Minimum age for pension insurance

The minimum age for pension insurance is one month after birth.

Minimum number of years of contributions required in social security:

1. The minimum number of years of contributions for pension insurance is 15 years;

2. The minimum number of years of contributions for medical insurance is not less than 25 years for men and 20 years for women. Those who meet the minimum number of years of contributions for pension insurance and medical insurance are no longer required to continue to make contributions after retirement.

The ways to receive pension insurance are as follows:

1. Make an appointment at the office hall of the Social Security Service Center and queue up for the retirement examination and approval procedures according to the appointment time and window;

2. Go to the window set up by the Bureau of Human Resources and Social Security to handle the retirement examination and approval procedures;

3. If you meet the conditions for retirement after the examination and approval by the Bureau of Human Resources and Social Security, please bring the retirement approval form and your ID card to the individual contribution window to modify the basic information and confirm the contribution status;

4. Go to the designated bank to apply for a debit card for pension issuance, and provide the account to the social security institution;

5. Upon approval and approval, go to the Fund Audit Section of the Social Security Bureau to get the "Calculation of Basic Pension Benefits" and sign to confirm the form;

6. The following month after the completion of the retirement procedures Receive your retirement certificate and have your pension transferred to your personal bank account by the end of the month.

Pension subsidy policy standards are as follows:

1. Basic pension. Older people aged 60 or above the national unified fifty-five yuan per person per month for the basic pension, the central government to give the full amount of subsidies;

2, contributions to participate in the insurance subsidies. Participation contributions are uniformly divided into ten grades from one hundred yuan to one thousand yuan. The local finance for the choice of one hundred yuan and two hundred yuan contribution grade, each person annual subsidy of thirty yuan; for the choice of three hundred yuan and above contribution grade, each higher grade, each person annual subsidy increased by five yuan. The maximum subsidy is seventy yuan. The funds required for the contribution subsidy are shared by the provincial, municipal and county finances***;

3. Special Subsidies for the Participation of Persons with Severe Disabilities in Pension Insurance. Contributions for the lowest grade of one hundred yuan for urban and rural persons with severe disabilities to participate in old-age insurance are paid in full by the city and county governments, and the funds required are shared by the city and county finances;

4. Special subsidies for elderly urban and rural low-income recipients. Elderly urban and rural low-income recipients who have reached the age of 60 in counties that have not yet been included in the scope of the national pilot program are fully included in the urban and rural social pension insurance system. The funds required for the payment of basic pensions are shared between the provincial treasury and the municipal and county treasuries***. In summary, the minimum age for purchasing pension insurance is usually one month after birth (28 or 30 days) The maximum age for social pension insurance is the retirement age, that is, 60 years old for men and 55 years old for women The maximum age limit for commercial pension insurance varies according to the specific product, and there are generally many age groups, such as 50 years old, 55 years old, 60 years old, 65 years old and even 75 years old, etc. The maximum age limit for social pension insurance is 60 years old for men, and 55 years old for women, and 55 years old for men.

Legal basis:

Article 16 of the Social Insurance Law of the People's Republic of China

Individuals who have participated in the basic pension insurance will receive a monthly basic pension if they have made contributions for a total of fifteen years by the time they reach the legal retirement age.

Individuals who have participated in basic old-age 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 fifteen years and receive a basic pension on a monthly basis; they may also be transferred to the new type of rural social old-age insurance or the urban residents' social old-age insurance, and enjoy the corresponding old-age insurance treatment in accordance with the provisions of the State Council.