From January 1 next year, workers will be entitled to a lump-sum social insurance allowance rather than having to wait until retirement age to receive monthly pension as regulated in Article 60 of the 2014 Law on Social Insurance.Such is provided in a Resolution on payment of lump-sum social insurance allowances for workers one year after they cease working, which was adopted on June 22 by the National Assembly at its 9th session.Accordingly, workers may have their period of paying social insurance premiums reserved in order to receive pension when reaching the retirement age.
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| Workers may receive lump-sum social insurance allowances one year after quitting their jobs__Photo: laodong.com.vn |
