What are the procedures for retirement?

Retirement and pension procedures are as follows:

1. Make an appointment at the service hall of the social security service center, and queue up for retirement review procedures according to the appointment time and window;

2. Go to the window set up by the Human Resources and Social Security Bureau for retirement approval;

3. If you meet the retirement requirements after being audited by the Human Resources and Social Security Bureau, please bring the retirement approval form and your ID card to the individual payment window to modify the basic information and confirm the payment;

4. Issue a pension debit card at the designated bank and provide an account to the social security agency;

5. After the approval, go to the Fund Audit Section of the Social Security Bureau to receive the basic pension treatment calculation form and sign it for confirmation;

6. Get a retirement certificate in the month after completing the retirement formalities, and the pension will be transferred to the personal bank account before the end of the month.

Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC).

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of 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.