Decree No. 178/2024/ND-CP of the Government on regimes and policies for cadres, civil servants, public employees, workers and armed forces in implementing the organizational arrangement of the political system, effective from January 1, 2025.
The content of the decree includes 8 important policies, notably policies and regimes for subjects belonging to the armed forces during the process of implementing organizational restructuring (Article 15).
Clause 1, Article 2 of Decree 178/2024/ND-CP stipulates the subjects to which this policy applies, including:
Officers, professional soldiers, workers and defense officials of the Vietnam People's Army;
Officers, non-commissioned officers receiving salaries, police workers and contract workers receiving salaries from the state budget of the People's Public Security;
People working in key organizations.
According to the Government's decree, cadres, civil servants, public employees, and armed forces who retire early during the implementation of organizational restructuring and are 10 years or less older than the retirement age under normal working conditions and 5 years or less older than the retirement age under working conditions in particularly difficult areas and have paid compulsory social insurance for retirement are entitled to 3 regimes.
The first mode is a one-time pension for early retirement.
In case of early retirement within 12 months: if the remaining age is 5 years or less until retirement age, the employee will receive a subsidy equal to 1 month of current salary multiplied by the number of months of early retirement; if the remaining age is 5 years to 10 years until retirement age, the employee will receive a subsidy equal to 0.9 month of current salary multiplied by 60 months.
In case of leave from the 13th month onwards: receive 0.5 times the allowance level of the case of leave within the 12 months mentioned above.
Enjoy early retirement policy
Receive pension and not be deducted pension rate to receive early retirement benefits.
In particular, those who have 2 years to less than 5 years left until retirement age will receive a subsidy equal to 5 months of current salary for each year of early retirement.
For those who have 5 to 10 years left until retirement age, they will receive a subsidy equal to 4 months of current salary for each year of early retirement.
In addition, this group of subjects also enjoys benefits based on working time with over 20 years of compulsory social insurance contributions.
In case of being less than 2 years old to the prescribed retirement age and having enough working time with compulsory social insurance payment to receive pension, he/she will receive pension according to regulations and will not have his/her pension rate deducted due to early retirement.
Cadres, civil servants and public employees who retire early and are eligible for rewards for their contributions but still lack the working time in a leadership position at the time of retirement will have their early retirement period calculated to correspond to the remaining time of the election term or the appointment period of the current position to be considered for rewards for their contributions.
For cadres, civil servants and public employees who are not eligible for rewards for their contributions, competent authorities will consider forms of rewards appropriate to their achievements.
