Report

Potential impacts of social pensions in Viet Nam

This report is part of a wider study by the International Labour Organization (ILO) in Viet Nam that builds the case for expanding the social pension as part of a multi-tiered pension system. The report was developed with guidance from Betina Ramirez Lopez and Nuno Cunha of the ILO, with the costings analysis undertaken by Doan-Trang Phan.

Without access to a pension, many older people in Viet Nam are struggling. As people age and become increasingly frail and disabled, they are no longer able to work and increasingly depend on others for financial support. This is a burden on many families with children, who have to forgo resources to care for their older relatives. It is also a challenge for older people who increasingly lose their autonomy and their ability to contribute to their families and
communities. Increasingly, older people may become excluded from society if they are regarded as a financial burden.