According to the current law on social insurance, voluntary social insurance participants are entitled to pension in one of the following cases: Having reached full 60 years old, for men, or full 55 years old, for women, for those who have full 20 or more. The information you provided did not specify whether you were male or female; Therefore, we suggest that you read the above provisions on conditions for pension entitlement to determine the time when you are eligible for the age and time of social insurance payment to enjoy pension.

- On premium payment methods, voluntary social insurance participants may select one of the following methods to make payment to the retirement and survivorship fund: Payment for every month; Payment for every 3 months; Payment for every 6 months; Payment for every 12 months; One-off payment for many subsequent years with each payment for not more than 5 years; One-off payment for the insufficient number of years, 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.

- On premium payment levels: The monthly premium payment level must equal 22% of the monthly income selected by voluntary social insurance participants. The monthly income selected by voluntary social insurance participants must at least equal the poverty line in rural areas as prescribed by the Prime Minister (VND 700,000) and must not exceed 20 times the basic salary level at the time of payment (The current base salary is VND 1,490,000). In addition, when participating in voluntary social insurance, you are also supported by the State with the payment rate of the monthly social insurance premium according to the poverty standard of rural areas (equal to 30% of the participants of voluntary social insurance for poor households; equal to 25% for participants of voluntary social insurance for near poor households; equal to 10% for other subjects). The support duration depends on the actual time participating in voluntary social insurance of each person without exceeding 10 years (120 months).

We have just provided some information so that you can understand and decide a suitable payment method based on your economic situation and the level of voluntary social insurance payment. Please soon contact the social insurance agency of your residence or the local social insurance collection agent at the nearest place for specific advice and guidance.