The Labor Law 2019 provides that the retirement age for workers under normal working conditions shall be adjusted according to the roadmap until reaching 62 years old for male workers in 2028 and 60 years old for female workers in 2035.
According to the opinions of voters in Bà Rịa – Vũng Tàu, Đồng Nai, Bắc Giang, and Hanoi, sent to the People’s Assemblies, the Standing Committee of the National Assembly, this regulation is not suitable for all workers because the time to enjoy retirement benefits is too long, many people have lost the opportunity to enjoy retirement benefits.
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Should preschool teachers be allowed to retire 5 years earlier than the prescribed age?
Voters suggested that the Social Insurance Law should be studied, amended and supplemented regarding the conditions for pension entitlement in the direction: For certain cases where workers perform hard, hazardous, dangerous work or work in economically and socially difficult areas, or jobs with high specific characteristics, including teachers at preschools, elementary schools, junior high schools, and healthcare workers, the retirement age can be reduced by up to 5 years compared to the above provisions.
Regarding this issue, the Ministry of Labor – Invalids and Social Affairs (MOLISA) believes that the retirement regime, also known as the elderly regime, is one of the regimes of the social insurance policy to ensure a monthly income for workers when they retire.
According to the regulations of social insurance, in order to enjoy a monthly pension, workers must meet both age and length of time paying social insurance conditions to ensure harmony and balance between the contribution period and the period of enjoying the social insurance regime of workers, thereby ensuring the balance and long-term sustainability of the Social Insurance Fund.
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Healthcare workers are one of the job sectors recommended for a lower retirement age
The issue of retirement age has been discussed and agreed upon through Resolution No. 28-NQ/TW dated May 23, 2018, of the 7th Central Executive Committee of the 12th Party Congress. Institutionalizing the direction of increasing the retirement age in Resolution No. 28-NQ/TW, the National Assembly has agreed to issue the Labor Law 2019, in which Articles 169 and 219 regulate the retirement age and conditions for pension entitlement.
In the process of studying and building the Labor Law 2019, the issue of retirement age has been thoroughly discussed, exchanged, and evaluated comprehensively on all relevant aspects. Therefore, the Labor Law 2019 stipulates that the adjustment of the retirement age or conditions for pension entitlement of workers will not be immediately increased to 62 years old for males and 60 years old for females, but will be adjusted according to a roadmap each year, only increasing by 3 months for male workers and 4 months for female workers.
In addition, the increase in the retirement age has also taken into consideration factors such as the nature and type of work and the health of the workers. For those who perform particularly hard, dangerous, or hazardous jobs, work in economically and socially difficult areas, or have weak health (reduced work capacity), they can retire at a younger age than those who work under normal working conditions (up to 5 or 10 years earlier, depending on each case).
In addition, in certain special cases according to the regulations of the Government (policies for redundant workers; policies to streamline the organization; policies regarding officials who do not meet the conditions for re-election, reappointment), workers, officials, civil servants who wish to retire and meet the conditions are also entitled to retire before the prescribed age.