Retiring in 2022, how many years of contribution to receive maximum pension?
(Baonghean.vn) - Question: I am a man and have paid social insurance for 35 years. I would like to ask: In 2022, I will be old enough to retire. So, will I receive the maximum pension when I retire? ([email protected]).
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| Paying pensions at home for people. Photo: Duc Anh |
Reply:
Article 74 of the Law on Social Insurance 2014 stipulates the monthly pension level.
Accordingly, the monthly pension of employees eligible for retirement is calculated at 45% of the average monthly income of the contributory employee.social insuranceand corresponding to the number of years of social insurance contributions as follows:
Male workers retiring in 2018 will have 16 years, in 2019 will have 17 years, in 2020 will have 18 years, in 2021 will have 19 years, from 2022 onwards will have 20 years;
Female workers retire from 2018 onwards is 15 years.
After that, for each additional year, the employee is entitled to an additional 2%; the maximum level is 75% of the monthly salary subject to Social Insurance.
Thus, male workers who have paid 35 years of social insurance and are eligible to retire in 2022 will receive a pension at a rate of 75% of their monthly salary, which is the maximum rate. Female workers who have paid 30 years of social insurance and are eligible to retire from 2022 will receive the maximum pension.
In case of employeesparticipate in social insuranceCompulsory, but early retirement due to reduced working capacity, will have the pension rate deducted, according to the principle that the pension rate is calculated as above with a maximum of 75%; then for each year of early retirement, the pension rate will be reduced by 2%. Therefore, cases where the pension rate is deducted will not be entitled to the maximum pension.
So, you have paid social insurance for 35 years, if you are eligible for retirement, you will receive the maximum rate of 75%./.
