Retirement conditions in different places in Shanghai

The conditions for retirement in different places in Shanghai mainly include age, years of social security payment and proof of residence in Shanghai.

I. Age conditions

First of all, retirement in Shanghai from other places needs to meet certain age conditions. According to the provisions of Article 16 of the Social Insurance Law of People's Republic of China (PRC), individuals participating in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid 15 years at the statutory retirement age. The "legal retirement age" here is usually 60 for men and 55 for women (it may vary according to occupation and type of work). Therefore, the first condition for foreigners to retire in Shanghai is to reach the legal retirement age.

Second, the social security payment period

In addition to the age condition, people from other places who come to Shanghai to retire need to meet a certain social security payment period. Specifically, individuals must pay the basic old-age insurance in Shanghai for 15 years before they are eligible for the basic old-age pension in Shanghai. If the payment period of social security is less than 15 years, individuals can choose to continue to pay to 15 years and go through retirement procedures, or they can choose to transfer the social security relationship back to their domicile and go through retirement according to local regulations.

Third, proof of residence.

In addition, retirement in Shanghai also requires proof of residence in Shanghai. This is mainly to prove the actual living conditions of individuals in Shanghai, so as to ensure that they can enjoy the retirement benefits in Shanghai. The residence certificate can be a valid certificate such as Shanghai hukou book, residence permit or rental contract.

After the migrants meet the above conditions, they can go through the retirement formalities in accordance with the relevant regulations of Shanghai and receive the basic pension. It should be noted that the specific retirement conditions and procedures may change due to policy adjustment. It is recommended that foreign personnel consult the Shanghai social security department or relevant institutions before retirement to learn about the latest policies and requirements.

To sum up:

Retirement in different places in Shanghai needs to meet the conditions such as age, social security payment period and residence certificate in Shanghai. After reaching the legal retirement age and paying the basic old-age insurance in Shanghai 15 years, an individual can go through the retirement formalities with a valid residence certificate and receive the basic pension. However, it should be noted that the specific retirement conditions and procedures may change due to policy adjustment. It is recommended that foreigners consult relevant departments or institutions before retirement.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 16 stipulates:

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.

Provisional Regulations of People's Republic of China (PRC) Municipality on Residence Permit

Article 2 provides that:

Citizens who have left their permanent residence to live in other cities for more than half a year and meet one of the conditions of legally stable employment, legally stable residence and continuous study may apply for residence permits in accordance with the provisions of these regulations. The residence permit is the proof that the holder lives in the place of residence, enjoys the basic public services and conveniences of the permanent population, and applies for permanent residence registration.