On December 31, 2024, the Government of Vietnam issued Decree 177/2024/ND-CP stipulating policies concerning cases of non-reappointment, reappointment failure, and officials resigning or retiring voluntarily.
This is the noteworthy content being presented by the Government of Vietnam in the Draft Decree stipulating the retirement age and eligibility requirements for the enjoyment of pension in Vietnam.
Draft Decree stipulating the retirement age and conditions for entitlement to a pension is being put out for comment online and is expected to take effect from January 01, 2021.
This is notable content prescribed in Official Dispatch 5081/BNV-CCVC of the Ministry of Home Affairs regarding the implementation of regulations related to retirement age as stipulated in the Labor Code of 2019.
Hanoi has issued Decree 135/2020/ND-CP regulating the retirement age. Employees under normal working conditions will have their retirement age progressively increased starting from January 1, 2021.
A series of documents and regulations in Vietnam will officially come into effect in 2021. Among these, the regulations on retirement and pension will also undergo many changes.
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