Pensions of the police and military
Currently, the calculation of monthly pensions for police and military is carried out according to the provisions of the 2014 Social Insurance Law and Decree No. 33/2016/ND-CP detailing and guiding the implementation of a number of articles of the Social Insurance Law on compulsory social insurance for military personnel, people's police and people working in secretarial work who receive salaries similar to those of military personnel. Specifically as follows:
Clause 1, Article 9 of Decree No. 33/2016/ND-CP stipulates the formula for calculating monthly pensions for military personnel and public security officers as follows:
Monthly pension = Percentage of monthly pension x Average monthly salary for social insurance contributions
The percentage of monthly pensions for military personnel and public security officers is specifically stipulated as follows:
According to the provisions of Article 56 of the Law on Social Insurance 2014 and Clause 2, Article 9 of Decree No. 33/2016/ND-CP, the percentage of monthly pensions for military personnel and public security officers is calculated as follows:
- For military personnel and public security officers who begin receiving monthly pensions from January 1, 2016 to before January 1, 2018, the monthly pension rate is calculated at 45% corresponding to 15 years of social insurance payment, then for each additional year of social insurance payment, 2% will be added for men and 3% for women; the maximum rate is 75%;
- Female soldiers and public security officers who start receiving monthly pensions from January 1, 2018 onwards, the monthly pension rate is calculated at 45% corresponding to 15 years of social insurance payment, then for each additional year of social insurance payment, 2% will be added; the maximum rate is 75%;
- Male soldiers and police officers who start receiving monthly pensions from January 1, 2018 onwards, the monthly pension rate is calculated at 45% corresponding to the number of years of social insurance contributions, specifically retiring in 2018 is 16 years, in 2019 is 17 years, in 2020 is 18 years, in 2021 is 19 years, from 2022 onwards is 20 years. After that, for each additional year of social insurance contributions, an additional 2% is calculated; the maximum rate is 75%.
For employees who retire before the prescribed age, each year of retirement before the prescribed age is reduced by 2%. In case the retirement age has an odd time of up to 06 months, the reduction rate is 1%, from more than 06 months, the percentage rate due to early retirement is not reduced.
Average monthly salary for social insurance payment to calculate pension:
According to the provisions of Article 62 of the Law on Social Insurance 2014 and Article 11 of Decree No. 33/2016/ND-CP, the average monthly salary for social insurance payment to calculate pension and one-time allowance for military personnel and public security officers is as follows:
1. Military personnel and public security officers who have paid social insurance for the entire period under the salary regime prescribed by the State, the average monthly salary for social insurance payment before retirement or demobilization, discharge, or termination of employment is implemented as follows:
- For those who started participating in social insurance before January 1, 1995, the average monthly salary for social insurance payment of the last 5 years before retirement or demobilization, discharge, or termination of employment is calculated;
- Starting to participate in social insurance during the period from January 1, 1995 to December 31, 2000, calculate the average monthly salary for social insurance payment of the last 6 years before retirement or demobilization, discharge, or termination of employment;
- Starting to participate in social insurance during the period from January 1, 2001 to December 31, 2006, calculate the average monthly salary for social insurance payment of the last 8 years before retirement or demobilization, discharge, or termination of employment;
- Starting to participate in social insurance during the period from January 1, 2007 to December 31, 2015, calculate the average monthly salary for social insurance payment of the last 10 years before retirement or demobilization, discharge, or termination of employment;
- Starting to participate in social insurance during the period from January 1, 2016 to December 31, 2019, calculate the average monthly salary for social insurance payment of the last 15 years before retirement or demobilization, discharge, or termination of employment;
- Starting to participate in social insurance during the period from January 1, 2020 to December 31, 2024, calculate the average monthly salary for social insurance payment of the last 20 years before retirement;
- Starting to participate in social insurance from January 1, 2025 onwards, calculate the average monthly salary for social insurance payment of the entire period.
2. Military personnel and public security officers who have both paid social insurance under the salary regime prescribed by the State and paid social insurance under the salary regime decided by the employer shall calculate the average monthly salary for social insurance payment of the periods.
In which:
- The period of paying social insurance under the salary regime prescribed by the State shall be calculated as the average monthly salary for social insurance payment according to the regulations based on the time of starting to participate in compulsory social insurance as above; in case the number of years prescribed above is not enough, the average monthly salary of the months of social insurance payment shall be calculated;
- The period of paying social insurance under the salary regime decided by the employer shall be calculated as the average monthly salary