Conditions for increasing pensions from 1.7.2025 for voluntary social insurance participants

Quế Chi |

Conditions for increasing pensions from 1.7.2025 for voluntary social insurance participants are based on the Law on Social Insurance 2024.

For voluntary social insurance participants, Clause 2, Article 99 of the Law on Social Insurance 2024 (effective from July 1, 2025) stipulates:

Monthly pension level

...

2. Pension adjustment is implemented in accordance with the provisions of Article 67 of this Law.

Meanwhile, Article 67 of the Law on Social Insurance 2024 stipulates:

Pension adjustment

1. Pensions are adjusted based on the increase in the consumer price index in accordance with the capacity of the state budget and the social insurance fund.

2. Adjust the pension increase appropriately for those with low pensions and those who retired before 1995 to ensure narrowing the pension gap between retirees in different periods.

3. The Government shall prescribe the time, subjects, and pension adjustment levels prescribed in this Article.

Thus, from 1.7.2025, the pension of the participants of social insurance voluntarily adjusted on the basis of the increase of the consumer price index in accordance with the capacity of the state budget and social insurance fund. The Government stipulates the time, subjects and levels of pension adjustment.

Quế Chi
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Minimum mandatory social insurance payment period to determine pension conditions

Quế Chi (T/H) |

The minimum mandatory social insurance payment period to determine pension conditions from July 1, 2025 is based on Clause 6, Article 5 of the Law on Social Insurance 2024.

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Quế Chi (T/H) |

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HÀ ANH |

A male reader born in 1966, has paid social insurance for more than 36 years, and will retire early according to Decree 178/2024/ND-CP, but does not know how much pension rate he will receive?