Regime and policy for early retirement when streamlining the payroll

ANH HUY |

In addition to enjoying the pension regime according to the provisions of the law on insurance, they also enjoy the same regime as not having the pension rate deducted due to early retirement.

The Government has just issued Decree No. 154/2025/ND-CP regulating staff streamlining, effective from June 16, 2025.

The Decree stipulates specific early retirement policies.

Subjects with 2 to 5 years remaining until the retirement age specified in Appendix II issued with Decree No. 135/2020/ND-CP and having enough working time with compulsory social insurance contributions to receive pension according to the provisions of the law on social insurance.

In addition to enjoying the pension regime according to the provisions of the law on social insurance, they are also entitled to benefits such as not having their pension rate deducted due to early retirement;

Receive a subsidy of 5 months of current salary for each year of early retirement compared to the retirement age prescribed in Appendix II issued with Decree No. 135/2020/ND-CP;

Receive benefits according to the working period with compulsory social insurance as follows:

For those who have paid compulsory social insurance for 20 years or more, the first 20 years of work with compulsory social insurance will receive a subsidy of 5 months of current salary.

For the remaining years (from the 21st year onwards), each year will be subsidized with 0.5 months of current salary.

For those who have paid compulsory social insurance for 15 years to less than 20 years of work, they will receive a subsidy of 5 months of current salary.

Meanwhile, subjects with an age of 2 to 5 years to the retirement age specified in Appendix 1 issued with Decree No. 135/2020/ND-CP and having enough working time with compulsory social insurance contributions to receive pension according to the provisions of the law on social insurance, in addition to receiving pension benefits according to the provisions of the law on social insurance, will also receive the following benefits:

No deduction of pension rate due to early retirement;

Receive a subsidy of 5 months of current salary for each year of early retirement compared to the retirement age prescribed in Appendix I issued with Decree No. 135/2020/ND-CP;

Receive benefits according to the working period with compulsory social insurance as follows:

For those who have paid compulsory social insurance for 20 years or more, the first 20 years of work with compulsory social insurance will receive a subsidy of 5 months of current salary; for the remaining years (from the 21st year onwards), each year will be subsidized with 0.5 months of current salary.

For those who have paid compulsory social insurance for 15 years to less than 20 years of work, they will receive a subsidy of 5 months of current salary.

As for those who are less than 2 years old until the retirement age specified in Appendix I issued with Decree No. 135/2020/ND-CP and have enough working time with compulsory social insurance contributions to receive pension according to the provisions of the law on social insurance, they will receive pension benefits according to the provisions of the law on social insurance and will not have their pension rate deducted due to early retirement.

The regimes and policies prescribed in this Decree are applied until December 31, 2030.

ANH HUY
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