Based on Article 66 of the 2024 Law on Social Insurance supplemented by Article 40 of the 2025 Law on Teachers (effective from January 1, 2026) stipulating the monthly pension level as follows:
(1) The monthly pension level of eligible subjects specified in Article 64 of the 2024 Law on Social Insurance is calculated as follows:
- For female workers, it is equal to 45% of the average salary level used as the basis for social insurance contributions specified in Article 72 of the 2024 Law on Social Insurance, corresponding to 15 years of social insurance contributions, then for each additional year of contribution, an additional 2% is calculated, the maximum level is 75%;
- For male workers, it is equal to 45% of the average salary level used as the basis for social insurance contributions specified in Article 72 of the 2024 Law on Social Insurance, corresponding to 20 years of social insurance contributions, then for each additional year of contribution, an additional 2% is calculated, the maximum level is 75%.
In case male workers have a social insurance contribution period of 15 years to less than 20 years, the monthly pension level is equal to 40% of the average salary level as a basis for social insurance contributions specified in Article 72 of the 2024 Law on Social Insurance, corresponding to 15 years of social insurance contributions, then for each additional year of contribution, an additional 1% is calculated.
(2) The monthly pension level for subjects who are workers in certain special and specific professions and jobs in the People's Armed Forces is prescribed by the Government. The funding is implemented from the state budget.
(3) The monthly pension level of eligible subjects specified in Article 65 of the 2024 Law on Social Insurance is calculated as specified in (1), then for each year of early retirement, it is reduced by 2%.
The monthly pension level of the subject specified in Clause 2, Article 26 of the Law on Teachers is calculated as specified in (1), the retirement time at a lower age does not reduce the percentage of pension benefits as specified in (3).
In case the pre-retirement period is less than 06 months, the percentage of pension benefits is not reduced, from 06 months to less than 12 months, it is reduced by 1%.
(4) The calculation of the monthly pension level of employees who are eligible for pension but have paid social insurance according to the provisions of international treaties to which the Socialist Republic of Vietnam is a member but have paid social insurance in Vietnam for less than 15 years, each year of contribution during this period is calculated at 2.25% of the average salary level as a basis for social insurance contributions specified in Article 72 of the 2024 Law on Social Insurance.
