The pension regime for those who have participated in both compulsory and voluntary social insurance is stipulated in Article 111 of the Social Insurance Law 2024, along with detailed instructions in Article 11 of Decree 159/2025. These are important regulations, ensuring the rights of employees who have a "continuous but different type" social insurance participation process.
According to regulations, the entire period of compulsory and voluntary social insurance payment is accumulated to calculate pension. Employees are not disadvantaged when switching between the two types, as long as they have paid enough years and are of retirement age according to the law.
For male workers, the pension is calculated at 45% of the average salary for social insurance contributions for the first 20 years, then increase by 2% per year, up to a maximum of 75% when 35 years of contributions are completed. Female workers are paid 45% for the first 15 years, then increase by 2% per year, reaching 75% when they have paid for 30 years.
The total period of participation in compulsory and voluntary social insurance is 35 years, eligible for a maximum pension of 75%. In 2026, when reaching retirement age, it is only necessary to submit a pension application without having to participate more.
The time- adding policy helps employees be more flexible when changing jobs or forms of participation, avoiding interruptions in the payment process and ensuring future benefits. However, the high or low pension depends on the average monthly income for social insurance contributions, especially during the period of voluntary participation.
Therefore, workers should choose a contribution level suitable for their financial capacity, while maintaining a stable income level so that when they retire, they will receive a commensurate salary, ensuring a prosperous life when they are old.
