Mr. Doan Hung (character's name has been changed) was born in 1972, is a civil servant, and has paid compulsory social insurance for 23 years.
He submitted a voluntary application for early retirement according to Decree 178/2024/ND-CP (In case of retirement age of more than 5 years to 10 years, the retirement age is specified in Appendix I issued with Decree No. 135/2020/ND-CP).
"So can I receive my pension (retirement book) right after I have a decision to retire early?" - Mr. Hung wondered.
Regarding Mr. Hung's reflection and recommendation, the Ministry of Home Affairs responded on the Electronic Information Portal.
According to the Ministry of Home Affairs, based on Article 4 of Circular No. 01/2025/TT-BNV of January 17, 2025 of the Minister of Home Affairs guiding the implementation of policies and regimes for officials, public servants, officials and employees in the organization of the political system of the political system (amended and supplemented in Circular No. 002/2025/TT-BNV dated 4.2025) 178/2024/ND-CP (amended and supplemented in Decree No. 67/2025/ND-CP) shall be entitled to a pension immediately in accordance with the law on social insurance without deducting pension ratio due to retirement before age; At the same time, the benefits are entitled to the provisions of Decree No. 178/2024/ND-CP (amended and supplemented in Decree No. 67/2025/ND-CP).
Accordingly, in case of those who are over 5 years old but have reached the retirement age specified in Appendix I issued with Decree No. 135/2020/ND-CP and have enough time to pay compulsory social insurance 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, they will also receive the following benefits:
No deduction of pension rate due to early retirement;
Receive a subsidy of 4 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 a subsidy of 5 months of current salary for the first 20 years of work with compulsory social insurance contributions. From the 21st year onwards, for each year of work with compulsory social insurance contributions, a subsidy of 0.5 months of current salary will be granted.
In case of full 15 years of work, there is a compulsory social insurance and subject to the subject of pension in accordance with the law on social insurance at the time of retirement before the age of 4 -month salary is now entitled to the first 15 years of work; From the 16th year onwards, each year the work has compulsory social insurance is allowed to be allowed to grant 0.5 months of the current salary.