Ms. Pham Thi Sen (42 years old) - a business owner in Ha Nam - said that she has paid voluntary social insurance for 3 years.Ms. Sen believes that in the long term, the policy of only having to pay 15 years of voluntary social insurance is very beneficial for freelance workers.
According to Ms. Sen, doing freelance business is unpredictable.It can be seen that at present and in the next few years, business is going well but later, when they are no longer sensitive to the market, it will be difficult to compete with other stores.
"Currently, my business is temporarily stable but I am not sure what the future will be like.If in the future there are no conditions to continue paying voluntary social insurance, reducing the payment period to 15 years will be very useful" - Ms. Sen said.
Ms. Sen said that currently, she has a good income, so she always prioritizes paying voluntary insurance at a high level.
According to Ms. Sen, the policy of reducing the time for voluntary social insurance contributions to receive pensions has created conditions for freelance workers."A full 15 years means having a firm grasp of the pension book, whether or not to pay more is the right of each person when participating in the social security system" - Ms. Sen said.
If the economy is good, she and many freelancers are still willing to pay more, not stop at 15 years.Because the longer the social insurance payment period, the higher the pension regime.
Mr. Nguyen Van Tai (50 years old, Thai Binh) has paid voluntary social insurance for 12 years.The policy of reducing the payment period to 15 years to receive a pension from July 1 helps him feel more secure when his income is affected.
To have money for living expenses and pay voluntary social insurance every month, I have to work other jobs, earning about 5 million VND/month.With poor health and unable to work, I am worried that I will not be able to pay 20 years of social insurance, said Mr. Tai.
Accordingly, Mr. Tai only needs to work for 3 more years to be able to pay 15 years of voluntary social insurance.With the new policy, Mr. Tai said that he is no longer worried about having to stop working or lose his job.
Although he knew that the pension level when paying for 15 years would be lower than when paying for 20 years, Mr. Tai shared that this was not too important.Because he knows that pensions often increase over the years, but he still has a monthly pension so as not to bother his children.
According to the provisions of the Law on Social Insurance 2024, effective from July 1, 2025, voluntary social insurance participants are entitled to pension when they reach retirement age as prescribed in Clause 2, Article 169 of the Labor Code and have paid social insurance for 15 years or more. According to the provisions of Clause 2, Article 169 of the 2019 Labor Code and Decree No. 135/2020/ND-CP of the Government, from January 1, 2021, the retirement age for female workers is 55 years and 4 months; then, increase by 4 months each year until they reach the age of 60 in 2035. Employees participating in social insurance to receive pensions must meet the conditions on payment period and retirement age.
