What are the procedures for retiring in Shanghai?

Retirement in Shanghai requires the following procedures:

1. Submit an application: employees should apply for retirement from their work units, and written form is a common way. When applying, you should indicate the date of retirement and the specific time to go through retirement procedures.

2. Retirement procedures: the unit will arrange retirement procedures according to the employee's application. Including signing a retirement agreement with employees, calculating the length of service, settling wages, and handling resignation procedures. Units may require employees to provide relevant supporting documents, such as ID cards, household registration books, retirement insurance certificates, etc.

3. Social insurance registration: the unit shall go through the retirement registration formalities with the social insurance department in time according to the employee's retirement application. This includes the cancellation of social insurance, medical insurance and other types of insurance for employees, as well as the relevant procedures for retirement pension insurance.

4. Resignation procedures: Employees need to go through resignation procedures after going through retirement procedures. Including returning the work permit, keys and other items of the unit, canceling the employee's file in the unit, and obtaining the resignation certificate.

Retirement review and approval will take about one month. When an employer or individual worker reaches the statutory retirement age and goes through the retirement formalities, the general information is complete, which is submitted and approved in the current month, and the treatment can be determined and entered into the database in the first half of the next month, and the basic pension can be issued within the specified time.

To sum up, although the retirement conditions in Shanghai are different from the general regulations in the whole country in details, they are actually slightly adjusted according to the situation in Shanghai to make them more in line with the employment situation in Shanghai and more sympathetic to Shanghai citizens.

Legal basis:

Labor law of the people's Republic of China

Article 74

Social insurance fund agencies shall manage and operate social insurance funds according to law, and be responsible for maintaining and increasing the value of social insurance funds.

Social insurance fund supervision institutions shall supervise the income and expenditure, management and operation of social insurance funds according to law.

The establishment and responsibilities of social insurance fund handling institutions and social insurance fund supervision institutions shall be prescribed by law.

No organization or individual may misappropriate social insurance funds.