{"id":4209,"date":"2020-07-10T12:54:01","date_gmt":"2020-07-10T05:54:01","guid":{"rendered":"https:\/\/briswell-vn.com\/?p=4209"},"modified":"2020-07-10T13:12:34","modified_gmt":"2020-07-10T06:12:34","slug":"dieu-kien-va-cach-tinh-luong-huu","status":"publish","type":"post","link":"https:\/\/www.briswell-vn.com\/en\/news\/dieu-kien-va-cach-tinh-luong-huu\/","title":{"rendered":"Pension &#8211; Conditions &#038; How to calculate"},"content":{"rendered":"<p><span style=\"color: #000000;\"><b>1. Conditions for pension enjoyment:<\/b><\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400; color: #000000;\">For men: being full 60 years old, for women: being full 55 years old, who have paid social insurance premiums for at least a full 20 years.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400; color: #000000;\">No age limit for people living with HIV\/AIDS due to occupational accidents.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400; color: #000000;\">The Government stipulates the conditions for pension entitlement age in some special cases.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400; color: #000000;\">In the above cases, the employee will be entitled to a monthly pension with:<\/span><\/p>\n<p><span style=\"color: #000000;\"><b>Pension =Rate of pension entitlement (%) x Average monthly salary paid for social insurance<\/b><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">In which:<\/span><\/p>\n<p><span style=\"color: #000000;\"><b><i>Retiring from January 1st, 2018:<\/i><\/b><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Women: The rate of pension entitlement = 45% + (Duration of social insurance participation &#8211; 15 years) x 2%.<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Men:<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">+ Retire from 01\/01\/2018: Pension rate = 45% + (Social insurance participation period &#8211; 16 years) x 2%.<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">+ Retire from 01\/01\/2019: Pension rate = 45% + (Social insurance participation period &#8211; 17 years) x 2%.<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">+ Retire from 01\/01\/2020: Pension rate = 45% + (Social insurance participation period &#8211; 18 years) x 2%.<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">+ Retire from 01\/01\/2021: Pension rate = 45% + (Duration of social insurance participation &#8211; 19 years) x 2%.<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">+ Retire from 01\/01\/2022: Pension rate = 45% + (Duration of participation in social insurance &#8211; 20 years) x 2%.<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Then add 2% more in every following year.<\/span><\/p>\n<p><span style=\"color: #000000;\"><b><i>Note:<\/i><\/b> <i><span style=\"font-weight: 400;\">The rate of pension entitlement does not exceed 75%.<\/span><\/i><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>2. How to calculate the average monthly salary paid for social insurance:<\/b><\/span><\/p>\n<p><span style=\"color: #000000;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4229 size-full\" src=\"https:\/\/briswell-vn.com\/wp-content\/uploads\/2020\/06\/cong-thuc-muc-binh-quan-tien-luong-EN.png\" alt=\"\" width=\"694\" height=\"85\" srcset=\"https:\/\/s3-ap-southeast-1.amazonaws.com\/homepage-media\/wp-content\/uploads\/2020\/06\/17101628\/cong-thuc-muc-binh-quan-tien-luong-EN.png 694w, https:\/\/s3-ap-southeast-1.amazonaws.com\/homepage-media\/wp-content\/uploads\/2020\/06\/17101628\/cong-thuc-muc-binh-quan-tien-luong-EN-300x37.png 300w\" sizes=\"auto, (max-width: 694px) 100vw, 694px\" \/><\/span><\/p>\n<p><span style=\"color: #000000;\"><b>3. Lump-sum allowance upon retirement:<\/b><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">&#8211; Employees who have paid social insurance premiums for a period exceeding the number of years corresponding to the 75% pension rate are entitled to not only pension but also a lump sum allowance upon retirement.<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">&#8211; The lump-sum allowance level shall be calculated based on the number of years of social insurance premium payment in excess of the number of years corresponding to the 75% pension rate, with half of the average monthly salary on which social insurance premiums are based for each of these years.<\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"text-decoration: underline;\"><b><i>Example:<\/i><\/b><\/span><span style=\"font-weight: 400;\"> The employee (Mr. A) works in normal conditions and in 2020, he reaches the retirement age (60 years old). Up to the time of retirement, Mr. A has 31 years of social insurance payment.<\/span><\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Mr. A&#8217;s monthly pension rate is calculated: = 45% (31-18) * 2% = 71%<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">So Mr. A&#8217;s monthly pension will be equal to 71% of the average monthly salary paid for social insurance premiums.<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Suppose the average monthly salary of Mr. A&#8217;s social insurance is 20,000,000vnd.<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">So, the monthly pension Mr. A receives is: 20,000,000 x 71% = 14,200,000vnd.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>1. Conditions for pension enjoyment: For men: being full 60 years old, for women: being full 55 years old, who have paid social insurance premiums for at least a full 20 years. No age limit for people living with HIV\/AIDS due to occupational accidents. The Government stipulates the conditions for pension entitlement age in some special cases. In the above cases, the employee will be [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4211,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[4,63],"tags":[],"class_list":["post-4209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-insurance"],"_links":{"self":[{"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/posts\/4209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/comments?post=4209"}],"version-history":[{"count":0,"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/posts\/4209\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/media\/4211"}],"wp:attachment":[{"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/media?parent=4209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/categories?post=4209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/tags?post=4209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}