The Policy Department (General Department of Politics, Ministry of National Defense) has studied and drafted the Submission and draft Circular of the Minister of National Defense guiding the implementation of policies and regimes for officers, professional soldiers, workers and defense officials, and those working in secret services who receive salaries as for soldiers in implementing the arrangement and streamlining of the Army's apparatus.
According to this draft Circular, those who are eligible for early retirement will enjoy the policies and regimes prescribed in Article 7 of Decree No. 178/2024/ND-CP; including a one-time pension allowance for the number of months of early retirement; allowance for the number of years of early retirement and allowance according to the working period with compulsory social insurance.
Also according to the draft, for cases with an age of 2 years to 5 years to the highest age limit as instructed in Clause 5, Article 4 of this Circular, they are entitled to 3 allowances: One-time pension allowance for the number of months of early retirement; Allowance for the number of years of early retirement (each year of early retirement - 12 months - is entitled to 5 months of current salary; allowance according to working time with compulsory social insurance payment.
The Government's electronic information portal cited that, with the calculation in the draft, a military officer born in May 1971 (enlisted in February 1990, with the rank of Colonel, position of Assistant to work at Department A, General Staff Agency) will reach the age of 58, the highest age limit according to the rank of Colonel by the end of May 2029.
In March 2025, the unit will carry out the merger and the competent authority will decide to retire early from June 1, 2025 and receive an immediate pension, at the age of 54 (no retirement).
Thus, this officer is eligible for retirement within the first 12 months from the effective date of the merger decision of the competent authority; the early retirement period is 4 years (48 months) and has 35 years and 4 months of service in the Army with compulsory social insurance.
Suppose the current salary month before retirement (May 2025) of this military officer is 30,000,000 VND; in addition to enjoying the pension regime according to the provisions of the law on social insurance, this military officer also enjoys the following regimes:
The one-time pension for the number of months of early retirement is: VND 30,000,000 x 1.0 month x 48 months of early retirement = VND 1,440,000,000.
The one-time allowance for the number of years of early retirement is: 30,000,000 VND x 5 months x 4 years of early retirement = 600,000,000 VND.
The one-time allowance for the number of years of work with compulsory social insurance contributions is: VND 30,000,000 x {05 months + (0.5 x 15.5 years)} = VND 382,500,000.
Accordingly, the total subsidy of the above-mentioned Army Colonel will be 2,422,500,000 VND (more than 2.422 billion VND).
Currently, the draft Circular of the Minister of National Defense guiding the implementation of policies and regimes for officers, professional soldiers, defense workers and civil servants, and those working in secret service who receive salaries as for soldiers in the implementation of the arrangement and streamlining of the organizational apparatus in the Army is being widely consulted by the Department of Policy and the General Department of Politics before being finalized.
