Decree No. 159/2025/ND-CP details and guides the implementation of a number of articles of the Law on Social Insurance on voluntary social insurance. Decree No. 159/2025/ND-CP takes effect from July 1, 2025.
Article 13 of the Decree stipulates the pension regime for voluntary social insurance participants before January 1, 2021 as follows:
1. People who start participating in voluntary social insurance before January 1, 2021 and have paid voluntary social insurance for 20 years or more if they wish will receive a pension when they are 60 years old for men and 55 years old for women.
2. The monthly pension for voluntary social insurance participants receiving pensions as prescribed in Clause 1 of this Article shall be implemented in accordance with the provisions of Article 99 of the Law on Social Insurance.
3. The pension payment period for voluntary social insurance participants receiving pensions as prescribed in Clause 1 of this Article shall be implemented in accordance with the provisions of Article 101 of the Law on Social Insurance.
4. The Minister of Home Affairs shall detail Clause 3 of this Article.
Thus, those who start participating in voluntary social insurance before January 1, 2021 and have paid voluntary social insurance for 20 years or more if they wish will receive a pension when they are 60 years old for men and 55 years old for women.
