How is the Vietnamese pension calculated?

Vietnam's pension is a replacement rate applied to your average insured salary. Men reach 45% after 20 contribution years and women after 15 years, then each additional year adds 2%, up to a maximum of 75%.

What is the contribution split?

Employees contribute 8% of salary to the pension and survivor fund, while employers contribute 17.5% across pension, sickness, and occupational funds. The employee's 8% is the core retirement portion this tool models.

What is the retirement age in Vietnam?

Vietnam is gradually raising the retirement age to 62 for men and 60 for women. You must reach the statutory age and have at least 15–20 years of contributions to draw a full pension under the current rules.

Why is the pension capped at 75%?

The accrual formula caps the replacement rate at 75% of the average insured salary no matter how many extra years you contribute, so additional years beyond the cap raise your average salary base rather than the percentage.

Does this include voluntary social insurance?

The same accrual logic applies to voluntary BHXH for the self-employed, who choose their contribution salary. Enter your chosen base salary and years to project the voluntary pension on the same formula.

Vietnam Pension & Retirement Calculator

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The Vietnam Pension & Retirement Calculator projects your monthly pension under Vietnam’s social insurance scheme (BHXH). Employees contribute 8% of salary toward the pension fund and employers 17.5% across funds. The pension is a replacement rate applied to your average insured salary, capped at 75%.

How it works

The replacement rate starts at 45% — reached after 20 years of contributions for men and 15 years for women — and rises 2% per additional year, up to 75%:

base years: men 20, women 15  → 45%
each extra year                → +2%
rate = min(75%, 45% + 2% × extraYears)
monthly pension = averageSalary × rate

You also need to reach the statutory retirement age (rising to 62 for men, 60 for women) with the minimum contribution years to draw a full pension.

Example and notes

A woman with 30 contribution years has 15 base years (45%) plus 15 extra years (30%), which would be 75% — exactly the cap. On an average insured salary of 15,000,000 VND, her monthly pension is 11,250,000 VND.

This models the headline accrual rule. Salary indexation, the contribution-salary cap, and the gradual age changes affect the real figure, so confirm with Vietnam Social Security (BHXH).