Details of the roadmap to increase the retirement age to 2035
The adjustment to increase the retirement age is not immediately increased to 62 years old for men and 60 years old for women, but is adjusted according to the roadmap.
Information related to increasing the retirement age has received much attention from readers.
According to Article 169 of the 2019 Labor Code, employees who ensure the conditions for the prescribed period of social insurance payment are entitled to receive pensions when they reach retirement age.
The retirement age of employees in normal working conditions is adjusted according to the roadmap until reaching 62 years old for men in 2028 and 60 years old for women in 2035.
From 2021, the retirement age of employees in normal working conditions will be 60 years and 3 months for men and 55 years and 4 months for women; after that, it will increase by 3 months each year for men and 4 months for women.
Workers with reduced working capacity; working in particularly arduous, toxic, or dangerous occupations or jobs; working in areas with particularly difficult socio-economic conditions can retire at a lower age but not more than 5 years older than the age prescribed in Clause 2, Article 169 of the 2019 Labor Code at the time of retirement, unless otherwise provided by law.
Workers with high professional and technical qualifications and some special cases can retire at a higher age but not more than 5 years compared to the provisions of the 2019 Labor Code at the time of retirement, unless otherwise provided by law.
Regarding the issue of retirement age, the Ministry of Home Affairs has responded to the opinions of voters of Quang Ngai province sent after the 9th Session of the 15th National Assembly.
Voters in Quang Ngai province requested the Ministry of Home Affairs to coordinate with relevant agencies to review, amend and supplement regulations on social insurance, retirement age, employee rights and minimum wages to ensure commensurate with the country's socio-economic development reality.
Minister of Home Affairs Pham Thi Thanh Tra said that this content was discussed by the Central Committee in the Project on reforming social insurance policies at the 7th Conference of the 12th Central Executive Committee.
At the same time, unanimously approved Resolution 28/2018 on reforming social insurance policies.
Institutionalize the policy of increasing the retirement age in Resolution 28, the National Assembly agreed to issue the Labor Code in 2019, in which the content of retirement age and pension age conditions have been stipulated in Articles 169 and 219.
During the research and development of the 2019 Labor Code, the issue of retirement age was discussed, evaluated carefully, and summarized all related aspects.
Therefore, the Labor Code stipulates that the adjustment to increase the retirement age is not immediately increased to 62 years old for men and 60 years old for women, but is adjusted according to the roadmap.
The 2024 Social Insurance Law has been inherited, ensuring consistency in retirement age as stipulated in the Labor Code.
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