According to the new regulations in Circular 1/2025/TT-BNV guiding the implementation of Decree 178/2024/ND-CP, employees who are eligible and have been decided by competent authorities to retire early will receive immediate pension, without having their pension rate deducted due to early retirement.
This is a noteworthy point, opening up significant benefits for employees retiring early within the framework of staff streamlining and restructuring the apparatus.
Not only that, people who retire early are also entitled to additional one-time pension benefits and subsidies according to the number of years of early retirement and the period of compulsory social insurance payment.
In case there are still 2 to less than 5 years left compared to the retirement age
People in this category will receive 3 allowances:
One-time pension benefits: Calculated by the number of months of early retirement, there is a distinction between retirement in the first 12 months and from the 13th month onwards.
Allowance for the number of years of early retirement: For each year of early retirement (12-month), receive 5 months of current salary.
Allowances according to the working period with compulsory social insurance contributions:
The first 20 years: each year, they will receive 5 months of current salary.
From the 21st year onwards: receive 0.5 months of current salary per year.
In case there are still more than 5 to less than 10 years compared to the retirement age
Also receiving the above 3 subsidies, but the support level for the number of years of early retirement is adjusted:
Allowance for the number of years of early retirement: Each year is entitled to 4 months of current salary (rather than 5 months as in the group of 2-5 years).
In case there are less than 2 years left until retirement age
Receive a one-time pension, calculated based on the number of months of early retirement similar to those for retirees in the first 12 months.
