Voluntary Pension Funds

Boost your employee's retirement security with our Pension Funds. This long-term solution helps businesses attract and retain talent while ensuring stable income for employees upon retirement. The Pension Fund’s goal is to help employees generate an additional source of income for retirement in addition to the pension paid by Social Insurance. The fund is an effort by employers to improve the quality of life for their employees and to show gratitude to loyal members of the business.
General information
Participating Benefits
Performance
Information Disclosure & Documents

Doc Lap Pension Fund

Help employees prepare for retirement through contributing to a pension fund that supplements social security benefits.

General information

banner

Fund Type

A voluntary pension fund is a type of investment that enterprises can contribute to on behalf of their employees. Employees can contribute directly to this program after terminating their employment contract with the employer. The purpose of the retirement program is to create a tool for employees to invest and accumulate assets as an additional source of income for retirement (in addition to the pension paid by Social Insurance). The interests of fund participants will be protected by transparent mechanism and the management/ supervision of multiple parties, including fund management companies, supervisory banks and state authority agencies.

Investment Objectives & Strategy

The Doc Lap voluntary pension fund aims at net asset growth and long-term stable income generation for investors by investing in Government bonds, Government-guaranteed bonds, municipal bonds, deposits, and securities investment fund certificates.

Asset Allocation

Suitable for employees with a low level of risk tolerance. The Fund invests on a conservative basis, focusing heavily on fixed-income securities. The Fund allocates a maximum of 15% of total assets into ETF, and a minimum of 85% into government bonds and term deposits, in which the allocation of government bonds must not be less than 50% of the Fund's total assets.
General information

Participating Benefits

SSIAM's voluntary retirement fund is an effective solution for both enterprises and employees. Enterprises can contribute to the Fund on behalf of their employees.

Enterprise

Enterprise
  • Strengthen company cohesion with employees: help employees feel more secure about their long-term future with the enterprise.
  • Diversify the remuneration mechanism in addition to the salary and bonus mechanism, increasing competitiveness in the labor market.
  • Optimizing costs: reduce training costs, employee turn-over, and enjoy tax benefits (up to 3 million VND/month/employee).

Employees

Employees
  • Gain an additional source of income for retirement.
  • Safe and effective investment through diversified fund selection according to investment needs.
  • Flexibility to withdraw money from the pension account before retirement, after fulfilling tax obligations as prescribed by law

Performance

Growth rate

 
As at 31/12/2024
1 month
YTD
Since inception
DOCLAP 10,910.02 0.78% 4.44% 9.10%
 
 

Transaction information

Asset Allocation

Fund certificate
12.08%
Cash
7.97%
Deposits
28.81%
Listed Bond
51.14%

Information Disclosure & Documents

icon-input
Doc Lap Pension Fund Report Quarter 4.2024

Doc Lap Pension Fund Report Quarter 4.2024

20/01/2025

Download

document
Doc Lap Pension Fund Report Quarter 3.2024

Doc Lap Pension Fund Report Quarter 3.2024

15/10/2024

Download

document
Reviewed semi-annual financial statements 2024 Doc Lap Pension Fund

Reviewed semi-annual financial statements 2024 Doc Lap Pension Fund

14/08/2024

Download

document
Statistical report on transaction fees in investment activities for the first half of 2024

Statistical report on transaction fees in investment activities for the first half of 2024

14/08/2024

Download

document
Report on the operation of the 2024 semi-annual voluntary supplementary pension fund

Report on the operation of the 2024 semi-annual voluntary supplementary pension fund

29/07/2024

Download

document
Doc Lap Pension Fund Report Quarter 2.2024

Doc Lap Pension Fund Report Quarter 2.2024

19/07/2024

Download

document
Doc Lap Pension Fund Report Quarter 1.2024

Doc Lap Pension Fund Report Quarter 1.2024

16/04/2024

Download

document
Doc Lap Pension Fund Audited Financial Report 2023 (including statistical report on transaction fees in investment activities)

Doc Lap Pension Fund Audited Financial Report 2023 (including statistical report on transaction fees in investment activities)

20/03/2024

Download

document
Report on Voluntary Supplemental Pension Fund Management Operation in 2023

