How to retire in Beijing?

Retirement in Beijing requires two conditions: age and years.

1. The place to receive benefits is Beijing, and the age: male over 60 years old; Female management positions and professional and technical positions have reached the age of 55; Female employees are in their fifties.

2, the basic old-age insurance payment period (including deemed payment period) accumulated over 15 years. It should be noted that the social security payment account of Beijing foreign household registration insured must be the "master account" of basic old-age insurance and the payment must be over 10 years.

For the insured registered in Beijing who have paid the basic old-age insurance premium for less than 15 years when they reach the legal retirement age, they can apply for extending the payment of the basic old-age insurance premium. For insured persons with foreign household registration, those with foreign household registration who have participated in the basic old-age insurance in this city before the male reaches 50 years old and the female reaches 40 years old, who have paid the basic old-age insurance fee in this city for more than 10 years but less than 15 years, and the basic old-age insurance relationship is not in their place of residence, they can apply for an extension of payment.

Impact of retirement policy

First of all, for young people, the policy of delaying retirement may increase their employment opportunities. Because the retirement time of the elderly is delayed, young people have more job opportunities. This will make the job market more stable, and young people can find jobs more easily without having to compete with the elderly for the same positions. But at the same time, we should also pay attention to whether the employment opportunities of young people can really increase, and the opportunities will not be reduced because the elderly work longer.

Secondly, for those who have already worked, the policy of delaying retirement may affect their plans and economic situation. If this policy is implemented, workers may need to work longer hours to get pensions, which may affect their lifestyle and retirement plans. Many people may feel depressed because they need to work longer hours and can't retire or enjoy retirement as planned.