Mr. Le Van Nam was born on July 30, 1973. Mr. Nam is the commune party secretary and has joined social insurance since July 2004. By August 2024, Mr. Nam commune will have a decision to merge. Are you wondering if you can retire before your age?
Vietnam Social Security advises, according to the provisions of Article 8 of Decree No. 29/2023/ND-CP dated June 3, 2023 of the Government regulating payroll streamlining and premature retirement policy for officials and civil servants. Redundant commune levels due to the arrangement of commune-level administrative units are implemented as follows:
"first. Subjects of downsizing are redundant commune-level cadres and civil servants due to the arrangement of commune-level administrative units with a maximum age of 10 years lower and a minimum of 5 years lower than the retirement age specified in Clause 1 of this Article. Appendix I issued with Decree No. 135/2020/ND-CP and have paid compulsory social insurance for 20 years or more, in addition to enjoying retirement benefits according to the provisions of law on social insurance , Also enjoy the following benefits:
a) No deduction of pension rate due to early retirement;
b) Receive a subsidy of 1.5 months of average salary for each year of retirement before age compared to the retirement age specified in Appendix I issued with Decree No. 135/2020/ND-CP;
c) Enjoy the benefits specified in Point c, Clause 1, Article 5 of this Decree.
2. The subjects of downsizing are female cadres and civil servants at the commune level who are redundant due to the arrangement of commune-level administrative units with a maximum age of 10 years lower than the maximum age and a minimum age of over 5 years lower than the retirement age. stipulated in Appendix I issued with Decree No. 135/2020/ND-CP but have paid compulsory social insurance for 15 to less than 20 years, in addition to enjoying retirement benefits according to the provisions of law on Social insurance also includes the following regimes:
a) No deduction of pension rate due to early retirement;
b) Receive a subsidy of 5 months' average salary and the regime specified in Point b, Clause 1 of this Article."
Vietnam Social Insurance provides information on policy regulations for readers to understand. Determining whether readers are eligible to implement the premature retirement policy as prescribed in Article 8 of Decree No. 29/2023/ND-CP or not falls under the authority of the labor management agency.
We recommend that you read the basis of the commune's cadre management decentralization to ask specifically about the settlement of the regime for your case.
