Retirement Age of Employees in Vietnam

The retirement age of employees in Vietnam is prescribed by law. Compared with the 2012 Labor Code, the statutory retirement age has been increased. This adjustment is based on the fact that the average health condition of employees has significantly improved; many employees at the former retirement age remain capable, mentally alert, and willing to continue participating in the labor relationship.

This article sets out in detail the statutory retirement age of employees as follows:

For employees working under normal working conditions, the retirement age is gradually adjusted until reaching 62 years old for male employees by 2028 and 60 years old for female employees by 2035.

As of 2021, the retirement age of employees under normal working conditions is:

  • 60 years and 03 months for male employees, and
  • 55 years and 04 months for female employees.

Thereafter, the retirement age shall increase by 03 months per year for male employees and 04 months per year for female employees.

Employees who suffer from a reduced working capacity; those engaged in arduous, hazardous, or dangerous occupations; or those working in areas with particularly difficult socio-economic conditions may retire up to 05 years earlier than the statutory retirement age.

Specifically, the schedule for adjusting the retirement age of employees under normal working conditions is as follows:

Year of retirement Male employees Year of retirement Female employees
2021 60 years 3 months 2021 55 years 4 months
2022 60 years 6 months 2022 55 years 8 months
2023 60 years 9 months 2023 56 years
2024 61 years 2024 56 years 4 months
2025 61 years 3 months 2025 56 years 8 months
2026 61 years 6 months 2026 57 years
2027 61 years 9 months 2027 57 years 4 months
From 2028 onwards 62 years 2028 57 years 8 months
2029 58 years
2030 58 years 4 months
2031 58 years 8 months
2032 59 years
2033 59 years 4 months
2034 59 years 8 months
From 2035 onwards 60 years

Legal grounds:

  • Article 169 of the 2019 Labor Code;
  • Article 4 of Decree No. 135/2020/NĐ-CP on retirement age.

 

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