When can I get the employee pension insurance?

The time for employees to receive old-age insurance mainly depends on the conditions that employees reach the statutory retirement age and meet the relevant payment years.

I. Determination of the legal retirement age

The legal retirement age is the first condition for employees to receive pension insurance benefits. According to China's current regulations, the legal retirement age is generally 60 for men and 55 for women (special positions such as women workers may be different). However, it is worth noting that with the continuous improvement of China's social security system and the intensification of population aging, the legal retirement age may be adjusted according to policy needs.

Second, the requirements of the cumulative payment period

In addition to reaching the statutory retirement age, employees also need to meet the requirements of accumulated endowment insurance 15 years. Payment period 15 years can be paid continuously in the same unit or accumulated in multiple units. When employees pay old-age insurance, both units and individuals need to pay insurance premiums in accordance with the prescribed proportion, and these expenses will form individual accounts for employees' old-age insurance as the basis for receiving pensions in the future.

Three. Procedures for receiving pension insurance money

Workers who reach the statutory retirement age and meet the requirements of accumulated payment period may apply to their units or social security departments for receiving pension insurance benefits. In the application process, you need to provide relevant identity certificates, seniority certificates and payment records. The social security department calculates the pension benefits of employees according to the regulations, and pays them to employees on a monthly basis after the audit is correct.

Fourth, the handling of special circumstances.

In practice, there may be some special circumstances, such as employees completely losing their ability to work due to illness or non-work-related disability before reaching the statutory retirement age. For these special circumstances, China's social security policy has also made corresponding provisions, allowing employees to receive pension insurance benefits in advance. However, the specific conditions and procedures for early collection need to be determined according to local social security policies.

To sum up:

The time for employees to receive old-age insurance mainly depends on the conditions that employees reach the statutory retirement age and meet the relevant payment years. After meeting these conditions, employees can apply to their units or social security departments, and after verification, they can begin to receive pension insurance benefits. At the same time, the handling of special circumstances should also follow the relevant policies and regulations.

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.

The State Council's decision on improving the basic old-age insurance system for enterprise employees

Article 6 provides that:

All kinds of enterprise employees, individual industrial and commercial households and urban flexible employees should participate in the basic old-age insurance for enterprise employees. The payment base for urban individual industrial and commercial households and flexible employees to participate in the basic old-age insurance is the average salary of local employees in the previous year, and the payment ratio is 20%, of which 8% is credited to personal accounts. After retirement, the basic pension is calculated and paid according to the basic pension plan for enterprise employees.