Reducing the retirement age or reducing the number of years of insurance premiums?

Around the one-time social insurance withdrawal that the Laborer Newspaper has continuously reported, we continue to receive valid comments from readers to help improve the social insurance policy, towards the goal of ensuring sustainable social security for employees.

Welfare experts believe that the one-time withdrawal of social insurance is mainly among workers with low incomes and no savings, so when they lose their jobs, they face many economic difficulties. When faced with the choice of having to borrow to take care of life and receive a one-time social insurance, employees often choose the following option. Even if it is less than 1 year after leaving the job, the employee also chooses to mortgage the social insurance book to receive an amount equal to only 50%-60% of the amount they should have received, while the regulations on paying social insurance premiums are limited. It takes at least 20 years to receive a pension, making it difficult for many employees to achieve.

Reader Huynh Quang Khai asked the question: “Paying social insurance contributions for 32 years to receive a 55% pension or waiting for 10 years to receive 75% of salary (full 60), do the math and you will know why the employee wants to withdraw 1 time? “. From the same point of view, reader Hoang Dan insists on withdrawing social insurance once because the salary cannot keep up with the escalating prices, withdrawing once to cover life and do more things than wait for retirement. Health insurance gives a few pills that never go away, if you want to get rid of the disease, you have to buy drugs outside the list of health insurance. Well, let’s go there or go there.”

For further analysis, a reader named Nam wrote: “Why do employees have to withdraw social insurance once, because paying social insurance premiums for non-state employees cannot be maintained until the age of 62 and especially if so, the salary According to reader Nguyen Thanh Tuy, employees’ rights when they do not want to reserve social insurance, they withdraw, because when they do not have stable jobs, where can they get money to maintain social insurance and benefits? The talent with businesses to protect the interests of workers is not close enough. Around the age of 40, businesses are looking for ways to not use workers of this age.

Similarly, a reader named Liem said: “The reason why most employees, especially those outside the state sector, withdraw their social insurance once a day a lot is because they see that they have no chance to receive a pension. In fact, beyond the age of 50, the employee will The employer has arranged for him to quit his job.

According to reader Le Hoang Nhan, the current Law on Social Insurance has many shortcomings, so it cannot keep participants. A person who pays 20 years now earns the same average salary as someone who pays 10 years. Then don’t withdraw 1 new time. An anonymous reader wrote: Salary in 2000 was 500,000 VND to buy 1 gold, now 7,000,000 can buy one, but the salary when retired is averaged, even with the multiplier, but it is not suitable. Therefore, the salary of employees receiving pension is usually low. should only base on salary a few months before leaving is appropriate.

Around the issue of retirement age, according to reader Anh Thuong, the retirement age of unskilled workers 60-62 is not appropriate. Wanting people to participate in social insurance should reduce the retirement age for this object lower, only increase for public employees, public employees and office workers. Sharing the same opinion, reader Duong Thi Cuc, what employees need is to reduce the retirement age, not the year of premium payment. Similarly, the reader named Hai also said that what employees want is to reduce the age of receiving insurance.

The minimum period of retirement is too long

Recently, at an international consultation workshop on amendments and supplements to the Law on Social Insurance, organized by Vietnam Social Insurance in collaboration with the World Bank, Mr. Christophe Lemiere, Human Development Program Manager In Vietnam, the low participation rate in compulsory social insurance in Vietnam is attributed to the long minimum period of pension enjoyment (20 years).

Vietnam is also the only country that allows employees to withdraw one-time social insurance contributions, thereby increasing pressure on the social security system, and at the same time the state must provide income support for a large number of elderly people who do not participate. into the social security system. In order for the social insurance policy to develop sustainably, the Government needs to increase the number of people participating in compulsory social insurance, limit the number of people who withdraw one-time social insurance, and support 30%-50% of the voluntary social insurance contributions for the poor. achieve the target of 60% of the workforce participating in social insurance by 2030,” emphasized Mr. Christophe Lemiere.

According to An Khanh