Retirement age for public officials and civil servants is one of the most pressing issues today. According to the Labor Code 2019 and related guidelines, retirement age will be adjusted according to a specific timeline, ensuring alignment with the country’s economic and social conditions.
Retirement Age Regulations Under the Labor Code 2019
According to Article 169 of the Labor Code 2019, workers who meet the required conditions for social insurance contributions will be eligible for pension benefits upon reaching the specified retirement age. For regular employees, the retirement age will gradually increase until it reaches 62 years for men by 2028 and 60 years for women by 2035.
Starting from 2021, the retirement age for regular employees is as follows:
- Men: 60 years and 3 months.
- Women: 55 years and 4 months.
Each year, the retirement age will increase by an additional 3 months for men and 4 months for women.
Conditions for Early or Late Retirement
Early Retirement
Employees may retire earlier than the standard age under the following circumstances:
- Reduced work capacity.
- Performing jobs that are particularly arduous, hazardous, or dangerous.
- Working in areas with especially difficult socioeconomic conditions.
In these cases, the retirement age can be lower but not more than 5 years below the general standard.
Late Retirement
Employees with high professional qualifications or special circumstances may continue working beyond the standard retirement age. In such cases, the retirement age can be higher but not more than 5 years above the standard.
Retirement Age Adjustment Timeline
According to Decree 135/2020/ND-CP, the adjustment timeline for retirement age is detailed as follows:
For Regular Employees
For Specialized Employees
For Highly Skilled Employees
Employees with advanced professional qualifications and certain special circumstances may negotiate with their employers to continue working past the standard retirement age, as stipulated in Article 4 of Decree 135/2020/ND-CP.
Social Security Benefits Upon Retirement
The termination of employment contracts and the resolution of social security benefits for employees are governed by the provisions in Chapter III, Section 3 of the Labor Code 2019 and other relevant laws on social security.
Conclusion
The retirement age for public officials and civil servants is being adjusted according to a specific timeline to ensure alignment with labor conditions and economic and social development needs. Employees should be aware of these regulations to plan their retirement effectively.
