Delay new pensions until 2022 to avoid disadvantages for women

The Minister of Labor, Invalids and Social Affairs yesterday spoke to the press on the sidelines of the National Assembly and submitted to the Government a plan to postpone the application of new pensions from 2018 to 2022 due to the presence of over 21,000 female workers.have to suffer

Regarding the proposal of the Vietnam General Confederation of Labor to stop implementing Clause 2, Article 56 of the Social Insurance Law on pension calculation from January 1, 2018, Minister Dao Ngoc Dung said: "I have signed a document to submit to the Government plans to handle this issue, including a plan to temporarily not implement the above provision and postpone implementation until 2022."

Minister of Labor, Invalids and Social Affairs Dao Ngoc Dung. Photo: Pham Hai

The solutions will ensure the principles: Not to let female workers suffer, to implement a roadmap, to ensure that those who pay social insurance receive benefits, to create conditions for the social insurance fund to be stable and develop sustainably, and not to create frustrations in society.

Mr. Dung said that this issue must wait for the Government to discuss, the Prime Minister to give his opinion, then submit it to the National Assembly, or the National Assembly Standing Committee to approve it before implementation.

According to the pension calculation in Clause 2, Article 56 of the Social Insurance Law, a 55-year-old woman retiring from 2018 must have 30 years of social insurance contributions to receive the maximum 75%, while before 2018 she only needed 25 years.

Male workers retiring in 2018 must have paid social insurance for 31 years, retiring in 2019 must have paid 32 years, retiring in 2020 must have paid 33 years, retiring in 2021 must have paid 34 years and retiring from 2022 onwards must have paid 35 years of social insurance to enjoy the maximum rate of 75% (compared to before 2018, only 30 years of social insurance were required).

With this calculation, female workers retiring from 2018 will receive lower pensions than those with the same social insurance contribution period retiring in 2017.

According to Minister Dung, there will be about 110,000 workers retiring from 2018, of which about 50,000 are female workers. According to the above calculation, men will lose less because men have a 5-year roadmap, while women will be calculated immediately.

"Of the 50,000 female workers who retire, about 21,000 will suffer, of which about 4,000 will suffer the most, about 5-10% of their pension," the Minister of Labor, Invalids and Social Affairs calculated.

This unreasonable point was stated by him at the meeting of the Standing Committee of the National Assembly discussing gender equality (September 2017), the meeting of the Committee on Social Affairs.

"Since then, the Ministry has directed impact assessments and statistics to see what has been achieved and what has not. The goal is to move towards what is good for women, but in the past, the desired results have not been achieved because the working age of women has not been extended. Although we have not been able to solve the problem, we will not let women suffer," the Minister emphasized.

According to VNN