How to calculate monthly pension

The monthly pension for eligible subjects specified in Article 64 of this Law is calculated as follows: For female employees, it is 45% of the average salary used as the basis for social insurance contributions specified in Article 72 of this Law corresponding to 15 years of social insurance contributions, then for each additional year of contributions, an additional 2% is calculated, with a maximum of 75%. Photo: Nam Duong

How to calculate monthly pension according to new regulations

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Reader with email dongvanxxx@gmail.com asked: How to calculate monthly pension according to the provisions of the Social Insurance Law 2024?