Retiree social security subsidy conditions

The conditions for receiving social security subsidies for retirees are as follows:

1, men aged 55 and over, women aged 45 and over, and in a state of employment difficulties;

2, unemployed for more than a continuous period of time and enjoying the low income insurance treatment;

3, with a disability certificate, a single-parent family, a single-parent family needs to satisfy the family with minor children;

4, graduates of colleges and universities without employment after graduation, and the family is very difficult to meet. p>

4, college graduates who are not employed after graduation and have a very difficult family.

Calculation of social security subsidies for retirees:

1. Calculation of basic pension: Based on the number of years of contributions and the contribution base of the retiree, the basic pension will be calculated in accordance with the ratio stipulated by the local social security bureau;

2. Calculation of individual account pension: The accumulated storage amount of the individual account at the time of retirement will be divided by the number of months of expected receipt to arrive at the monthly pension to be received from the individual account;

3. Transitional pension calculation: for retirees who have worked for a long period of time before the change of system, the transitional pension is calculated in accordance with certain policies;

4. Supplementary pension calculation: if the retiree's unit has an enterprise annuity or supplemental pension insurance, the supplemental pension is calculated in accordance with the corresponding rules;

5. Adjustment of pension calculation: the pension adjustment policy is regularly adjusted according to the national and local pension adjustment policy. pension adjustment policies, the pension of the retiree is adjusted regularly.

In summary, the conditions for receiving social security subsidies for retirees include being 55 years old (for men) or 45 years old (for women) and in a difficult employment situation, being continuously unemployed and enjoying low-income insurance, having a disability certificate or being a single-parent family (with minor children), and not being employed after graduating from a college or university and having a very difficult family.

Legal basis:

The Social Insurance Law of the People's Republic of China

Article 16

Individuals who have participated in basic old-age pension insurance and have made contributions for a total of fifteen years by the time they reach the legal retirement age will receive a basic pension on a monthly basis. Individuals who have participated in basic pension insurance and have contributed for less than fifteen years by the time they reach the statutory retirement age may contribute until they reach the full fifteenth year and receive a basic pension on a monthly basis; they may also be transferred to the new type of rural social pension insurance or the urban residents' social pension insurance, and shall enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.