According to the new regulations, female workers will receive a monthly pension equal to 45% of their average social insurance contribution salary, as outlined in Article 72 of the Law, corresponding to 15 years of social insurance contributions. For each additional year of contribution, an extra 2% is added, up to a maximum of 75%.
For male workers, the monthly pension is also calculated at 45% of the average social insurance contribution salary, corresponding to 20 years of contributions. Each additional year contributes an extra 2%, with a maximum cap of 75%.
In cases where male workers have contributed between 15 and 20 years, their monthly pension is calculated at 40% of the average salary for the first 15 years, with an additional 1% for each year beyond that.
This means that, starting July 1, 2025, the 2024 Social Insurance Law introduces a new pension calculation method for male workers with 15 to 20 years of contributions, in addition to the existing provisions for female workers.
Based on Articles 66 and 72 of the 2024 Social Insurance Law, the monthly pension is calculated as follows: Monthly Pension = (Pension Rate) × (Average Monthly Contribution Salary).
For workers under the state-regulated salary system, the average contribution salary is calculated based on the following periods:
– Before January 1, 1995: Average of the last 5 years’ salaries before retirement.
– January 1, 1995 – January 1, 2000: Average of the last 6 years’ salaries.
– January 1, 2001 – December 31, 2006: Average of the last 8 years’ salaries.
– January 1, 2007 – December 31, 2015: Average of the last 10 years’ salaries.
Thus, female workers retiring in 2025 with 34 years of contributions will receive a pension at 75% of their average salary. Male workers with the same contribution period will receive 73%.
Female workers with over 30 years of contributions receive an additional allowance.
Under the 2014 Social Insurance Law, workers with contributions exceeding the years required for a 75% pension rate are eligible for a one-time allowance upon retirement.
The allowance is calculated at 0.5 months of the average contribution salary for each year beyond the 75% threshold.
Effective July 1, 2025, the 2024 Law adjusts this: male workers with over 35 years and female workers with over 30 years of contributions qualify for the allowance.
December 2025 Pension Payment Schedule
Bank Transfers: By December 5, 2025.
Pensions are transferred to personal accounts by the 5th of each month. Actual receipt dates may vary by local processing times.
In Hanoi, December pensions will be transferred on December 2, 2025. Transfers delayed due to holidays or weekends will occur on the next business day.
Cash Payments: December 2–25, 2025.
Phase 1 – At Payment Points: December 2–10, 2025.
Minimum 6 hours daily. Early completion may end before December 10.
Phase 2 – At District Offices: December 11–25, 2025.
For those who missed Phase 1. Payments delayed due to holidays will resume on the next business day. In Hanoi, cash payments begin after December 3, 2025, coordinated by the Social Insurance and Postal Service.
Proposed Amendments and Additions to the Social Insurance Law 2024
The core provisions of the Social Insurance Law remain intact, with amendments and additions focusing solely on organizational restructuring.
When Unpaid Social Insurance Contributions Shift from Administrative Penalties to Criminal Prosecution for Businesses
Employers who evade social insurance contributions face severe penalties, including fines of up to 1 billion VND and imprisonment for up to 7 years, depending on the nature and severity of the violation.
Retirement in 2025: Calculating Your Monthly Pension with 32 Years of Social Insurance Contributions
Article 66 and Article 72 of the 2024 Social Insurance Law provide detailed regulations on calculating the monthly pension for individuals participating in compulsory social insurance (SI).
Over Half a Million Unemployed in Nine Months
On October 28, Vietnam Social Security (VSS) announced that over the past nine months, approximately one million workers have benefited from maternity leave allowances, while nearly 600,000 individuals received unemployment benefits.
4 Scenarios Exempted from Mandatory Social Insurance and Unemployment Insurance Contributions Under the New Decree
As of November 30, 2025, Decree 274/2025/NĐ-CP outlines four specific scenarios where individuals are exempt from being considered as evading mandatory social insurance (SI) and unemployment insurance (UI) contributions.
