Formula for calculating the average salary for social insurance contributions to calculate the latest pension

Accordingly, from July 1, the calculation of the average salary as the basis for social insurance (SI) contributions to calculate pensions, one-time allowances, one-time social insurance benefits, and one-time death allowances for employees subject to the salary regime prescribed by the State and having the entire period of social insurance contributions under this salary regime according to the provisions of the Law onSI and Decree No. 158/2025 is calculated as follows:

For employees who started participating in social insurance before January 1, 1995:

For employees who start participating in social insurance from January 1, 1995 to December 31, 2000:

For employees who start participating in social insurance from January 1, 2001 to December 31, 2006:

For employees who start participating in social insurance from January 1, 2007 to December 31, 2015:

For employees who start participating in social insurance from January 1, 2016 to December 31, 2019:

For employees who start participating in social insurance from January 1, 2020 to December 31, 2024:

For employees who start participating in social insurance from January 1, 2025 onwards:

In which, Mbqtl is the average salary used as the basis for social insurance contributions; the salary used as the basis for social insurance contributions is the salary that has been adjusted according to the provisions of Clause 1, Article 73 of the Law on Social Insurance.

For employees whose entire period of social insurance payment is according to the salary regime decided by the employer, the average salary used as the basis for social insurance payment is calculated as follows:

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In which, Mbqtl is the average salary used as the basis for social insurance contributions; Salary used as the basis for social insurance contributions is the salary that has been adjusted according to the provisions of Clause 2, Article 73 of the Law on Social Insurance.

The average salary used as the basis for social insurance contributions for employees who have paid social insurance under the salary regime prescribed by the State and have paid social insurance under the salary regime decided by the employer is calculated as follows:

In which, the total salary used as the basis for social insurance contributions under the salary regime prescribed by the State is calculated by multiplying the total number of months of social insurance contributions under the salary regime prescribed by the State by the average salary used as the basis for social insurance contributions of the period of contributions under the salary regime prescribed by the State; The average salary used as the basis for social insurance contributions of the period of contributions under the salary regime prescribed by the State is calculated as above.

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