Can pensions be enjoyed early when you have paid enough 20 years of social insurance?

According to Article 64 of the 2024 Law on Social Insurance, the conditions for enjoying pensions are specifically regulated for employees participating in compulsory social insurance.

Employees who quit their jobs with compulsory social insurance contributions for 15 years or more are entitled to a pension if they fall into one of the following cases:

Meeting the retirement age as prescribed in Clause 2, Article 169 of the Labor Code;

Being eligible for a lower retirement age according to Clause 3, Article 169 of the Labor Code and having 15 years or more of working in heavy, hazardous, dangerous occupations or jobs in areas with particularly difficult socio-economic conditions according to the list issued by the Ministry of Labor, Invalids and Social Affairs;

Having an age a maximum of 10 years younger than the retirement age and having 15 years or more of working in underground coal mining as prescribed by the Government;

People infected with HIV/AIDS due to occupational accidents while performing assigned tasks.

Thus, employees who have paid compulsory social insurance for 20 years are considered to have met the conditions on social insurance contribution time. However, this is not yet a sufficient condition to receive a pension.

In cases where they have not reached retirement age as prescribed, employees are not allowed to apply for early pension benefits, except for the following two special cases:

Having an age a maximum of 10 years younger than the retirement age and having 15 years or more of working in underground coal mining;

People infected with HIV/AIDS due to occupational accidents when performing assigned tasks.

In addition to the above cases, employees, even if they have paid social insurance for 20 years, still have to wait until they reach retirement age according to the provisions of law to apply for pension benefits.

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