Vietnam to increase retirement age from 2021


The gradual retirement age extension is expected to prevent abrupt interruptions in the labour market and maintain political and social stability. - VN/ANN

HANOI (Vietnam News/ANN): Starting next year, the retirement age will be increased to 60 years and three months for men and 55 years and four months for women.

This is part of Government Decree No. 135/2020/ND-CP, applicable from Jan 1,2021, following the approval of the revised Labour Code by the National Assembly last year after lengthy debates.

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