2026 monthly pension for compulsory social insurance participants

Pursuant to Article 66 of the Law on Social Insurance 2024, supplemented by Article 40 of the Law on Teachers 2025 (effective from January 1, 2026), the monthly pension level is regulated as follows:

(1) The monthly pension of eligible subjects specified in Article 64 of the Law on Social Insurance 2024 is calculated as follows:

- For female workers, the average salary is equal to 45% of the basic salary used as the basis for social insurance contributions as prescribed in Article 72 of the Law on Social Insurance 2024, corresponding to 15 years of social insurance contributions, then for each additional year of contributions, an additional 2% is calculated, with a maximum of 75%;

- For male workers, the average salary is equal to 45% of the basic salary used as the basis for social insurance contributions as prescribed in Article 72 of the Law on Social Insurance 2024, corresponding to 20 years of social insurance contributions, then for each additional year of contributions, an additional 2% is calculated, with a maximum of 75%.

In case male workers have paid social insurance for 15 years to less than 20 years, the monthly pension is equal to 40% of the average salary used as the basis for social insurance payment prescribed in Article 72 of the Law on Social Insurance 2024, corresponding to 15 years of social insurance payment, then for each additional year of payment, an additional 1% will be calculated.

(2) The monthly pension level of employees in a number of special occupations and jobs in the People's Armed Forces is prescribed by the Government. The implementation budget is from the state budget.

(3) The monthly pension of eligible subjects specified in Article 65 of the Law on Social Insurance 2024 is calculated as prescribed in (1), then for each year of early retirement, it will be reduced by 2%.

The monthly pension level of the subjects specified in Clause 2, Article 26 of the Law on Teachers is calculated as prescribed in (1); the retirement period at a lower age does not reduce the pension percentage as prescribed in (3)).

In case of early retirement under 06 months, the pension percentage will not be reduced, from 06 months to under 12 months, it will be reduced by 1%.

(4) The calculation of the monthly pension of employees who are eligible for pension and have paid social insurance according to the provisions of international treaties to which the Socialist Republic of Vietnam is a member but have paid social insurance in Vietnam for less than 15 years, each year of payment during this period shall be calculated at 2.25% of the average salary used as the basis for social insurance payment prescribed in Article 72 of the Law on Social Insurance 2024.

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