Wealth Management Division·Long-termActive
Three-Layer Retirement
Combine social insurance, tax-advantaged supplementary pension and an in-house retirement portfolio so each member replaces ≥ 70% of spending in retirement.
- Desk
- Pension & Retirement
- Book
- In-house retirement portfolio
- Horizon
- Long-term · 5+ years
- Last reviewed
- 11 Sept 2026
Thesis
Social insurance provides the guaranteed floor; voluntary supplementary pension earns tax relief; a balanced in-house portfolio covers the rest. Ring-fenced from investment capital so it is never 'borrowed' for opportunities.
Rules
Entry
Fixed monthly contribution per member plan; indexed to inflation annually.
Exit
Payouts only after retirement age or Council-approved serious medical cases.
Sizing
In-house portfolio: 40% dividend equities / 40% bonds-deposits / 20% gold, rebalanced annually.
Risk limits
- No crypto, no PE/VC in the retirement portfolio
KPIs
- Funding ratio ≥ 100% by age 50
Instruments
- Voluntary social insurance, supplementary pension fund, dividend stocks, bonds, gold
PensionBonds & term depositsVietnam equitiesGold#pension#retirement#balanced