Monthly pension starting from July 1, 2025

Decree No. 158/2025/ND-CP detailing and guiding the implementation of a number of articles of the Law on Social Insurance on compulsory social insurance, clearly states: The monthly pension level is implemented according to the provisions of Article 66 of the Law on Social Insurance.

Article 66 of the Law on Social Insurance stipulates: For female employees, it is equal to 45% of the average salary used as the basis for social insurance payment corresponding to 15 years of social insurance payment, then for each additional year of payment, an additional 2% is calculated, with a maximum of 75%;

For male workers, it is 45% of the average salary used as the basis for social insurance contributions corresponding to 20 years of social insurance contributions, then for each additional year of contributions, an additional 2% is calculated, with a maximum of 75%.

In case male employees have paid social insurance for 15 years but less than 20 years, the monthly pension is equal to 40% of the average salary used as the basis for paying social insurance, corresponding to 15 years of paying social insurance, then for each additional year of paying, 1% is added.

Decree No. 158/2025/ND-CP details the monthly pension levels, which are:

The monthly pension of an employee is calculated by multiplying the monthly pension rate by the average salary used as the basis for social insurance contributions as prescribed in Article 72 of the Law on Social Insurance.

Subjects specified in points a, b, c, d, đ, g and I, Clause 1, Article 2 of the Law on Social Insurance who participated in social insurance before July 1, 2025 and have a mandatory social insurance payment period of 20 years or more, when calculating the monthly pension lower than the reference level, will be calculated using the reference level.

The age threshold for calculating the number of years of retirement before the prescribed age as the basis for calculating the reduction in pension rate prescribed in Clause 3, Article 66 of the Law on Social Insurance is determined as follows:

For employees under normal working conditions, the age is determined according to Point a, Clause 1, Article 64 of the Law on Social Insurance.

Employees with a total period of compulsory social insurance payment of 15 years or more when working in a arduous, toxic, dangerous or especially arduous, toxic, dangerous occupation or job on the list of arduous, toxic, dangerous or especially arduous, toxic, dangerous occupations or jobs or working in areas with particularly difficult socio -economic conditions, including working time in areas with regional allowance coefficient of 0.7 or higher before January 1, 2021, shall take the age benchmark according to Point b, Clause 1, Article 64 of the Law on Social Insurance;

Workers who have worked in underground coal mining for 15 years or more shall have their age determined according to Point c, Clause 1, Article 64 of the Law on Social Insurance.

Source kinhtedothi

Source: https://baophutho.vn/muc-luong-huu-hang-thang-bat-dau-thuc-hien-tu-1-7-2025-235224.htm