• QUESTION AND ANSWER
Sender:
Nguyen Quang Tuan
Email:
tnguyen7@worldbank.org
Send Date:
10/10/2020
Fields:
FAQ
Status
Replied
Content:

My name is Nguyen Quang Tuan, born on October 26, 1960, enlisted on August 31, 1978 and demobilized on August 25, 1988. From August 25, 1988 to November 27, 1990, I went on a labor cooperation business under the Government Agreement. During that time, my demobilization decision states that 10 years of military service is converted to 10 years and 7 months plus 2 years and 3 months of cooperative laboring, then the total continuous time is 12 year 3 months (my military time and the time of cooperative laboring have not yet been counted for entitlement to the regimes). So, am I eligible to pay voluntary social insurance to full 20 years to enjoy pension? Is the redemption period counted as continuous time? Sincerely thank you, VSS.

Answer by:
VSS
Answer Date:
14/10/2020
File attachment:
Answer:

Under the provisions of Point e, Clause 1, Article 9 of the Government's Decree No. 134/2015/ND-CP dated December 29, 2015, for social insurance participants who satisfy the condition on retirement age for pension enjoyment and whose insufficient period of social insurance premium payment is 10 years (120 months) at most. In this case, they may pay social insurance premiums so that their payment period reaches full 20 years in order to receive pension.

In your case, you are full 60 years old, had served in the army for 10 years and worked for 2 years and 3 months in labor cooperation, thus the total time is 12 years and 3 months. For your service time in the army and labor cooperation working time, if you have not received the severance or lump-sum allowance, you are subject to a lump-sum payment for the remaining time to enjoy pension. The working time for calculating social insurance benefits is the actual working time, which is not calculated according to the converted working time.

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