Article 3 of Resolution 159/2024/QH15 stipulates that public sector salaries, pensions, social insurance benefits, monthly allowances, and preferential allowances for meritorious people have not been increased in 2025.
The pension level for employees in March 2025 has not changed compared to previous months. The pension level is still calculated based on current regulations in Articles 56 and 74 of the Law on Social Insurance 2014 according to the formula:
Pension level for March 2025 = Pension rate x Average salary for social insurance contributions.
In which, the pension rate is calculated:
For male workers: 45% of the average monthly salary for social insurance contributions corresponding to 20 years of social insurance contributions. Then each year, the additional contribution is 2%, up to a maximum of 75%.
For female workers: 45% of the average monthly salary for social insurance contributions corresponding to 15 years of social insurance contributions. Then each year of contribution is calculated by 2%, up to a maximum of 75%.
For female workers working full-time or part-time in communes, wards and towns eligible for pensions, it is calculated according to the number of years of social insurance contributions and the average monthly salary for social insurance contributions:
A full 15 years of social insurance contributions are equal to 45% of the average monthly salary for social insurance contributions.
From 16 to 20 years of social insurance contributions, for each additional year of contributions, an additional 2% is calculated.
