The army proposes pension incentives for people doing special work
The Ministry of National Defense has just proposed a pension incentive regime for special forces.
Accordingly, in Clause 3, Article 18 of the Draft Decree detailing and implementing measures for a number of articles of the Law on Social Insurance (SI) on compulsory social insurance for soldiers, the People's Public Security and people working in secret services who receive salaries as for soldiers, the Ministry of National Defense proposes:
When retiring employees according to the provisions of Clause 2, Article 17 of this Decree who are working in special and specific occupations or jobs according to the provisions of the Minister of National Defense and the Minister of Public Security, when calculating the pension level according to the provisions of Clause 1, Article 66 of the Law on Social Insurance but have not reached the maximum level of 75%, it will be calculated as follows:
The first 20 years of social insurance contributions are at 65%, then each additional year of social insurance contributions is calculated with an additional 3%, the maximum benefit is not more than 75%.
The above pension calculation does not apply to cases of violations of military and police discipline, violations of State laws, forced to cease military service, cease military service or quit work.
This proposal concretizes the content of Clause 2, Article 66 of the Law on Social Insurance 2024: The monthly pension level of employees in a number of special occupations and jobs in the People's Armed Forces is regulated by the Government. The funding source for implementation is from the State budget". This draft Decree is currently being appraised by the Ministry of Justice.
The proposed pension benefits and accumulation rate are higher than those for workers working under normal conditions.
Having participated in social insurance for 20 years and being eligible for retirement, the pension rate for the group of special occupations and jobs in the armed forces is 65% with a cumulative rate of 3% per year, while male workers retiring under normal conditions receive 45% and female workers receive 55%, the cumulative rate of 2% per year until reaching a maximum of 75%.
Read the original here
