What if I can't live to retirement pension?

If you die before the retirement age, the personal part and interest paid by the pension can be returned in full. Can be inherited by legal heirs. Handler's ID card, deceased's ID card, cremation certificate, death certificate, certificate of the relationship between the handler and the deceased, go through the formalities in the local social insurance, and the social insurance pays funeral expenses, pensions and returns the principal and interest of the personal account of the old-age insurance.

You can't get a pension until you reach retirement age, except in the following two cases:

1. In a case, the insured person dies unfortunately during the payment period and can receive the balance of the old-age insurance paid before that. The way of collection is inherited by the children of family members, but only the money in the individual pension account can be collected, and the rest of the social pooling can not be collected.

2. In another case, the insured immigrates and changes his nationality. Since he is no longer a citizen of his own country and no longer participates in his own old-age insurance, the old-age insurance he paid before can also be collected. However, as in the above situation, you can only receive this part of your personal account, not from social pooling.

Provisions on retirement conditions:

1, reaching the statutory retirement age

2, the pension insurance payment period reached fifteen years.

According to relevant regulations, the legal retirement age of employees in Chinese enterprises is 60 for men, 50 for women employees and 55 for women cadres. Engaged in underground, high altitude, high temperature, particularly heavy manual labor or other jobs harmful to health (hereinafter referred to as special jobs), the retirement age is 55 years old for men and 45 years old for women; Disabled due to illness or non-work-related, the retirement age is 55 years old for men and 45 years old for women, which is certified by the hospital and confirmed by the labor appraisal committee.

The following materials are required for retirement:

1, my ID card and a copy;

2. Additional treatment materials and copies (active service files, etc.). );

3. Two one-inch photos;

4. Pension payment book or relationship connection card.

Pension, also known as pension and retirement fee, is the most important social pension insurance treatment. That is to say, according to the relevant national documents, the monthly or lump-sum payment of insurance benefits in cash is the need to benefit the society and is mainly used to ensure the basic living needs of employees after retirement, according to their contributions to society and their qualifications or retirement conditions. Pensions are accumulated and operated according to the principle of accumulation by the state, the collective and the individual. When people are in their prime of life, part of the wealth created is invested in pension plans to ensure a sense of security in their later years.

Legal basis:

Social insurance law

Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis;

Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

Seventeenth individuals who participate in the basic old-age insurance, due to illness or non-work-related death, their survivors can receive funeral grants and pensions;

Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.