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Volume 06 Issue 09 September 2023

Some Issues in Building a Multi-Pillar Pension System in Vietnam
1Ngoc Ha Tran,2Thi Thu Ha Bui
1,2University of Labour and Social Affairs
DOI : https://doi.org/10.47191/ijmra/v6-i9-77

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ABSTRACT:

In the context of rapid population aging, building and implementing a multi-layered pension system to ensure old-age benefits for all elderly people is an inevitable development trend, bringing social security for all people. This study focuses on analyzing and clarifying arguments about multi-pillar pension insurance and related issues. Based on documents and secondary data collected, the authors have analyzed and clarified arguments about the theoretical basis and international experience in implementing multi-pillar pension insurance. Along with that, this article analyzes the need to design and build a multi-pillar pension insurance system in Vietnam with three interwoven layers that complement each other, including universal social pension, pension mandatory contributions, and voluntary supplementary pensions, towards the goal of universal pension coverage.

KEYWORDS:

multi-pillar pension insurance, pension, Vietnam.

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Volume 06 Issue 09 September 2023

There is an Open Access article, distributed under the term of the Creative Commons Attribution – Non Commercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting and building upon the work for non-commercial use, provided the original work is properly cited.


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