Report on Voluntary Supplemental Pension Fund Management Operation in 2023

11/03/2024

Download

document
Doc Lap Pension Fund Report Quarter 4.2023

Doc Lap Pension Fund Report Quarter 4.2023

16/01/2024

Download

document
Report of Doc Lap Pension Fund for Quarter 3.2023

Report of Doc Lap Pension Fund for Quarter 3.2023

08/10/2023

Download

document
Semi-annual Report of Doc Lap Pension Fund 2023

Semi-annual Report of Doc Lap Pension Fund 2023

14/08/2023

Download

document
Operational Report of the Supplemental Pension Fund Management Semi-annual 2023

Operational Report of the Supplemental Pension Fund Management Semi-annual 2023

14/08/2023

Download

document
Report of Doc Lap Pension Fund for Quarter 2.2023

Report of Doc Lap Pension Fund for Quarter 2.2023

20/07/2023

Download

document
Adjustment Certificate of eligibility to provide Voluntary Supplementary Pension fund management service of SSI Asset Management Company Limited (SSIAM)

Adjustment Certificate of eligibility to provide Voluntary Supplementary Pension fund management service of SSI Asset Management Company Limited (SSIAM)

17/05/2023

Download

document
Report of Doc Lap Pension Fund for Quarter 1.2023

Report of Doc Lap Pension Fund for Quarter 1.2023

19/04/2023

Download

document
Fund Charter of Doc Lap Pension Fund

Fund Charter of Doc Lap Pension Fund

31/12/2022

Download

document
Prospectus of Doc Lap Pension Fund

Prospectus of Doc Lap Pension Fund

30/12/2022

Download

document
Announcement of Establishment of the Doc Lap Pension Fund under the Voluntary Supplementary Pension Program provided by SSIAM

Announcement of Establishment of the Doc Lap Pension Fund under the Voluntary Supplementary Pension Program provided by SSIAM

08/04/2022

Download

document
Certificate of eligibility to provide Voluntary Supplementary Pension fund management service of SSI Asset Management Company Limited (SSIAM)

Certificate of eligibility to provide Voluntary Supplementary Pension fund management service of SSI Asset Management Company Limited (SSIAM)

03/02/2020

Download

document
icon-input

Frequently Asked Questions

Find the answers to frequently asked questions here

 The voluntary supplemental pension fund (VSPF) is a long-term investment product designed to help ensure financial security during employees' retirement and provide a financial tool for businesses to offer attractive benefits to employees. The fund is provided and managed by SSI Asset Management Company (SSIAM) with a team of professional investors.

Businesses participating in the contribution to the voluntary pension funds as employers.

Depending on the fund charter of each voluntary pension fund, participants may include:
  • employees participating in direct contributions with employers;
  • individuals aged 15 years or older, not working under a labor contract participating in direct contributions.

A Certificate of Eligibility for Operating the Voluntary Supplementary Pension Fund is issued by the Ministry of Finance to certain asset fund management companies that meet regulatory requirements.

When employees and employers participate in the VSPF, the contributions are directly transferred to a custodian bank. SSIAM only invests this amount and does not directly hold employees' funds. Each employee's account value is managed independently by the personal account management organization (Viet Nam Securities Depository and Clearing Corporation - VSDC).

The fund always has a supervising bank to monitor and ensure that the fund's investment activities comply with the charter and legal regulations. Pension fund operations must report to the Ministry of Finance and the Ministry of Labor, Invalids, and Social Affairs.

Therefore, with the involvement of service providers and regulatory bodies, the pension fund ensures transparency and legal compliance of the parties involved.

  • For employees: Employees are provided with a personal pension fund account to check information on the Viet Nam Securities Depository and Clearing Corporation (VSDC) system. SSIAM will provide customers with documentation to log in and check information on the VSDC system. Additionally, SSIAM's system will send monthly reports updating account values to investors' email addresses.
  • For businesses: SSIAM will send reports if the business requests specific details (if any).
  • Regarding Transfers: Currently, voluntary pension fund (VSPF) certificates cannot be transferred between investors.
  • Regarding Inheritance:
    • Case 1: If an employee passes away before the vesting date, inheritance depends on the company's policy on whether the employee’s relatives are allowed to benefit before the vesting date. SSIAM may carry out the payment.
    • Case 2: If an employee passes away after the vesting date, inheritance can be executed with a tax rate similar to other inherited assets.

 

CONTACT US NOW

Let us serve you