What rights do employees have when participating in supplementary pension insurance?

Legal Consulting Office of Lao Dong Newspaper answers:

Clause 1, Article 8 of Decree 85/2026/ND-CP Regulations on supplementary pension insurance (effective from May 10, 2026), stipulates that employees participating in supplementary pension insurance have the following rights:

a) Voluntarily participate, stop or temporarily stop participating in supplementary pension insurance according to the written agreement between the employer and the employee and the supplementary pension insurance program registered with the pension fund management enterprise.

b) Receiving additional pension insurance payments according to the provisions of this Decree.

c) Being applied personal income tax incentives for income paid from the supplementary pension insurance fund according to the provisions of the law on personal income tax; being allowed to deduct supplementary pension insurance contributions from income before tax calculation for income from salaries and wages at the level prescribed by the law on personal income tax.

d) Monitoring and requiring employers to fully fulfill their responsibilities according to the written agreement between employers and employees, the supplementary pension insurance program registered with the pension fund management enterprise.

e) Be provided with complete documents introducing the pension fund as prescribed in Article 27 of this Decree. Monthly, the pension fund management enterprise or the employer provides information about participating in supplementary pension insurance; is required the pension fund management enterprise to confirm information about participating in supplementary pension insurance.

e) Information about participating in supplementary pension insurance is kept confidential.

g) To maintain supplementary pension insurance contracts for a maximum period of no more than 01 year or choose to transfer personal pension accounts to another pension fund after terminating the labor contract or when reaching retirement age as prescribed in Clause 8, Article 16 of this Decree.

h) Complaints, denunciations and lawsuits regarding supplementary pension insurance according to the provisions of law.

i) Be appointed as the heir in accordance with the order of the Civil Code in the written agreement or in the registration form to participate in the supplementary pension insurance fund to enjoy payments from the pension fund.

Thus, from May 10, 2026, employees participating in supplementary pension insurance have the above rights.