VSS proposes raising retirement pension by 8%
Proposal from Vietnam Social Security based on CPI and economic growth.
Employees in difficult areas may be able to retire early
The Ministry of Labor, War Invalids and Social Affairs has issued Official Letter No. 3582 to the Vietnam Social Security seeking comments on the retirement policy for employees working in areas with extremely difficult socio-economic conditions, such as highlands, remote areas, border areas, and islands. Employees with a full 15 years in the workforce will be able to retire five years earlier under the policy.