Pursuant to Article 14 of Circular 12/2025/TT-BNV, the calculation of one-time benefits upon retirement when participating in compulsory social insurance is regulated as follows:
In case the employee is eligible for pension according to regulations but continues to pay social insurance, the one-time pension upon retirement for the period of social insurance payment higher than 35 years for men and higher than 30 years for women is calculated as follows:
(1) Each year of social insurance payment is 35 years higher for men and 30 years higher for women before reaching the prescribed retirement age, calculated at 0.5 times the average salary used as the basis for social insurance payment.
(2) Each year of social insurance payment is 35 years higher for men and 30 years higher for women from the retirement age according to regulations, calculated by 2 times the average salary used as the basis for social insurance payment.
