12 months, for each month of retirement before the end of your term, you will receive a benefit equal to 1/4 of your current salary...
For civil servants and public employees, if they take leave within 12 months from the date of the decision of the competent authority, for each month of leave before the end of the roadmap for resolving redundant civil servants and public employees, they will receive a subsidy equal to 1/2 month of current salary.
If you quit after 12 months, for each month of quitting before the end of the settlement process, you will receive a subsidy equal to 1/4 of your current salary...
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